The Zambia Daily Mail (02/10/2008) reports that National Milling Corporation has spent K400 million in the Esther Phiri fight ...
NATIONAL Million Corporation (NMC) has poured K400 million into this Saturday’s Global Boxing Union (GBU) lightweight title fight between Esther Phiri and Hondi Hernandez of United States of America becoming the main sponsors. NMC managing director, Peter Cottan said in Lusaka yesterday that his company decided to meet the shortfall as a way of putting logistics in place for the fight. The budget for the fight to be held at Lusaka’s Woodlands Stadium is K800 million. Fairview Hotel, HK production, Holiday Inn, Lusaka Hotel, Mad Max Auto Spares, Nasla Chemicals, and Pre Cem Motel are the other companies that have come on board to sponsor the fight.
I hope that NMC pays it workers very well to have an extra K400M to spend on boxing. I guess it is a question of priorities. GRZ pumps billions of Kwachas to support the National soccer team while there are some other more pressing needs. BUT millions of Zambians derive a lot of pleasure watching the national soccer team. Difficult choices...
The PANEL
Thursday 2 October 2008
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