MTC announces record breaking sponsorships to Sport codes

MTC announces record breaking sponsorships to Sport codes

MTC announced a record sponsorship totaling more than 67 million dollars to some sport codes and non-sporting events in Windhoek on Tuesday.
Of that 54,6 million dollars will go towards 7 sport codes for a period of three-year.
The different sports codes to benefit from the sponsorship cake are Football, Horse Racing, Boxing, Rugby, Hockey, Netball as well the Annual Regional Youth games.
In her keynote speech at the occasion the minister of Sport, Youth and National Service Agnes Tjongarero urged the beneficiaries and the Namibian Sports Commission to make sure the funds are to use for the intended purpose.
“MTC your above N$ 33 million sponsorship is a remarkable gesture that will go a long way. Allow me at this juncture to call upon the Namibia Sport Commission to ensure that the recipients are held reliable for the funds” Tjongarero said.
Asked on how MTC will regulate the allocated funds to each sport code - human capital chief & corporate affairs officer Tim Ekandjo said there are conditions attached to each contract to monitor each sponsorship agreement.
“We have a very good team that will manage all the contracts. We will get in the details of the contracts . We will stipulate what are the do’s and don’ts” Ekandjo said.
Of the sport code sponsorship Football received the biggest windfall of N$13,5 million dollars which will include the Dr.Hage Geingob Cup, NFA Cup and the MTC Hopsol youth league.
“The Namibia Football Association will continue to be a brand partner of MTC to make sure that whatever is invested in the development of Football will be put to good use” Ranga Haikali.
The giant telecommunication company also reach out beyond sport by dishing sponsorship to MTC fashion week to the tuned of N$3,6 million dollars and the 081 every1 music festival with 9,6 million dollars for a period of three years.