Turnaround Management Association - Southern Africa

News from the forum for turnaround and corporate renewal professionals - established for purposes of information exchange, knowledge capturing, networking, education and raising the standards of turnaround in Southern Africa.

Friday, December 23, 2005

TMA: new licensing dispensation


Turnaround Management Association


Starting 2006, Turnaround Management Association - Southern Africa will become an international affiliate of TMA International rather than a chapter.

Instead of repatriating members’ full annual fees to TMA International, the new dispensation allows the organisation to retain a substantial portion of membership fees to cover necessary expenses for value-adding services and products such as a secretariat, newsletter, events, education, promoting members’ services, etc.

However, the organisation will now have to administer new member registration, annual renewals and members’ fee collection itself.  We are working hard to have such a system in place before year-end. 

For more information, see Turnaround Management Association license agreement.


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