Ethiopians Greeting New Year with Mixed Emotions

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 5, 2011 -- Ezega.com, Ethiopia’s leading internet portal, reported many interesting news and business data this week. The leading story of the week was in relation to the Ethiopian New Year 2004. There is a common feeling among Ethiopians that nothing much will change in their personal lives as well as in the country. The spirit for the approaching New Year seems peculiarly low.

Also in the news was the International Monetary Fund report, which forecasts a rather gloomy macroeconomic picture for Ethiopia, particularly blaming the government’s “loose monetary policy,” which has resulted in ever-increasing inflation. However, the report has been blocked due to serious concerns expressed by Ethiopia.

Another important piece of Ethiopian news during the week was about the declining craze for Ethiopian coffee among overseas buyers, who have expressed concern that listing of coffee on the Ethiopian Commodities Exchange affects the quality of the product. The ECX does not allow disclosure of places where Ethiopian coffee beans are grown. Moreover, the commodities exchange forbids buying coffee directly from farmers. Meanwhile, biggest US coffee retailer Starbucks continues to claim since 2006 that the ECX rules are a violation of regional branding practices.

On the Ethiopian jobs front, Ezega.com posted various interesting jobs for the week. These include “Sales & Marketing Department Manager” posted by Kitchen World PLC, “Production and Technical Supervisor” posted by G-Global Gas & Chemical PLC, and “Foreign Purchases Officer” posted by LivingSteel Construction PLC. For more information on these and other jobs, please visit http://www.Ezega.com/Jobs/index.aspx.

On the Real Estate section, Ezega.com posted several new properties for sale and rent in Ethiopia. These include “Newly Bbuilt G+1 House IMGR 1424 for Sale in Gerji” for ETB 3500000.00; “Brand New G+1 House IMGR 1423 for sale in Gerji,” for ETB 3000000.00; and “Very Attractive Big Villa IMKZ 1425 for Rent in Kazanchise,” for ETB 80000.00 per month. For more information on these and other properties, please visit http://www.Ezega.com/RealEstate/Index.aspx.

For detailed information on these and other posts at Ezega.com, please visit http://www.Ezega.com. Ezega.com is Ethiopia’s leading online source for News, Jobs, Real Estate, Classifieds, Entertainment, and Social Networking. For posting business data or advertising you business and services, please contact us at contact@ezega.com.
 
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Posted By: Ezega.com
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Address: Hayahulet Mazoria, Bole, Addis Ababa
Zip / Zone: Bole
City: Addis Ababa
Country: Ethiopia

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