Sizwe Medical Fund settles out of court with Sechaba

On 28 August 2013 Sizwe Medical Fund (Sizwe) and Sechaba Medical Solutions (Sechaba), reached a settlement agreement at the North Gauteng High Court, to move the termination of the Administration and Managed Care contracts to 31 January 2014; and for Dr.

Dr. Gobinca’s resignation will be confirmed by the North Gauteng High Court when the CMS Registrar applies for the appointment of another curator to replace him. The role of the new curator will be to conclude the election of a new Board of Trustees at a Special General Meeting and to determine the final position of the Fund on administration and managed care services; and the agreements relating to them.

Commenting on the resignation, Dr. Gobinca said: “The curatorship was only meant to be a temporary, remedial and custodial measure as prescribed by the High Court. The best interest of the members and the sustainability of the Fund should remain the top priority at all times in deciding the way forward for the fund. Individual interests cannot outweigh these priorities, hence my decision to step down now, to allow for a smooth transition towards the rebirth of Sizwe. With the support of Sizwe’s management, we have been able to stabilise the Fund back to financial health and address most of the legacy issues that compromised the governance of the Fund and the members’ interests.”