OVER E50 000 SURPLUS FOR VOLLEYBALL

LOBAMBA – It seems the Eswatini National Volleyball Association’s (ENVA) financial status is healthy.

This is according to a financial statement for the year ended March 31, 2018, which was tabled before the teams during the newly-named association’s Annual General Meeting at OlympAfrica Development Centre in Lobamba yesterday.
The figures, which were presented by the association’s Treasurer Thabo Dlamini, reflected a surplus of E57 806.The association’s total income was E192 123. The money came as subvention from the Swaziland National Sports and Recreation Council (SNSRC), International Volleyball Federation (FIVB) and membership subscriptions.

The association’s expenditure was E134 317. In comparison to last year, the association’s surplus was at E108 795 while the total income was at E208 443.Expenditure was low in the previous financial year. The team members approved the financial report.

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