Chairman Khoza confirms there will be no penalties imposed on current sponsor for exiting deal early.
South Africa's top domestic football league will now be known as the Betway Premiership, after the Premier Soccer League and the online betting company yesterday announced a three-year deal worth in the region of a staggering Rgoo million.
"This is the single biggest investment in South African sport," claimed Betway's CEO Laurence Michel.
"(It) underscores Betway's commitment to the future of South African sport, and the future of South African football."
PSL chairman Dr Irvin Khoza then confirmed that it was a "three-year sponsorship, (worth) round about Rgoo million."
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US blamed for expo row
Analysts warn exclusion could have dire consequences for SA down the line.
4900 visas for critical skills jobs
South Africa has a list of almost 150 jobs considered by the department of employment and labour (DEL) to be in short supply.
Nsfas to decentralise
Department welcomes move, plans to set up regional, satellite offices.
Lawsuits cost health billions
Investigations stop R3 billion in fraudulent claims, parliament hears.
City face Inter reunion
Manchester City are braced for their Champions League reunion with Inter Milan at the start of an expanded tournament that will be \"so tough\" for the 2023 winners.
League Cup no inconvenience
Manchester United manager Erik ten Hag insisted he still believed English football's League Cup remained a \"significant\" competition.
State of rates in Africa
Africa’s largest economies to make changes for first time in years.
RAF not about to 'implode'
»» Improvements not sustainable without legislative changes, says Letsoalo.
Can Superbalist grow?
Shein overtakes the SA retailer, while Bash is different kind of threat.
Crochet gets sex appeal
100% cotton yarn garments do not loose shape ina cold wash.