Loss of sponsors hits BFA finances

Presenting financials: Motlogelwa. PIC: KAGISO ONKATSWITSE
Presenting financials: Motlogelwa. PIC: KAGISO ONKATSWITSE

The Botswana Football Association (BFA) closed their financial year P5.1 million in the red following the loss of sponsorship deals from Orange Botswana and BancABC, vice president finance, Marshlow Motlogelwa told the association’s general assembly over the weekend.

“We didn’t do well this year compared to last year. We are P5.1 million in the red due to loss of sponsorships from Orange and BancABC,” Motlogelwa said.

In 2016, BFA’s income was P21.9 million compared to last year’s P27.2 million. The expenditure for this year was P32.5 million compared to P26 million last year.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

Have a Story? Send Us a tip
arrow up