Friday, March 29, 2024

CSA Members’ Council unanimously accepts new MOI

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Photo Credit: Cricket South Africa

Cricket South Africa’s (CSA) Members’ Council today confirmed that it has unanimously accepted a new Memorandum of Incorporation (MOI) by written resolution as contemplated in section 60 of the Companies Act.

The MOI embraces modern governance requirements as well as the recommendations contained in the Nicholson Report.

“We have now reached the stage,” commented CSA Interim Board chairperson Dr Stavros Nicolaou, “where we can move to complete one of the outstanding issues of our mandate which is to hold the Annual General Meeting.

“I would like to thank the Members’ Council for ensuring that this resolution is passed. Cricket is now poised to move forward with a new governance structure. We look forward to taking the focus away from the boardroom and to the field of play especially ahead of the T20 World Cup later this year.”

“We have kept Minister Nathi Mthethwa fully briefed on the latest developments,” concluded Dr Nicolaou.

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