Malawi Queens land K600m sponsorship from Rach Family Trust

Barely a month after the end of their three-year marriage with Airtel, Malawi national netball team, the Queens have landed a lucrative five-year sponsorship deal fromthe Rach Family Trust, a Malawian registered trust owned by the family of Ravi Rach, a U.K based Malawian of Indian origin.

The sponsorship package was unveiled Friday afternoon at Bingu International Conference Centre (BICC) in Lilongwe, where the Trust also donated K5 million to Netball Association of Malawi (Nam) for its administrative purposes.

The K5 million donation is outside the new sponsorship contract, which will also go with other benefits not covered by the K600m.

Speaking after unveiling the package, chairman of Rach Family Trust Ravi Rach said they decided to sponsor the Queens after being impressed with the teams performance in international competitions, which include finishing third at the recent Fast 5 World Netball Series in Australia.

“The Queens have been successful in international competions and we saw an opportunity to invest in the team so that it achieves the number one status in the world.

“We hope the team will be able to achieve the number one status through this sponsorship, which will enable them prepare thoroughly for international tournaments in including the 2018 World Cup to be hosted by Australia,” said Rach.

Outlining some of the details of the sponsorship package, the Trust’s legal advisor Chipiliro Mpinganjira described the K600m amount a minimum package.

“What is being signed on paper is the K600m amount, which will carter for equipment, kits, training and participation in international competions.

“However, there were other proposals by Nam like construction of a modern netball court, introduction of a national netball competions and exposure of netball players to foreign agents and teams, which have already got approval from the Trust.

“These will be implemented outside the sponsorship package,” said Mpinganjira.

Nam President Rose Chinunda and director of sports in the Ministry of Labour, Youth, Sports and Manpower Development Jameson Ndalama were all thanks to Rich Family Trust for the timely intervention.

“This is a very welcome development and we are greatly overjoyed. Surely netball standards will improve with this sponsorship package, which is covering a number of areas.

“We are so thankful to the Rach Family for this good gesture,” said Chinunda.

Ndalama pledged government’s support to the partnership between Nam and Rach Family Trust to ensure the sponsorship bears more fruits.

Follow and Subscribe Nyasa TV :

Sharing is caring!