NBS Bank plc has renewed partnership with the Football Association of Malawi (FAM) on bankrolling the Charity Shield by increasing the sponsorship package from K15 million to K20 million.
The Shield will see TNM Super League Champions FCB Nyasa Bullets and Airtel Top 8 winners Mighty Mukuru Wanderers facing off next Sunday at the Bingu National Stadium in Lilongwe.
During the relaunch ceremony at Mpira Village in Blantyre on Friday, the bank’s chief executive officer Kwanele Ngwenya said it feels good to be back after the success of their inaugural partnership last year.
All funds raised from the Shield will be used to help survivors of Tropical Cyclone Freddy in the Southern Region. Last year’s revenue was channeled towards helping survivors of Cyclone Ana in the Lower Shire.
Said Ngwenya: “It feels good to be back and renew our commitment to the welfare of our fellow Malawians through the game of football.
“NBS Bank realises that it is important for a corporate citizen to use the opportunity of assisting those that were affected by Cyclone Freddy this year.
“It is with this in mind that we look forward to the match between the giants as the competition will result in proceeds being used for a greater good.”
He also commended FAM for ensuring that the Charity Shield continues to take place every year, as an extension of corporate social responsibility and contribution to the nation.
FAM president Walter Nyamilandu expressed gratitude to the bank for enhancing the package, which will see K16 million being given to the teams for operational costs.
“The Charity Shield underscores our strong belief that football is a force for good and NBS Bank’s continued support significantly helps this charity cause,” he said.
Bullets chief administration officer Albert Chigoga and Wanderers representative Kingsley Matekesa said they were happy that NBS has increased package.
“We, therefore, urge Malawians and all supporters to come to Bingu Stadium in their large numbers to help raise enough funds for the survivors,” Chigoga said.
At least 676 people died due to Cyclone Freddy while 537 people are still missing and 659 278 have been displaced and are living in camps. At least 1 724 people were injured.