By using this site, you agree to the Privacy Policy.
Accept
The Times GroupThe Times Group
  • Home
  • National
    National
    Get the latest National News from your trusted source.
    Show More
    Top News
    Funding gaps threaten education
    November 6, 2024
    Salima water project needs K490 billion
    November 14, 2024
    Lazarus Chakwera tells Neef to accelerate farm loans
    November 21, 2024
    Latest News
    Japan hails Malawi volunteer partnership
    November 12, 2026
    Malawi launches Population Awareness Month
    November 12, 2026
    Unmet promises
    November 12, 2026
    Malawi awaits IMF Board date on ECF
    November 12, 2026
  • Business
    Business
    Breaking news and analysis on business and the economy, including the latest news in technology, stock markets, media and finance.
    Show More
    Top News
    Reserve Bank of Malawi limits interest on bad loans
    November 18, 2024
    Maize prices up 4% in October—Report
    November 29, 2024
    Monetary policy stance yielding mixed results
    December 11, 2024
    Latest News
    MSE targets mining firms’ market entry
    November 12, 2026
    Honey industry faces setbacks
    November 12, 2026
    EU offers Malawi duty-free market for critical minerals
    November 12, 2026
    Cassava, potato value chains face challenges
    November 11, 2026
  • Entertainment
    Entertainment
    Your source for entertainment news, celebrities, celeb news, and celebrity gossip. Check out the hottest fashion, photos, movies and TV shows!
    Show More
    Top News
    Festivals’ fever
    August 20, 2026
    Fuel shortage threatens creative sector’s rhythm
    October 7, 2026
    Cosoma collects K2.8 billion in licencing activities
    June 23, 2023
    Latest News
    Jack Mapanje’s last verse rises from ‘Rare Earths’
    November 12, 2026
    Casino leads Maso chorus
    November 11, 2026
    Malawi, India bond in song of freedom
    November 10, 2026
    First Couple mourns Jack Mapanje
    November 6, 2026
  • Sports
    Sports
    Keeping you up to date on the latest sports news from Malawi and around the World. With live scores, fixtures from world of Football, Netball,…
    Show More
    Top News
    Temwa Chawinga equals US all-time goal scoring record
    September 9, 2024
    FCB Nyasa Big Bullets ‘give up’ on Caf appeal
    September 19, 2024
    Silver Strikers set up Nomads Airtel Top 8 semis clash
    September 30, 2024
    Latest News
    Flames step up preparations ahead of Egypt clash
    November 12, 2026
    Fam commits K5 million to Swam
    November 12, 2026
    FA Cup in the offing
    November 12, 2026
    Coach Kalisto Pasuwa faces goalkeeper dilemma
    November 11, 2026
  • fyi
Search
More Categories
  • World
  • Features
  • Leisure
  • Social and Human interest
  • Digital & Technology
  • Advertise
  • About Us
  • Privacy Policy
  • Contact Us
© Copyright 2026, The Times Group. All Rights Reserved.
Reading: Mafco, Costa Sol agree K7 million Richard Mbulu loan fee
Share
Sign In
0

No products in the cart.

Notification Show More
Latest News
Japan hails Malawi volunteer partnership
National
Malawi launches Population Awareness Month
National
MSE targets mining firms’ market entry
Business
Flames step up preparations ahead of Egypt clash
Sports
Fam commits K5 million to Swam
Sports
Aa
The Times GroupThe Times Group
0
Aa
Search
  • Home
  • National
  • Business
  • Sports
  • Entertainment
  • Features
  • World
  • Digital & Technology
  • Leisure
  • Social and Human interest
  • Times Radio
  • Read e-Paper
  • Exclusive Content
  • Dzuka Publishing Company Limited
Have an existing account? Sign In
Follow US
  • Advertise
  • About Us
  • Privacy Policy
  • Contact Us
© Copyright 2026, Times Group Media. All Rights Reserved.
The Times Group > Blog > Sports > Mafco, Costa Sol agree K7 million Richard Mbulu loan fee
Sports

Mafco, Costa Sol agree K7 million Richard Mbulu loan fee

Mabvuto Kambuwe
Last updated: 2024/04/04 at 8:38 AM
Mabvuto Kambuwe
Share
2 Min Read
SETTLED IN MOZAMBIQUE— Mbulu (left)
SHARE

Malawi Armed Forces College (Mafco) and Mozambican side Costa do Sol have settled for $4,000 (about K7 million) as loan fee for on-and-off Flames striker Richard Mbulu.

Last month, the Salima-based club threatened to recall Mbulu from Mozambique for extending his contract with Costal without their blessings.

Then, Mafco wrote Football Association of Malawi (Fam) seeking its intervention on the matter.

Following Fam’s intervention, the two clubs have reached an agreement on the loan fee.

- Advertisement -
Ad image

Mafco Chairperson Cedrick Chisale said discussions have been finalised with Costal.

- Advertisement -

“We want to thank Fam for intervening in the best interest of the player. Costa do Sol have promised to pay the loan fee by the end of this month so that he can start playing for them,” Chisale said.

Mbulu returned to Mozambique last year, when he signed a one-year loan contract with Costa.

After the expiry of the deal, the former Baroka FC striker extended his contract.

Chisale said, after discussions between the two clubs, Mbulu has penned a one-year contract with the option to extend it.

- Advertisement -

Mbulu was an influential player for Costa in the Mocambola League alongside Yamikani Chester, Lloyd Njaliwa and Chikoti Chirwa.

He scored seven goals in the Mocambola League last season, five goals behind the top goal scorer.

Fam Compliance Manager Casper Jangale asked for more time before he could comment on the matter.

Sports analyst Sherry Msuku hailed Mafco and Costa for handling the matter professionally.

“This is good news for the player. I am happy that the clubs acted quickly to settle the matter,” he said.

Mbulu, who is a Malawi Defence Force soldier, played for South African side Baroka before returning to Mozambique. The 29-year-old player failed to join Iraqi top flight side Al Najf in 2022.

You Might Also Like

Flames step up preparations ahead of Egypt clash

Fam commits K5 million to Swam

FA Cup in the offing

Coach Kalisto Pasuwa faces goalkeeper dilemma

Malawi eye improved results at Caf tourney

TAGGED: Costa Sol agree, Mafco, Richard Mbulu

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Mabvuto Kambuwe April 4, 2024
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article Debate rages on Kaunjika tax
Next Article Another Sulom exco gap
Leave a comment Leave a comment

Click here to cancel reply.

Please Login to Comment.

Stay Connected

554.5k Followers Like
120.8k Followers Follow
5.5k Followers Follow
28.6k Subscribers Subscribe

Latest News

Japan hails Malawi volunteer partnership
National November 12, 2026
Malawi launches Population Awareness Month
National November 12, 2026
MSE targets mining firms’ market entry
Business November 12, 2026
Flames step up preparations ahead of Egypt clash
Sports November 12, 2026
//

The Times Group is a multi-award winning media group and the only 360 media house in Malawi.

About Us

  • Company Profile
  • Rate Cards
  • Vacancies
  • Privacy Policy
  • Contact Us

Quick Links

  • e-Edition
  • Times Radio
  • Subscribe for Exclusive Content
  • Submit a Story
The Times GroupThe Times Group
Follow US

© Copyright 2026, The Times Group. All Rights Reserved.

  • Advertise
  • About Us
  • Privacy Policy
  • Contact Us

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?