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.


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