Nedbank has renewed their sponsorship of the Nedbank Cup for five years.
Nedbank’s Tobi Badenhorst’s made the announcement in a pre-recorded video message played at the PSL Awards ceremony on Monday night.
PSL communications manager Luxolo September confirmed the renewal of the contract.
“We will make a formal announcement about that. But it’s an open secret that the negotiations are complete‚” said September.
The bank group took sponsorship of the tournament in 2008 for a reported value of R400 million over five years.
