Close corporations can no longer be registered in South Africa and will be phased out over time. However, until then, many people are unaware that trusts cannot actually own a member’s interest in…

Transnet’s CEO, Portia Derby, recently reported an R8.8 billion loss at Transnet for the year ended March 2021, a R11.1 billion swing from the previous year’s profit of R2.3 billion. 

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