Cricket South Africa on Thursday officially published its new Memorandum of Incorporation (MoI) as approved by the interim board and members’ council.
After weeks of battle, the members’ council unanimously voted in favour of the amendment that would pave the way for a majority independent board at CSA.
‘As I stated at last week’s landmark media briefing it is important in the interests of transparency that the new MoI is made available to all our stakeholders,’ said CSA interim board chair Stavros Nicolaou.
‘This includes our sponsors, our media, our players and, most importantly, the general public. With the MoI now in place the Board can concentrate on one of the outstanding issues in its mandate from the Minister of Sport, Arts and Culture, Nathi Mthethwa, the planning of the Annual General Meeting which will take place on June 12.’
CSA acting president Rihan Richards welcomed the publication of the new MoI: ‘This document is our constitution and brings us into line with the best standards of good corporate governance,’ he said.