Mo626 College Basketball starts off with a bang
There was pomp and glamour over the weekend when National Bank of Malawi (Plc) launched the fourth edition of Mo626 College Basketball with prizes upped for both male and female categories.
Prize money for the winners, runners-up and third-placed teams have gone up to K5 million, K3 million and K2 million respectively, from the initial K2.5 million, K1.5 million and K750,000.
This follows NBM's renewed commitment to the sport as it unveiled a K450 million three-year sponsorship package for the competition from the previous K63 million last year.
Out of the K150 million annual sponsorship package, K50 million has been allocated to court facelifts at selected participating colleges, with the University of Malawi and Lilongwe University of Agriculture and Natural Resources (LUANAR) benefitting this year.