CHRIS Nenzani was elected as president and Dr Peter Cyster as vice-president at the annual general meeting of Cricket South Africa on Saturday.<\/p>\n
Nenzani will automatically serve as chairman of the Board of Directors as well.<\/p>\n
The other five non-independent directors were elected as follows: Andy O\u2019Connor, Beresford Williams, Graeme Sauls, Fa-eez Jaffar, Rihan Richards.<\/p>\n
Eugene Pretorius, Rudi Claasen and Leon Crawley withdrew from the election.<\/p>\n
The five independent directors were elected as follows: advocate Norman Arendse, Dawn Mokhobo, Vusi Pikoli, Louis von Zeuner and Mohamed Iqbal Khan.<\/p>\n
The following were elected to the audit committee: Vusi Pikoli, Louis von Zeuner and Mohamed Iqbal Khan. Von Zeuner will chair this committee.<\/p>\n
The meeting confirmed South Western Districts\u2019 status as a full affiliate member of CSA without exception after being a conditional affiliate from the previous AGM.<\/p>\n
The annual financial statements were presented and unanimously approved.<\/p>\n
CSA has realised an operating loss of R47-million for the 2012 year compared to a profit the previous year of R295-million.<\/p>\n
Because of the reliance on broadcast income there will be a loss again next year and thereafter the company will return a substantial profit. This is why there is a rolling budget over a four-year period.<\/p>\n
The cash flow position remains extremely strong with a cash reserve of R474-million.<\/p>\n","protected":false},"excerpt":{"rendered":"
CHRIS Nenzani was elected as president and Dr Peter Cyster as vice-president at the annual general meeting of Cricket South Africa on Saturday. Nenzani will automatically serve as chairman of the Board of Directors as well. The other five non-independent directors were elected as follows: Andy O\u2019Connor, Beresford Williams, Graeme Sauls, Fa-eez Jaffar, Rihan Richards. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[3258,830,885],"class_list":{"0":"post-17757","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-mysport","8":"tag-news","9":"tag-sport","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/17757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=17757"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/17757\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=17757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=17757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=17757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}