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Present:

  • Barry Lewis (BL) – Chairman
  • Kobus Dreyer (KD)
  • Hercu Viljoen (HV)
  • John Deeb (JD)
  • Emil Rademeyer (ER)

The Chairman welcomed everyone present and called the meeting to order.

  1. ER did a presentation on the current status of the business.
  2. ER noted that trading conditions are difficult with many businesses postponing decisions to later in the year.  Some businesses don’t have any budget to spend in the current financial year.
  3. Sales activity remains high with more than $260,000 worth of opportunities added to the pipeline pushing the total pipeline value to more than $1 million.
  4. ER provided feedback on the current legal status noting that ABiQ Business Intelligence was incorporated during July and took up occupancy of the new office space on 1 August 2020. The new bank account at Emirates NBD remains a work in progress.
  5. BL requested that a detailed organogram and supplier directory be drafted and published to the board.
  6. BL requested a platform to be developed where information can be easily shared with the board.
  7. The next board meeting will be held in September with the date to be arranged.