Kamanga urges players to prepare for life after football

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FAZ president Andrew Kamanga has challenged footballers to prepare for their retirement.

Speaking during the financial literacy training workshop for footballers at Moba Hotel in Kitwe on Friday,Kamanga said it is unfortunate that most players become destitute when they retire.

He said there is need for most players to change their mindset regarding financial management.

“My advice to you is that put away a bit of money, save to invest in things like a house, this is a guarantee that you will not be forced into destitution after your days on the pitch are over,” Kamanga said.

Barclays Bank Zambia head of marketing and corporate relations Mato Shimabale urged footballers to practice prudent management of their finances.

Shimabale said there is need for players to secure their future through saving and investment in assets because football was a short career.

“We want to help players like you to mitigate the problems you face after you retire because you failed to make prudent use of your money in your playing days.

You have a very short career and you need to start planning for your life after football, that day is coming when you career will end, so we want to help not dread retirement but look forward to it,” Shimabale said,

The workshop was attended by players from Power Dynamos, Nkana, Kitwe United and Nchanga Rangers.

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9 COMMENTS

    • @mature, but you people how can you say IQ is low, mwaliteyapo bola imwee… You need high intelligence to be a good player.
      You & Kananga are just insulting players. Kamanga got paid for attending that workshop, but Zambian players never get paid for training.
      Advise them to get education, not investing in things they can’t pay for. Kalusha , nyerenda, Lwandamina are not destitutes, stop insulting others.

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  1. @mature, funny! Luck of education in football thats why even on the pitch we got few ideas due to low IQ standards

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  2. @mature you are the one with low IQ, if you think IQ has anything to do with education (completing grade 12 or acquiring a tertiary qualification ) then you are the one with low IQ. Actually success is not measured your academic accumulation of qualification, it is what you do with whatever you learn whether from home or at school. To date the so call IQ gurus in the study of sport have failed to to understand the intelligence of some players like Pele, Chitalu and even Mbesuma to be candid these guys IQS are beyond measures. Actually the acronyms IQ stand for Intelligence Quotient which dependent on how sharp some one is with regards to the brain. I can see why Zambia suffers from development, with mindsets like this , its very difficult to read between the lines.

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  3. SORRY GUYS FIRST MESSAGE WAS FULL OF SYNTAX ERRORS POSTED IN ERROR.

    @mature you are the one with low IQ, if you think IQ has anything to do with education (completing grade 12 or acquiring a tertiary qualification ) then you have a complex problem. Actually success is not measured by your academic accumulation of qualifications, it is what you do with whatever you learn whether from home or at school. To date the so call IQ gurus in the study of sport have failed to understand and dissect the intelligence of some players like Pele, Chitalu and even Mbesuma, to be candid these guys IQS are beyond measure. Actually the acronyms IQ stand for Intelligence Quotient which is dependent on how sharp some one is with regards to their brain. I can see why Zambia suffers from development…

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  4. just form players pension scheme and make it mandatory. No negotiations about it , just deduct 10% of there earnings period, to bring this shame to an end.

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  5. Kamanga is right. We have seen how destitute some of our guys become after the game. But we know financial literacy is for everyone. Problem with public figures some fellows wantor are under pressure to always please the supporters and their families hence thoughtless spending.
    I think @player advisor you are correct: we need mandatory players pension scheme

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