Associations that didnt hold AGMs wont get funding council

  • Reading time:3 mins read
  • Post comments:0 Comments
You are currently viewing Associations that didnt hold AGMs wont get funding council
Representation image: This image is an artistic interpretation related to the article theme.

Associations and Funding

The Malawi National Council of Sports has announced that it will not allocate funding to associations that did not hold annual general meetings (AGMs) last year.

The International Cricket Council (ICC) has issued a set of guidelines for sport associations to follow. However, many associations have failed to adhere to these guidelines, leading to a freeze on government grants for these associations. The ICC has taken a firm stance in enforcing compliance, stating that non-adherence will result in the freezing of government grants towards the concerned sport associations until they fully comply with the guidelines. Key points of the guidelines: The ICC has established a set of guidelines to ensure transparency and accountability in the management of sport associations. These guidelines cover various aspects of association management, including financial reporting, governance, and marketing. The guidelines aim to promote a culture of transparency and accountability among sport associations, which is essential for maintaining public trust and confidence in the sport. The guidelines are comprehensive and cover all aspects of association management. They include requirements for financial reporting, including the submission of annual financial statements, and guidelines for governance, including the establishment of a board of directors and the appointment of a chief executive officer.

Malawi Boxing Association (Maba) is a voluntary association that aims to promote and develop the sport of boxing in Malawi. The association was established in 1998 and has been active in promoting the sport in the country. Maba has also been involved in various initiatives to support the development of boxing in Malawi, such as providing training and equipment to young boxers. The association has also been working with government officials and other stakeholders to improve the sport’s infrastructure and facilities. Maba has been involved in organizing boxing events, such as the Malawi National Boxing Championships and the Africa Boxing Confederation (AFBC) tournament.

The guidelines cover various aspects of sports management, including governance, finance, and operations.

  • Ensuring that sports organizations have a clear and transparent decision-making process
  • Establishing a robust system for holding elected officials accountable
  • Fostering a culture of integrity and ethics within the organization
  • For instance, the International Olympic Committee (IOC) has implemented a robust governance framework that includes:

  • A clear and transparent decision-making process
  • A system for holding elected officials accountable
  • A code of ethics that outlines the expected behavior of all members
  • Finance

    The guidelines also cover the financial aspects of sports management. This includes:

  • Ensuring that sports organizations have a clear and transparent financial management system
  • Establishing a system for managing risk and ensuring financial sustainability
  • Fostering a culture of financial transparency and accountability
  • For example, the English Premier League has implemented a robust financial management system that includes:

  • A clear and transparent financial reporting system
  • A system for managing risk and ensuring financial sustainability
  • A culture of financial transparency and accountability
  • Operations

    The guidelines also cover the operational aspects of sports management.

    Key Requirements for Sport Associations

    The sport council has outlined several key requirements for sport associations to ensure they are operating within the bounds of their respective international federations and the sport council itself.

    Further details on this topic will be provided shortly.

    Leave a Reply