Publication of hidden investors to be delayed

Behind the board: Identifying beneficial owners helps to clarify interests as well as unmask cartel and other illicit behaviour amongst corporates and individuals PIC: THEFLINCH DOT COM
Behind the board: Identifying beneficial owners helps to clarify interests as well as unmask cartel and other illicit behaviour amongst corporates and individuals PIC: THEFLINCH DOT COM

The much-anticipated publication of the 'behind the scenes' beneficial owners of companies by the Companies and Intellectual Property Authority (CIPA), has been put on hold and will not take place in August as planned.

With many Batswana eager to know who owns what in the country and who lies behind the company boards and directorships, the publication of the beneficial owner database was keenly awaited.

This week, CIPA officials confirmed that ordinary members of the public would have to wait longer to see companies’ beneficial owners, but did not commit to when this would be possible.

Editor's Comment
Government’s efforts commendable!

Since the news broke, the government made sure to work hand in hand with the South African government to assist the families of the victims. The two countries came together to help the families identify the bodies of their loved ones through DNA testing. The government also announced that they would assist families with food for mourners before the funerals.Even though the deceased persons were mostly residents of Molepolole, the government...

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