Intergrity : Professionalism : Compassion : Teamwork : Innovation
Sunday, August 20, 2017, 1:12 pm

His Majesty launches MVA's Ingwenyama Cup

The Sincephetelo Motor Vehicle Accidents Fund's (SMVAF) values describe innovation as being creative, continuous improvement, advancement and modernisation.

On 11 November 2015 at the Lozitha Royal Palace, His Majesty King Mswati III launched the Ingwenyama Cup, an innovative knockout football tournament comprising of 32 local teams, sponsored to the tune of a whooping E9 million courtesy of the SMVA Fund that will advance the face of Swazi football forever.

The teams consist of 12 Premier League, 12 National First Division and 8 Regional Super League teams. Spanning a sponsorship period of three years (E3 million per year), the King announced that the eventual champions of the yearly tournament will walk away with E1.1 million, which will be the first time in history that a team takes home winnings surpassing the E1 million mark.

His Majesty said that the idea behind the tournament was to ensure a physically fit and active nation, as a developing nation needed a healthy population to further advance the initiatives of the country.

"Today we are here to launch the Ingwenyama Cup, which is a tournament that will comprise of both sport and culture. I applaud the MVA for coming to the fore and sponsoring such a tourney as I had requested organisations to assist in the sector of sport and culture in ensuring a physically active nation," he said.

The tournament is to kick-off immediately with the finals slated to be held between the months of February/March 2016.

Present during the launch was the SMVAF Board led by Chairman Zweli Jele as well as the Fund's senior management and staff, PLS Governors, the National Football Association of Swaziland (NFAS) executive and officials from the Ministry of Sports, Youth and Culture, amongst others.

Ingwenyama Cup Prize Breakdown:

Champions E1.1 million
Runners-Up E500,000
Semi-finalists E400,000
Quarter-finalists losers E300,000
Participation fee (Regional teams) E80,000
Administration costs E245,000
Best finisher (Regional and NFD) E50,000
Participation fee (NFD teams) E60,000
Player of the tournament E15,000
Top Goal Scorer E10,000
Goalkeeper of the tournament E10,000
Best Referee E6,000
Assistant referees share E8,000
Best print media E10,000
Best photographer E4,000
Best Sports Editor E6,000
Best reporter E5,000
Best PRO E6,000
Culture E200,000

BACK TO TOP
   Online Magazine

We at Sincephetelo Motor Vehicle Accidents Fund are very excited to present to you our brand new ONLINE MAGAZINE.

READ MORE

© 2017 Sincephetelo MVA Fund Managed by Onswaziline