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  • Checkout Top Five Strongest African Currencies

    Eritrean Nakfa – R1.01

    Eritrean Nakfa – R1.01

     

    The Original Post by Nick Paul first appeared in travelstart blog, titled 9 African countries with currencies stronger than the rand. For the sake of comparison, all currencies in this article are being matched against the South African Rand which is the 10th strongest Currency in Africa. Here is the list of the 10 Most Powerful Currencies in Africa.

    1. Zambian Kwacha – R1.73

    The country formally known as the colony of Northern Rhodesia has sadly never been known as an economic success story and at a stage had an exchange rate of 1 US Dollar = 5120 Kwacha. The currency was revalued in January 2013 and until recently 1 Kwacha cost over R2, today 1 Kwacha buys you only R1.73.

    2. Eritrean Nakfa – R1.01

    A country you probably haven’t heard from before, it split from Ethiopia in the early 90’s but has a currency, roughly on the same value as ours. This is only a recent development though since the beginning of 2014 and is as a result of the currency being pegged to the US Dollar. 1 Nakfa will cost you R1.01.

    3. Sudanese Pound – R1.85

    Another story very similar to the Ghanaian one is that of the Sudanese Pound. Revalued successively during its post-colonial period, the most recent revaluation came in 2011 following the independence of the oil rich Southern half of the country which became South Sudan. The Sudanese Pound is now worth R1.85, but likely not for long.

    4. Ghanaian Cedi – R3.79

     

    A very surprising example of a strong African currency, Ghana’s Cedi. Ghana is well known for its extensive natural resources, namely Gold from it’s Ashanti region (hence the Anglo-Ashanti gold company famous in South Africa). This one is actually a cheat though, the Cedi is actually in its 3rd rendition under the same name as the currency has been revalued a couple of times. The most recent revaluation was 2007 and it’s lost almost 50% of it’s value against the Rand since then, so the current rate of R3.79 for 1 Cedi shouldn’t last long.

    5. Moroccan Dirham – R1.29

    Rubbing shoulders with Europe, Morocco is in the news as much for illegal immigrants trying to smash down the border

    is shares with Spain as it is for its exotic culture and beautiful scenery. Morocco’s currency wasn’t always as strong against the Rand, in fact it was as recently at October 2012 when the Rand was more valuable. 1 Moroccan Dirham will cost you R1.29 currently.

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  • Global Firepower Rank

    The finalized ranking relies on over 50 factors to determine a given nation's Power Index ("PwrIndx") score. This allows smaller, though more technologically-advanced, nations to compete with larger, lesser-developed ones. Modifiers in the form of bonuses and penalties are added to refine the list. Some things to observe in regards to the finalized ranking:

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  • Girum Ermias and Ruta Mengistab are competing in African Oscars(NAFCA)

    The Nollywood and African Film Critics’ Awards also known by the press as the African Oscars and or the NAFCA was founded in 2011 which is the most prestigious film, honorary and people’s choice awards in Hollywood by an African organization. The 6th NAFCA and The NAFCA Honors 2016 awards will hold on the 17th of September at the historic Alex Theatre of Glendale, California USA.

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  • The Insurance That Everyone Needs

    Life throws many unexpected things at all of us. While we usually can’t stop these things from occurring, we can opt to give our lives a bit of protection. Insurance is meant to give us some measure of protection, at least financially, should a disaster happen.
    Let’s start with the types of insurance that just about everyone needs, regardless of where you live or what your personal condition is:

    1.Health and Disability Insurance:

    Quality health insurance will make sure you’re able to see a doctor when you’re sick, get a routine checkup, purchase prescription medication, or seek medical care in the case of an unexpected illness or an accident. Disability insurance is designed to provide supplemental income in the case that you’re hurt and unable to work for a short or long period of time.Your health is your most important asset—putting aside all of the controversies around it, health insurance makes sure you can preserve it.

    2.Homeowner’s or Renter’s Insurance:

    Whether you own your own home or you’re renting from a landlord, you should have some kind of property insurance that protects your belongings in the event of a fire, burglary, weather event, or some other man-made or natural disaster.If you own your own home, homeowner’s insurance serves the purpose, and protects your property and investment against even more threats. It’s also important to note that homeowner’s or renter’s insurance may not cover water or flooding damage.

    3.Auto Insurance:

    If you don’t drive or don’t own a vehicle, you can skip this one, but if you do, you should absolutely have at least the minimum required auto insurance coverage.

    4.Life Insurance:

    Like health insurance, most people get life insurance through their employer. It’s designed to make the lives of your spouse, children, or parents a little easier in the case of your death. It can at least provide a short-term revenue stream for your loved ones so they have time to get back on their feet after your passing. Most employer-based life insurance policies pay out a percentage of your annual salary in case of your death, and allow you to buy more at a decent rate if you think your family will need it.
    Those four types of insurance are the common types that almost everyone should have. If you’re a working adult out on your own, you should probably have at least considered all of these, if not for your personal protection, but for the protection of people around you or close to you.

