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K62 million for National Bank of Malawi Mo626 college basketball

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By Mabvuto Kambuwe:

National Bank of Malawi (NBM) has more than doubled this year’s Mo626 College Basketball sponsorship to K62 million from K30 million last year.

This was announced during the launch of the 2018/19 tournament at Lilongwe University of Agriculture and Natural Resources-Bunda Campus in Lilongwe on Saturday.

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NBM General Manager, Harold Jiya, said the bank was happy with the conduct of students in last year’s competition, hence the increment.

Jiya also expressed satisfaction with the organisation of the inaugural event whose launch took place at Blantyre Youth Centre about a year ago.

“We want to be part and parcel of national development by promoting basketball. We want to help in the grooming of the country’s future citizens. We believe that when students engage in sports, they become proactive and this helps them to become good economic agents. Ultimately, they will be good customers for our bank,” he said.

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Jiya said, as the bank’s Mo626 mobile banking platform clocks 10 years, the bank considers the tournament as one of the best initiatives to promote it.

“We are back in a bigger way because we know that students are digital natives. This is also a chance for them to showcase their skills through basketball,’’ he added.

Basketball Association of Malawi President, Hamlet Kantengeni, hailed the bank for increasing the sponsorship.

Kamtengeni said the hike is an indication of the trust and confidence the bank has in the association.

“The bank has done something special to us. Since it started sponsoring the competition last year, we have observed that college teams are playing good basketball. This is enough testimony that the sponsorship has made a great impact on the game,” he said.

At least 32 teams are expected to compete in this year’s tournament, which will run for five months.

MCA won the inaugural event in the men’s category whereas ABC Ladies emerged champions in the women’s category.

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