There appears to be light at the end of the Cricket South Africa tunnel after the members’ council and interim board reached an agreement to finally amend the memorandum of incorporation (MOI).
With government interference looming and the interim board desperately trying to apply pressure on the council to reconsider its decision to vote against the amendment, the two parties announced on Sunday evening that a historic agreement had been reached.
‘This agreement will now trigger an expedited process to adopt the MOI in terms of the Companies Act (s60) within 48 hours,’ read a CSA statement.
‘By reaching this agreement, cricket in South Africa has adopted a governance model which is best practice both in South Africa and internationally.’
At last weekend’s special general meeting six members of the council voted against the adoption of a new MOI, which would have paved the way for a majority independent board.
Needing 75% of the vote to follow through on the amendment, it appeared as if all hope were lost for CSA and the mandate given to the interim board by Minister of Sport Nathi Mthethwa.
‘The Members’ Council is pleased to have been part of a thorough and fruitful consultative process today,’ said acting president of the council Rihan Richards.
‘Today is a historic day for cricket in South Africa and we look forward to being part of a new governance structure for cricket and playing our part in ensuring sound administration of the game we hold so dear. I am grateful to my Members’ Council colleagues and the Interim Board for ensuring that we averted a proposed ministerial intervention which would have caused cricket in our country irreparable harm.’
You may also like