No word yet from SIC regarding sponsorship for Panorama 2024
The verdict is still out on whether or not State Insurance Company Limited will have a change of heart as it relates to its title sponsorship for the National Panorama competition.
Minister of Festivals and Creative Industries Daryll Mathew told a news conference on Monday that the statutory corporation opted out of his sponsorship due to what was a breakdown in negotiations between the Pan Association and the Festivals Ministry over an increase in its annual allocation.
“It’s a bit unfortunate that I have to announce that State Insurance Company has decided to back out of the sponsorship of Panorama because of the ‘back and forth’ between the pan association and the Commission,” the minister said.
He also issued an appeal to the management and the board of directors to reconsider its decision.
“This epitomizes what we have been trying to avoid where we have an event which always seemed to be shrouded in controversy being seen as a turnoff. We are hoping that with a multi-year agreement, all that is ow behind us and we can now proceed to market the event, market pan and Antigua and Barbuda generally,” he added
President of the Steel Band Association, Patrick Stone Johnson, also committed to reaching out to the company himself, to have it reverse the decision.
The decision was communicated verbally to the stakeholders, the company have yet to issue a statement on the matter
This story was first published by Antigua News on July 3, 2024: antigua.news/2024/07/03/no-word-yet-from-sic-regarding-sponsorship-for-panorama-2024. © 2024 Antigua News. Republication without permission is not allowed.
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Faithful national July 3, 2024, 8:52 AM