News & Press: General

130th National AGM Feedback

Tuesday, 24 August 2021   (0 Comments)

On Thursday 5th August 2021, SAIMechE held a virtual Annual General Meeting (AGM) for the second time in its history. The AGM was presented using the Zoom online meeting platform. Meeting attendance peaked at eighty-nine persons and seventy-four persons signed the online attendance register. 


SAIMechE President, Mr Hangwani Makwarela welcomed the attendees on behalf of Council and presented the AGM as per the agenda.


During his presentation of the Council report, Mr Makwarela spoke to some of the more important information reflecting the position and performance of the Institution over the period 1 May 2020 to 30 April 2021.


Council Report

The Council report for the 2020-2021 Council session summarised membership statistics  as follows:



Total at 30 Apr 2021

(30 Apr 2020)

Change

Hon Fellow

22 (20)

+2 (+10.0%)

Fellow

46 (46)

+0 (0.0%)

Member

2552 (2710)

-158 (-5.8%)

Graduate

265 (276)

-11 (-4.0%)

Student

1877 (1736)

+141 (+8.1%)

Associate

182 (203)

-21 (-10.3%)

Company Affiliate

28 (32)

-4 (-12.5%)

All Grades

4972 (5023)

-51 (-1.0%)


Financial statements


The Institution received an unqualified report from the Accounting Officer confirming that it complies with the provision of the Constitution relating to financial matters. Key financial indicators are shown below.


  • Total income decreased 8.3% to R 4 455 148

  • Membership fee income decreased by 4.8% to R 4 180 851

  • Total expenditure decreased by 4.1% to R 4 426 884

  • Administrative expenses decreased by 27.9% to R 1 020 750

  • Operating surplus of R 28 264

  • Net surplus of R 893 211 after including investment adjustment

  • General reserve increased by 18.0% to R 5 832 635

  • Investment increase by 18.7% to R4 599 541

  • Good standing with SARS and exempt from income and capital gains tax

  • Concern over increasing outstanding membership fees


Council and EXCO

The following members are serving on Council for the 2020 -2022 session.

Office Bearers

Mr. Hangwani Makwarela - President
Ms Portia Moketla - Vice-President
Mr. Tertius Bosman - National Treasurer

Branch Chairpersons

Dr. Gareth Erfort (Western Cape Branch)
Mr. Mishael Mashele (Mpumalanga Highveld Branch)
Ms. Portia Moketla  (Central Branch)
Dr. Jared Padayachee (KwaZulu-Natal Branch)
Mr. Danie Vorster (Vaal Branch)

Prof. Danie Hattingh (Eastern Cape Branch)

Elected  Council members

The following members were declared elected to Council for the 2020-22 session:


Ms. Marietjie Jansen van Rensburg (Student and Candidate Affairs; Communication)
Ms. Cillia Molomo-Mphephu (Membership; Finance)

Mr. Rangani Lishivha ( ECSA; Membership)

Mr. Rudzani Tshitahe (Transformation and Diversity; Finance)

Mr. Stefan de Nagy Koves Hrabar (Governance)



Co-opted Council members

Mr. Vaughan Rimbault ( Education, training and development; Finance)


Council Members ex officio

Mr. Uncel Mhelembe (General Manager)


The meeting was CPD validated for 0.1 credits with validation number SAIMechE-1451-08/21.

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Email: info@saimeche.org.za

Call: +2711 615-5660

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