Swazibank has extended and expanded its sponsorship of the Swazi Cup, the premier knockout soccer tournament in Swaziland.
Starting in 2012 Swazibank will increase its funding of the cup to US$745,000 over a three-year period. Under terms of the deal the knockout tournament will officially be known as the Swazibank Cup.
“I am happy to report that the Swazibank board of directors, mindful of the national pressure, have indeed directed management to continue with the sponsorship. The sponsorship has been increased to E4.950 million [US$745,000] over the three years, starting from 2012. This is an increase of E450,000 [US$68,000] from the previous three-year sponsorship,” said Swazibank managing director, Stanley Matsebula.
3 years 248000 745000 Swazibank – Swazi Cup