Continental Holdings Limited contributes K60 million to Cyclone Freddy relief efforts

Continental Holdings Limited and its subsidiaries CDH Investment Bank, Continental Asset Management, Continental Capital and Continental Properties have donated K60 million to the Red Cross Society of Malawi for relief efforts to victims of Cyclone Freddy.

Speaking in Blantyre at a symbolic presentation function, Mr. Kingsley Zulu, the Group Financial Controller of Continental Holdings Limited said during difficult times like these, it is very important to join hands with the Government of Malawi and the entire nation to lend a helping hand to those who have been negatively impacted by the cyclone.

“Cyclone Freddy has left a huge disaster in its wake. A lot of infrastructure, especially people’s houses, roads and bridges have been destroyed, livelihoods shattered and so many people have lost their lives and a lot more have been rendered destitute, stated Zulu, adding: “The extent of this devastation cannot be left to Government alone to deal with. It is commendable to see how many people have pulled together to assist those in need and we are proud that our staff have also mobilized support to aid those affected by the cyclone in their personal capacities under various organizations, or religious groups. “

Receiving the donation, Mr McBain Kanongodza, Secretary General (CEO) of the Red Cross Society of Malawi, hailed Continental Holdings for their gesture in supporting victims of the devastating Cyclone.