Rollers, Stanbic renew ties with P4.5m deal
Tuesday, December 06, 2022 | 550 Views |
Stanbic Bank has been Rollers' premier sponsor since 2016 when the two entities got into a P3.6 million contract. The deal was renewed in 2020 with an increase to P4.5 million for another three years.
Speaking at a launch held this (Tuesday) morning, Stanbic Bank Botswana CEO, Chose Modise said the new partnership is evidence that the commercial bank has committed to the development of sport in the country.
The fees have been doubled from the previous amounts and raise concerns about political participation accessibility and democratic representation principles.This significant fee increase prompts questions regarding its impact on grassroots democracy.On one hand, the fees act as a filter, ensuring only serious contenders enter the race, potentially reducing frivolous candidacies and generating crucial campaign funds. The BDP argues that aspiring...