Media Release: 2023 NBS Bank Charity Shield Revenue Report

The Football Association of Malawi (FAM) would like to report that the NBS Bank Charity Shield match involving FCB Nyasa Big Bullets and Mighty Mukuru Wanderers on Sunday 9th April 2023 at Bingu National Stadium was a success.

The match was aimed at raising funds to support victims of the tropical cyclone Freddy.

Through the 2023 NBS Bank Charity Shield, FAM managed to raise MK20.351 million in net revenue which is almost double the MK10.343 million which was raised last year and the highest since the Charity Shield was introduced in 2016.

In addition to the MK20.351 million from the NBS Bank Charity Shield, FAM will also channel MK10,148,160 from the revenue realized from the AFCON qualifier match between Malawi and Egypt for the cause in response to the public appeal made by the State President, His Excellency Dr. Lazarus McCarthy Chakwera on 13th March 2023.

The table below provides a summarized overview of the total revenues and expenses for the match.

There were some incidences that were reported that lead to revenue leakage. The Malawi Police Services (MPS) apprehended 15 suspects who are currently being interrogated. We hope that the law will take its course and MPS will keep updating us accordingly.

FAM, in collaboration with its technical implementing partner Red Cross Malawi, is now embarking on necessary logistics and processes for the identification and procurement of the required items. Part of our support will also extend to football stakeholders who were affected by Cyclone Freddy and football legends who are struggling. We will in due course advise specific targeted areas to benefit from the donation.

In addition to the funds, the NBS Bank Charity Shield has also helped to raise awareness of the devastating effects of Cyclone Freddy and that more needs to be done to ensure that the victims are adequately supported.

Cyclone Freddy Situation Overview

  1. Over 511 people have died. And this figure may surpass 1,000 because 533 people are still missing.
  2. Over 564,000 are displaced and are living in camps (577 camps) and 1,724 people are injured.
  3. Apart from people’s homes public infrastructure such as roads, bridges, schools and hospitals have been badly damaged and will require huge sums of money to repair and rebuild.
  4. Livestock and crops have not been spared; 285,500 livestock have been affected including 194,000 dead. The floods also damaged over 200,000 hectares of crops out of which nearly 120,000 hectares were washed away.

The sad part is that this devastation is coming at a time when levels of food insecurity is high and food prices are increasing every day. We believe that the NBS Bank Charity Shield donation will go a long way to mitigate the sufferings of the victims.

The Charity Shield is FAM’s flagship Corporate Social Responsibility program. It aims to engage and mobilise football stakeholders and the public towards a charitable cause of national significance. Since its inauguration in 2016, the Charity Shield has touched and impacted many lives.

  1. 2016 – Malawi Blood Transfusion Services
  2. 2017 – Various medical equipment donated to Kamuzu Central Hospital
  3. 2018 – Braille embosser donated to Ekwendeni School for the visually impaired and various physiotherapy and medical equipment donated to Kachere Rehabilitation Centre
  4. 2019 – People with albinism. Under the theme, One Love – Stop the Killings, the FAM Charity Shield advocated against all barbaric acts targeting people with albinism which reached crisis levels. A rescue vehicle and donated to the Association of People with Albinism in Malawi. We are glad that football helped to bring awareness to end such barbaric acts.
  5. Last year the NBS Bank Charity Shield supported victims of Cyclone Idai in the lower districts of Chikhwawa and Nsanje. Over 186 households, comprising 4,930 people were assisted with foodstuffs and survival kits bought from Charity Shield proceeds.

Vote of Thanks

FAM would like to thank NBS Bank most sincerely for sponsoring the Charity Shield for the second year running. The two participating teams, FCB Nyasa Big Bullets and Mighty Mukuru Wanderers deserve special recognition. We salute the football fans who contributed to the cause by buying match day tickets. Bingu National Stadium Management and all service providers who made this year’s NBS Bank Charity Shield a successful and memorable event.

Congratulations to FCB Nyasa Big Bullets, for emerging as The Champions Who Care!



Share on facebook
Share on whatsapp
Share on email
Share on pinterest
Share on google
Share on twitter
Share on linkedin

Leave a Reply

Recommended Stories