February 21, 2020
Chancy Namadzunda - Nyasa Times 11 Comments
FDH Bank has unveiled the K165 million intercity Mayor’s trophy which will be participated by the youth and primary schools youth.
Putting pen to paper for the new partnershipLilongwe City Vice Mayor Counsit Richard Banda receiving a dammy cheque from FDH Bank MD Dr NgalandeAll is done
In 2018, the bank invested K10 Mill kwacha in Blantyre Mayor’s trophy, K10 million in Lilongwe, K5 million in Mzuzu and K6 million in Zomba.
Speaking during the launch in Lilongwe on Thursday, FDH Bank Managing Director Dr Ellias Ngalande said the investment is as aimed at facilitating growth and cementing a belief in the potential of the youth in Malawi.
‘We want to create opportunities and platforms for the youth in prolimati schools to showcase and grow their talent as well as to nurture health and strong youth and Future Leaders who will also be future FDH Bank customers,” he said.
He added that as a bank, they believe in partnerships and collaboration hence working with the city councils, ministry of education, ministry of local government and ministry of information among other stakeholders.
Dr Ngalande said as a commitment to sponsor primary school youth sports development, the have raised the game with a new concept that will the contracts running for three years.
Ministry of sports, youth and culture Principal Secretary Chancy Simwaka said sponsoring the Mayor’s trophy and the intercity Mayor’s trophy in the three cities will catalyse talent identification and development in sports.
“I urge athlets, sports officials and supporters to embrace this sponsorship so that the goal for the sponsorship is achieved,” he said.
Lilongwe City Vice Mayor Councillor Richard Banda said the trophy is important because it has provided the urban athlets with mass participation and diversification in sports.
The trophy will see Lilongwe and Blantyre getting K15 million annually each, Mzuzu and Zomba will have K10 million annualy each.
The winners in all the four cities will compete at national level during the intercity trophy using a knock out format in netball and football.
The intercity trophy, the first of it’s King in the country will have K20 million.
bolaso kudya za bushiri. inu ndi worse, dirty money made from corruption.
Mtonga Mwana
4 years ago
Trying to become relevant again. simunati kkkkkkkkk.
Wawo
4 years ago
Way to go. This used to be so much fun in my day
Mkupamame
4 years ago
The money they wanted to bribe good Judges.. trying to clean the public image. In am angry now. Pamu sundu pinu wamutukuwinja,vikhungu imwe.Vindere vakunwa mavi Palibwe.
Sahara
4 years ago
Dirty money even though it’s stolen from taxpayers. A fraudulent bank. A money laundering bank. This bank just needs to go away!!
Chief
4 years ago
Only 5 million for Mzuzu why?
Jijo
4 years ago
We can not support a bank that is heavily involved in financing bribery,nepotism, govt institutions inefficiency and Illpolitics. Rubbish bank.
Mpweya zii
4 years ago
Hahaha this is now ridiculous..stop !!!!the damage has been done. you can do all this PR but mmmm …. The only way to salvage the situation is when the boss is found innocent or guilty.. izizi nde mmmm zitayeni
Yes. The same ‘bank’ that ‘gave’ Walter Nyamilandu K60m to plug the holes in the Football Association of Malawi Accounts. it didn’t work. Nyamilandu is susppected by BANKRUPT FIFA of theft (along with 50+ African FA ‘presidents’.
The Audits by AMG Global of FAM won’t save Nyamilandu. This is why Nyamilandu can’t leave FAM. ALL professuonals serving FAM and FIFA are implicated.
It never made sense giving TAX CASH to FIFA and Nyamilandu. How FDH got away was criminal
bolaso kudya za bushiri. inu ndi worse, dirty money made from corruption.
Trying to become relevant again. simunati kkkkkkkkk.
Way to go. This used to be so much fun in my day
The money they wanted to bribe good Judges.. trying to clean the public image. In am angry now. Pamu sundu pinu wamutukuwinja,vikhungu imwe.Vindere vakunwa mavi Palibwe.
Dirty money even though it’s stolen from taxpayers. A fraudulent bank. A money laundering bank. This bank just needs to go away!!
Only 5 million for Mzuzu why?
We can not support a bank that is heavily involved in financing bribery,nepotism, govt institutions inefficiency and Illpolitics. Rubbish bank.
Hahaha this is now ridiculous..stop !!!!the damage has been done. you can do all this PR but mmmm …. The only way to salvage the situation is when the boss is found innocent or guilty.. izizi nde mmmm zitayeni
I thought this is the same bank. Caught in criminal activities.
KKKKKK Yes,trying to fool Malawians with dirty tricks money.
Yes. The same ‘bank’ that ‘gave’ Walter Nyamilandu K60m to plug the holes in the Football Association of Malawi Accounts. it didn’t work. Nyamilandu is susppected by BANKRUPT FIFA of theft (along with 50+ African FA ‘presidents’.
The Audits by AMG Global of FAM won’t save Nyamilandu. This is why Nyamilandu can’t leave FAM. ALL professuonals serving FAM and FIFA are implicated.
It never made sense giving TAX CASH to FIFA and Nyamilandu. How FDH got away was criminal