Steely RMI, Century Mall Donate 26.2m Br

Apr 17 , 2020

Century Mall, Steely RMI and its subsidiaries have given 26.2 million Br in cash and in-kind donations to take part in the nation's initiative to ward off the potential spread of the Novel Coronavirus (COVID-19). The companies donated 150tn of wheat flour worth 3.3 million Br for the city administrations of Addis Abeba and Bishoftu. The management and employees of the companies have also donated half a million Birr in cash. They made 200,000 Br and one million Birr cash donations to the Ethiopian Customs Commission and the national task force that was formed to mobilise financial and non-financial aid for emergency preparedness against COVID-19, respectively. Century Mall also cut the rental fees by half for 226 business that rent spaces inside the mall for three months. By reducing the rental cost by half, the company loses a total of 16.2 million Br. It also committed a four-storey building that has 52 rooms and could generate 5.5 million Br a year in rental fees to serve as a quarantine centre.



A street lamp around Addis Abeba Stadium melds into the concrete backdrop emblematic of the capital's ageing infrastructure. Over the past few years, Ethiopia's electric grid has been subject to destruction and theft, subjecting the public treasury to hundreds of millions in losses. Nearly half of the country's population does not have access to electricity. A series of projects by the World Bank has contributed to the slight but essential upgrade to the nation's grid, including a 500 million do...



A trio of donkeys drag along the main road in front of Menlik School around the Arat Kilo area. While the four-legged domestic animal is a venerated member of the Ethiopian labour force, its skin and meat are increasingly valued in the international markets. Rhong Chang, a donkey slaughterhouse operating in Assela Town, Oromia Regional State reopened its services after a seven-year break two years ago. Public outroar has often accompanied the entrance of donkey abattoirs into Ethiopia since anot...



A bustling market emerges under a bridge in the boroughs of the Bole Michael area. Addis Abeba City Administration has launched a series of aesthetic initiatives embalmed in themes of beautification and urbanisation that have removed thousands of shops built with makeshift tents. Above a quarter of Addis Abeba's labour force is engaged in the informal economy, which while often associated with connotations of illegality, remains a sizeable employer in emerging economies across the world. Calibra...