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  • Ethiopian Companies should pay a fair salary

    Despite the revision of the Income tax proclamation; the situation of Employees in Ethiopia is far from better. Currently, the salary scale in most of Ethiopian companies is not satisfactory. Employees are not respected enough to get a salary that reflects their contribution, dedication and passion for the Job.

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  • Here’s How To Use WhatsApp Without Internet Connection – No Hack!


    Whatsapp is the most popular Messaging platform that is used by billions of people across the world. Whatsapp has become very popular because of its attractive and striking features like cross-platform messaging service, Online media sharing, Free Messaging service, voice calling etc. Most of the smart phone users like for iPhone, BlackBerry, Android, Windows Phone and Nokia are fascinated towards whatsapp messenger as it provide innovative and amazing features. We spend a lot of time daily on whats app. We may be using mobile data or WiFi for accessing whats app in the smart phone. But all we need is the minimization of data consumption.

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  • Loans and credit facilities Commercial Bank of Ethiopia

    loans can be obtained from a bank,peer-to-peer network, or even from family and friends. In each case, certain information will be required from the applicant in order to apply for the loan. Getting all of your paperwork in order before applying will make the process a little easier.

    Here are some of the credit facilities provided by commercial bank of Ethiopia:

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  • Ethiopian Revenues and Customs Authority and Fana BC Jobs

    Ethiopian Revenues and Customs Authority Jobs click here

    http://www.erca.gov.et/images/Documents/vaccancy/26_7_2016.pdf

     

    EthSwitch PLC

    Payment Systems Graduate Trainee

    Job Location: Addis Ababa

    Category: Computer Science, Electrical Engineering /communication, Computer Engineering, Information Technology, Software Engineering, Management Information System

    Salary: Negotiable

    Job Views: 1349

    Employment Type: Full time

    Posted: 07.12.2016

    Deadline: 07.23.2016

    For more: https://mjobs.net/display-job/528558/Payment-Systems-Graduate-Trainee.html?searchId=1468587203.0809&page=1

    Junior Personnel Officer

    Job Location: Addis Ababa

    Category: Accounting & Finance

    Salary: Br3169 Per Month

    Employment Type: Full time

    Posted: 07.13.2016

    Deadline: 07.20.2016

    ·0 Years

    For more: https://mjobs.net/display-job/529285/Junior-Personnel-Officer.html?searchId=1468587086.6611&page=1

    freshers may apply for this job; Programmers (12)

    Posted by: iCog Labs

    Location: Addis Ababa, Ethiopia

    Category/Specialization: Engineering, Fresh Graduate-Entry Level, Information Technology

    Posted: 07.13.2016

    Closing Date: 08.15.2016

    Fore more: http://www.employethiopia.com/display-job/10661/freshers-may-apply-for-this-job;-Programmers-(12).html

    Marketing & Sales Representative

    Posted by: Tecno Mobile Ethiopia

    Location: D/Markos and Nekemte, AMH, Ethiopia

    Category/Specialization: Marketing-Sales

    Salary: Negotiable and Attractive per month

    Employment Type: Full time

    Posted: 07.07.2016

    Closing Date: 07.23.2016

    For More: http://www.employethiopia.com/display-job/2686/Marketing-&-Sales-Representative.html

    Promotion and Information Service Head

    Posted by: Ethiopian Horticulture Producer Exporters Association (EHPEA)

    Location: Addis Ababa

    Category/Specialization: Marketing-Sales, Media- Journalism

     Posted: 07.13.2016

    Closing Date: 07.23.2016

    For More:  http://www.employethiopia.com/display-job/10672/Promotion-and-Information-Service-Head.html

    Public Health Specialist-TB/HIV

    Posted by: American Embassy

    Location: Addis Ababa, Ethiopia

    Category/Specialization: Health Care

    Posted: 07.13.2016

    Closing Date: 07.22.2016

    For More: http://www.employethiopia.com/display-job/10666/Public-Health-Specialist-TB-HIV.html

     

     

     

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  • Here are Top Five Least Educated African Presidents

    1. Jacob Zuma- Republic of South Africa

    Zuma received no formal schooling. The debate surrounding South African president Jacob Zuma’s lack of formal education has been a hot discussion topic for years.Prince Mashele, CEO of the Forum for Public Dialogue, has been critical of Zuma’s lack of formal education and argued that Zuma is not fit to rule.

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  • The story of how Colonel Mengistu Hailemariam took command from General Teferi Benti

    Tafari Benti was born near Addis Ababa. He joined the Ethiopian army at the age of 20, graduated from the Holetta Military Academy, and served in the Second, Third and Fourth Divisions. In 1967, he served as a military attaché in Washington, D. C., where he and several other Ethiopian colleagues suffered from racial discrimination.

    On the evening of 23 November 1974, the charismatic Lt. General Aman Mikael Andom, the president of Ethiopia, and who had been in a struggle for power with the other members of the Derg, was killed in a shootout at his home. Mengistu Haile Mariam served as interim president until the Derg appointed Tafari Benti to the position. He had been serving as brigadier general in the Fourth Division, which was stationed in Asmara, at the time of this appointment.

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