Times Of Swaziland: ACASWA COFFERS  AT ZERO BALANCE

ACASWA COFFERS  AT ZERO BALANCE
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BY NHLANHLA MATHUNJWA on 01/11/2017 00:12:00


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.