New business ownership rules planned for South Africa

[BusinessTech]

New business ownership rules planned for South Africa

President Cyril Ramaphosa’s cabinet has approved the Companies Amendment Bill of 2021 for public comment, with the draft bill set to introduce a number of new regulations for businesses in South Africa.

 

[Bigjay84]

A bill filled with all the wokeness and socialist bingo words that you would expect from a minister that banned roast chicken and T-shirts .You can see these clowns have never run anything other than after the gravy train

 

[DreamKing]

“The Companies Amendment Bill proposes new provisions on beneficial ownership, placing an obligation on companies to know and disclose the identity of their true shareholders who hold a beneficial interest amounting to 5% or more of the total shares in a company.”

Patel said that the proposed laws also aim to make it easier to do business in South Africa./

create more laws then it will be easier to do business?
how?

 

[BeerIsNotGood...]

Patel said that the proposed laws also aim to make it easier to do business in South Africa.

Right....

 

[RedViking]

'tsek. Register it in Estonia.

 

[RedViking]

A bill filled with all the wokeness and socialist bingo words that you would expect from a minister that banned roast chicken and T-shirts .You can see these clowns have never run anything other than after the gravy train

These clowns knows exactly what they are doing.....

 

[ToxicBunny]

I'm surprised Patel didn't insert clauses about what companies can and can't sell based on whatever he's feeling in the morning.

 

[ShaunSA]

I'm surprised Patel didn't insert clauses about what companies can and can't sell based on whatever he's feeling in the morning.

Doubt you can feel much with your head so deep up your arse

 

[rvZA]

Can't bother if the company is registered in the US.