Non Availability Of Audited Financials almost Stops Highlanders AGM

Non Availability Of Audited Financials almost Stops Highlanders AGM

By Muziwethu Hadebe

@ The Highlanders Club House, Bulawayo.

The non-availability of Highlanders Football Club 2019 audited financial statement almost resulted in the Club’s AGM being postponed last Sunday at the Highlanders Club House in Bulawayo.

Vocal club members felt it was not proper for the AGM to go ahead without the financial report from the Treasurer Donald Ndebele. This occurred after Ndebele had explained to the members that the auditors were going through the financials and as the executive they were seeking the way forward from the members.

“Any serious organization takes its financials as the major business of the AGM, is an AGM an AGM without the audited financials, lets postpone this meeting if the financials are not ready”, said Njabulo Bango.

Bango was supported by a number of members who included Beke Ngoma, Ezra Sibanda, Andrew Tapela, Allan Mpofu and a Mr Ngwenya who said the apology for the non-availability of the financial statement should have come from the Chairman and not the Treasurer.

Just when it looked like the motion to postpone the AGM moved by Tapela was about to be seconded, Moeli Kelebile stood up to suggest that besides the financials there were a lot of other issues that the members needed to discuss pertaining to the 2019 soccer season, making reference to the Chairman’s report.

Kenneth Mhlophe the Chairman then put the issue to a vote with 42 members voting for the meeting to proceed while 20 members wanted the meeting to be postponed. The meeting which started an hour and 25 minutes late had stared with 75 members present, meaning 13 members had not voted.

The 75 members present did not constitute a quorum for the AGM to go ahead but agreed to proceed with the business of the day.

Speaking to Mysports after the AGM Ndebele said that the audit was actual current on and that the auditors had requested for more time as a number of revaluations needed to be done due to the change of currencies from the USD to ZWL.

He however did not say when the audit had commenced. Bosso members will now meet again on 8 March to debate on the audited financial statement.

Sponsorship income is likely to be the top revenue earner once more with Highlanders winning the Chibuku Super Cup in 2019 ahead of Gate takings, as Bosso saw improved attendances towards the end of the season.

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