The news has been confirmed in a joint statement issued after extensive discussion between Malawi Sports Minister Henry Mussa and TNM Chief Executive Officer Douglas Stevenson.
The mobile telecommunication service provider made a shocking announcement few weeks ago that it had decided to pull off a plug on sponsoring Malawi elite soccer league.
The decision followed a recommendation by Competition and Fair Trade Commission (CFTC) to TNM to remove clauses in its renewed sponsorship contract with SULOM that blocked clubs and SULOM from seeking any form of sponsorship from its competitors.
However, government decided to intervene and sought clarification from CFTC Board to clarify its ruling and entered into extensive discussions with TNM after it looked remarkably clear that no company was willing to sponsor the league.
Following CFTC clarification which stated that its ruling would take effect in the year 2020 TNM decided to make a u-turn on the matter.
This according to the statement signed by Mussa and Stevenson is, “enough transitional period to allow the Malawi National Council of Sports and other stakeholders time to come up with a comprehensive roadmap.”
This according to the announcement would allow stakeholders in soccer fraternity to come up with rules and regulations to govern the future contracts or agreement reasonable to all competing sports.
Over the weekend TNM competitor Airtel Malawi made it crystal clear that it would not step into the shoes left by their rival telecommunications service provider to bankroll the league.