Balloting Report & Finance Report

Dear Members,

Firstly, wishing that you and your loved ones are well.

I am pleased to inform you that we have caught up on all the ‘backlog’ of interviews as a result of the pandemic by hosting ten meetings since the beginning of the year. These virtual sessions have allowed us to interact with candidates from all corners of the globe and the general feedback on this ‘new’ format (hopefully soon back to our original physical meetings) has been positive. We held our first Young Members’ virtual meeting of 2021 in August, which I can confidently say on behalf of Balloting, is without exception an exhilarating experience! These smart and very impressive young members are the future of our Club and, reflecting upon our interviews, we are clearly in very capable hands. The Secretariat has received a few queries recently and thought best to share:

1. How long do I need to have known my proposed candidate? Except for short term membership both the proposer and seconder must have known the candidate for at least 1 year. 2. May a candidate who did not succeed in joining the Club visit as a guest? Unfortunately not. However, should the candidate wish to reapply for membership, this is possible after five years. 3. How long approximately until a candidate meets the balloting committee?

Approximately 12 months on average. Short term membership candidates three to four months.

Thank you all again for your efforts in keeping an eye on the list of proposed candidates on both the Club bulletin board and in monthly newsletters. Best wishes,

Kush Bhardwaj Chairman Balloting Committee

finance

I hope you are all well and keeping safe in these challenging times. I once again thank you for your continued patronage and timely payment of your accounts, which has helped the Club meet its financial obligations in a difficult operating environment.

Despite the reduced usage occasioned by the pandemic, it is encouraging to report that the Club’s performance has remained resilient.

As I write to you, we have just completed the first month of our new financial year 2022, with an incredibly promising performance, with usage revenue reaching 72 per cent of precovid times.

The Club’s Operations and Staffing have been rationalised and costs kept very low in order to secure our cash reserves. We are continually looking for innovative ways of growing revenue as well as opportunities that deliver cost efficiency. On the administration front, we have a large balance of unidentified credits and therefore kindly remind Members to always indicate their Account numbers when making direct deposits in the Club’s bank accounts. We also request those Members who may have deposited money in the Club’s accounts without informing us, to contact the Accounts office as soon aas possible. To improve compliance with Covid-19 protocols, we encourage Members to minimise use of cheques and to embrace electronic modes of payments, listed below.

Direct deposits/transfers to Muthaiga Country Club Standard Chartered Bank accounts –

KES Account number 0102018001301, USD account number 8702018001301 or

GBP Account number 2802018001302 M-PESA - Business no.902800. Please enter your Club's Membership number when prompted for the Account number.

Online Payments - Visit our website at www.mcc.co.ke for more information. Members may obtain website log-on details by sending an email to web.admin@mcc.co.ke We continue to appeal to all Members, now more than ever, to please come back and use your Club and to pay your Club bills promptly. In the meantime, stay safe and healthy!

Daniel Ndonye Chairman Finance & Strategy Committee