CIPA warns youth against fraud

JWANENG-A compliance officer from Companies and Intellectual Property Agency (CIPA), Kairirirua Murangi has warned the youth of Jwaneng and surrounding areas to desist from buying non-complying shelf companies.

He made the warning during a capacity building workshop organised by Jwaneng mine to empower the community on business registration and compliance. Murangi also highlighted that there are shelf companies, which have been deregistered by CIPA because they owe annual returns.

He further warned that trading with a deregistered company could attract a penalty fine of P20,000. Additionally, Murangi said, if a person is found to have provided misleading information to the officers, he/she shall be liable to a fine of up to P100,000.

Editor's Comment
Something ought to be done about deadly A3 Road

The accident which happened near Marapong village comes after yet another horrific accident which claimed 16 lives in July last year near Hubona. These stats don’t include other accidents where fatalities were not as many as the two.While several factors may have contributed to the two accidents and many others, many believe the biggest with that road is the bad state that the road is in. Unconfirmed reports in the most recent accident state...

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