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ACASWA COFFERS AT ZERO BALANCE

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MANZINI – Mzwakhe Myeni’s newly elected executive committee faces serious challenges in as far as financial issues are concerned.


Myeni was elected as the president of the Association of Christian Artists in Swaziland (ACASWA) last Sunday.


It has since transpired that the association is currently bankrupt. Gospel artists were informed during their Annual General Meeting (AGM) that the outgoing executive committee led by Zakhele Ginindza was at times forced to use personal finances to run some of the association’s duties.


Negative


Former ACASWA’s treasurer, Mbongwa Dlamini told artists that currently the association was running at a negative balance. However, Dlamini praised the outgoing committee for the commitment they have showed.
He said had they not been dedicated to their work, the association would not be where it is today.


Dlamini also presented a brief financial report which showed how they funded some of the projects the association was involved in. 
One of the projects that were highlighted is the Swaziland Gospel Awards. Also highlighted on the financial report was the Uvukile Festival and the Amadodana Competition. 
The outgoing treasurer noted that all these projects were a success. However, he insisted that there were no profits made.

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