Ethiopian Business Review

The International Labor Organization (ILO) commemorated “World Day Against Child Labor” on June 12, 2013, releasing a new report about the alarming situation many vulnerable children face. The organization urged concerted and joint action at national and international levels to eliminate child domestic labour.

Wednesday, 17 July 2013 13:54
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The registration process for the new government housing projects has gotten people talking. Starting May 3, 2013 all 115 branches of the Commercial Bank of Ethiopia (CBE) in Addis Abeba were busy with swarms of people hoping to take advantage of the new program. Despite its multi-faceted benefits, not everyone seems to be happy though. Private banks may face further depleted savings as the masses rush to open an account in the Commercial Bank of Ethiopia (CBE); the public financial institution mandated with handling the financial aspect of the project. The 40/60 program that targets the middle class is set to challenge private real estate companies as well.

Wednesday, 17 July 2013 13:50
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A new study by the social marketing organization DKT Ethiopia finds that Emergency Contraceptive consumption is on the rise. Commonly known as Post Pills, they are taken in the immediate hours after having unprotected sexual intercourse to prevent unplanned pregnancy. The study indicates that over a five year period between 2007 and 2012 their use increased by 382 Pct. In 2007, there were only 12,432 pills in circulation but this number grew to a record high of 1.58 million in 2012, according to the DKT study. The country spent more than USD29 million to import the pills in 2012 alone.

Wednesday, 17 July 2013 13:43
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