The Zambia National Broadcasting Corporation (ZNBC) says the vigorous campaign in both print and electronic media to raise the necessary funds has failed to generate the K5.7 billion to broadcast the MTN Africa Nations Cup tournament.
ZNBC Director General Joseph Salasni says the corporation has since given up efforts to scout for K5 billion, as only about K788 million has so far been raised for the tournament which kicks off this coming Sunday.
Addressing the press in Lusaka today, Mr. Salasini noted that time has run out for the corporation to secure the balance of K5 billion.
“As Director General of ZNBC, I have the solemn duty and burden to face and inform the nation about this unpleasant position,” he said.
He observed that although the response from the business community and individuals has been quite impressive, K5.7 billion was out of reach for the corporation.
A 30-member Zambian contingent consisting of players and officials including coach Patrick Phiri has since jetted into Ghana in readiness for the tournament.
Zambia is in Group C with Sudan, Cameroon and defending champions Egypt.
The Ghana 2008 MTN Africa Cup of Nations commences this Sunday 20th of January, 2008.