The Premier Soccer League and the Motsepe Foundation have announced a new partnership that will see the National First Division renamed to Motsepe Foundation Championship.
The announcement was made at a press conference in Sandton on Friday.
The Motsepe Foundation takes over from GladAfrica who have pulled out as the main sponsor of the league.
The partnership will run for the next five years.
The media briefing was attended by amongst others CAF President Patrice Motsepe and PSL Chairman Dr Irvin Khoza.
There were no details revealed in terms of the increase of price money or grants for the 16 clubs.
