‘Hidden investor’ database due to go public
Friday, January 20, 2023 | 1580 Views |
To the people: CIPA’s database of beneficial owners is set to go live to the public in August PIC: KENNEDY RAMOKONE
By law, a ‘beneficial owner’ is defined as a person who directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise is the ultimate beneficiary of a share or other securities in a company.
Amendments to the Companies Act from 2018 and 2022 required the identities of beneficial owners of companies to be updated to CIPA’s Online Business Registration System (OBRS), the main online platform where all companies operating in the country are required to register.
Unfortunately, in this part of the world, it is very rare for individuals to mind their mental health. This does not start today, and sadly, even children with certain mental health challenges get the stick regularly instead of proper diagnosis and professional assistance. Counselling, just like going for physical examinations, is very necessary for general well-being. Many Batswana are dealing with different challenges. These difficulties can...