Ghana players to benefit from R25-million deal

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With mines in South Africa, Ghana, and Australia, Gold Fields is one of the world’s largest gold exploration and development companies.

The mining giant yesterday renewed their relationship with the Football Association till 2011 by a signing a R25-million deal at the team’s hotel in Accra.

The amount is a 24 percent increase on the deal signed in March 2005. The new deal begins in April this year.

“This is not to help Gold Fields but the players. We want the players’ salary and winning bonus to be taken care of with this sponsorship deal. We are happy with their performance and we want to be part of the joy they bring to us,” Johan Botha, Managing Director of Gold Fields told the media.

Meanwhile, reports indicate that Ghanaian economy is estimated to receive at least a R7-billion injection in the next three weeks as the country hosts the 26th edition of the Africa Cup of Nations tournament.

This projection is based on the backdrop of Ghana expecting a minimum of one million visitors.

The sale of promotional material and paraphernalia by vendors and the feeding costs to be incurred by visitors as they patronize food vendors are also set to infuse money into the Ghanaian system.

Sam Poku of the West Africa Business Association, predicts the tourism industry would be the biggest beneficiary of the tournament.