MBC UPDATES..... Following a general MBC meeting held on the 24th - TopicsExpress



          

MBC UPDATES..... Following a general MBC meeting held on the 24th April, 2014 @Afrikiko the following was agreed upon; #1. Starting 1st July 2014 all current membership of MBC becomes invalid. New membership would require registration. Membership will thus be defined by registration, dues payment, active contribution and involvement among others. Our objective is to keep a small but highly effective, serious and efficient core membership. So we can re-energize the club and position members to achieve the MOBA Economy Dream. To this end only registered new members will be kept on our closed contact networking platforms such as MBC whatsapp page. Privilege business information/contacts shall be share amongst MBC members only. #2. On 8th July 2014 fresh election shall be conducted to elect new leaders. Vacant positions shall include 1. President 2. Vice President 3. Gen Secretary 4. Financial Secretary 5. Publicity Secretary 6. Ex Officio (MOBA National Rep). Venue for election of new leaders shall duly be communicated. #3. Monthly dues of GHC20 shall be paid by each member starting April 2014. A correspond member welfare policy shall be instituted. (Remember its a business club not an association) #4. MBC shall set up theBoteapa Investment/Venture Capital Fund to support MBC/MOBA business start ups. Investors will be required to contribute a minimum of GHC100 a month for at least the next 5years. Funds should be ready for operations after a five year incubation period. How much a fellow contributes become the value of ones share holding in the investment fund. 10% of the total share value will be assigned to MBC on whose platform the fund operates. The fund will be managed by a board of trustees as will be appointed by share holders. A legal framework for this investment fund as about commence. This investment fund shall be used to support MBC Start ups, existing businesses and invested in other business interest as may be deemed fit by fund managers. Should be launch by close of the year. Further enquiries should be directed to KOFI on 0265333444
Posted on: Sat, 26 Apr 2014 12:19:18 +0000

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