CIPC in disarray

As an auditor and entrepreneur I understand the value of business – and especially new business. In South Africa, ever since the inception of the Companies Act 28 of 2008, we viewed the landscape as changing. For example; efficient registration of companies was expected, yet until the DA started making some noise about backlogs. The number of companies registered since May 2011 to then July 2011 was appalling. I was sadly one of those people waiting in line. I’m glad though that they’re doing something about it, and it does seem promising that the end of August deadline will be met.