Boxing falls on hard times

The move will see local boxers miss out on the richest boxing tournament in the continent with a total of $100,000 (approximately P1.3 million) prize money at stake.

The tournament will be staged in Yaounde, Cameroon from July 25 until August 6. Gold medalists bank $20,000 (approximately P262, 000), silver medallists take home $10,000 (approximately P131, 000) and $5,000 (approximately P65, 000) for each of the two bronze medallists.