Cape Town - Telkom
announced on Thursday that they will be the official Olympic sponsor of the South African
Olympic and Paralympics teams.
multi-million rand sponsorship will allow SASCOC to expand Team SA, including
more qualifying athletes, giving local talent and opportunity to compete on
the world’s greatest sporting stage.
Telkom will also be adding R4 million to
the medal incentive pot, to be shared between both the Olympic and Paralympic
this year Telkom indicated its intention to support local athletes. Telkom has a long history of supporting the Olympics, having sponsored teams
attending the Athens and Beijing Olympics in 2004 and 2008 respectively, as
well as the London Paralympics in 2012.
honoured to be able to partner with our national Olympics team as they test
themselves in the world’s most demanding sporting competition. Their dedication
to the Olympic motto of faster, higher, stronger, resonates with all of us as
we strive to always be better than we were,” said Sipho Maseko, Telkom Group
Chief Executive Officer.
Minister Fikile Mbalula welcomed the announcement.
“The Olympics is the biggest
sporting event of our time. With the backing of one of South Africa’s largest corporates
to smooth their journey, I have no doubt that our team will do us proud. We are
doing this for the future of our young people,” he said.
welcome Telkom’s sponsorship because it will enable more elite athletes to
achieve their Olympic dreams, and in the process, inspire the next generation,” said Telecommunications and Postal
Services Minister Siyabonga Cwele.
to compete at the Olympics represents the highest dream for many athletes. To
this end, we welcome the partnership with Telkom, which will allow all South
Africans to follow the progress of their sporting heroes,” said SASCOC Chief
Executive Officer Tubby Reddy.
The 2016 Olympic Games will take place from August 5-21 in Rio de Janeiro,
The 2016 Paralympic Games, also hosted by Rio de Janeiro, are scheduled
for September 7-18.