HomeNationalStandard Bank Withdraws Sponsorship from Division One Leagues in Malawi

Standard Bank Withdraws Sponsorship from Division One Leagues in Malawi

PUBLISHED BY

In a turn of events for Malawi football, Standard Bank has withdrawn its K46.1 million sponsorship from the Division One leagues in the country’s three regions, barely a year after signing a three-year deal with Football Association of Malawi (FAM).

Despite the setback, FAM has stepped in to sponsor the leagues through newly-introduced K75 million special grant subventions to the regional associations, which will now be renamed Mpira TV Regional Division One Leagues.

FAM general secretary Alfred Gunda has thanked Standard Bank for their initial sponsorship and left the door open for future partnerships.

“We treasure the good times and support the bank gave community football and would like to thank Standard Bank for making a bold decision to become the first ever sponsor of the Division One leagues nationwide. Considering that the reasons given are not football related, we have huge hope that they will return very soon and our door remains open for future partnerships,” he said.

Though the announcement was a blow to the regional associations, FAM has managed to intervene to ensure there is no gap in the regional competitions.

Raphael Humba, chairperson of the Southern Region Football Association and Lameck Khonje, chairperson of the Northern Region Football Association have both thanked FAM for its intervention, while Khonje stated that the impact of the sponsorship withdrawal would not be felt as a result of FAM’s intervention.

Humba however said the association has not yet received an official communication from FAM on the development.

Sosten Mpinganjira
Sosten Mpinganjirahttps://nthandatimes.com
Sosten Mpinganjira is a news reporter with a track record of delivering timely and accurate news stories. With vast experience working with renowned news electronic, press, and online outlets, he has honed his reporting skills and has a deep understanding of the media landscape. When he's not chasing stories, John enjoys exploring new destinations and staying updated on the latest technological advancements. He has a knack for delivering breaking news with accuracy and insight. He is dedicated to keeping his readers informed about current events and trends that shape our world.

Enter your comment

RELATED ARTICLES

World Bank pledges more support to Malawi

World Bank, Program Leader for Human Development in East Africa, Aneesa Arur, on Monday reaffirmed the Bank’s commitment to continue supporting Malawi Government to achieve its development goals.

MOKO bails out needy secondary school students

Mafana Ochepekedwa Koma Olimbikila (MOKO), an initiative championed by a renowned Influencer, entrepreneur, and author Kelvin Sulugwe, has managed to raise over MK1 million through social media adverts meant for paying school fees for needy secondary school students in the country.

Titukulane Project trains Community Animal Health Workers

Titukulane Project, a consortium of five Non-Governmental Organizations (NGOs) has trained 75 Community Animal Health Workers (CAHWs) from Mangochi and Zomba districts.

Pictorial Focus; Going cassava way

At the expense of erratic rainfalls and change in weather witnessed by the recent farming season and the seasons before, people are now thinking of crop diversification.

Latest Posts

popular posts

Mchinji’s agriculture committee emphasises on collaboration

Mchinji District Agriculture Extension Coordination Committee (DAECC) has stressed the need for strong relationships and collaboration among stakeholders to sustain agriculture initiatives being implemented in the district.

Woman drags Nankhumwa to court over child maintenance issues

A little known woman, Letina Kamwamba, has dragged Leader of Opposition and Democratic Progressive Party (DPP) presidential aspirant, Kondwani Nankhumwa, to court over child maintenance issues.

2024 Aviator Strategy and Tips to Win (TESTED AND VERIFIED)

With the recent surge of users on Premierbet Malawi Aviator; we keep seeing many Facebook and Twitter posts about whether there’s a strategy of some sort for the Aviator game. We haven’t seen any definite answers to this which pushed us to answer this, using a program that compiles the results and gives you an idea of different strategies and numbers to try on Aviator.

MCP publicist Reverend Maurice Munthali resigns

Publicity Secretary for the Malawi Congress Party (MCP) Reverend Maurice Munthali has resigned from his position, citing the prevailing governance atmosphere marred by persistent corruption allegations and related scandals as reasons for his resignation.

MK17.28bn Mzuzu Civic Office Complex construction at 45%

Plem Construction Limited (PCL) has disclosed that progress of the construction of the first ever Mzuzu Civic Office Complex is at 45 percent.
Nthanda Times

Discover more from Nthanda Times

Subscribe now to keep reading and get access to the full archive.

Continue reading