I was asked by Brigitte Brun where I got my figure of 500,000 enitities that would need a scorecard. I took this information from the latest CIPRO stats. Here is a diagram of the breakdown
Close Corporations | 1,612,481 |
Public Companies | 3,224 |
Private Companies | 188,728 |
Non Profit (Section 21) | 23,293 |
Limited By Guarantee | 84 |
External Companies under Section 21A | 12 |
External Companies | 1,148 |
Incorporated (Professionals) | 9,481 |
Company Unlimited | 6 |
Co-Operative | 16,247 |
Total | 1,854,704 |
If 80% are EMEs then the total figure is 370,941. And if 70% are EMEs then it would be 556,411.
I reckon these figures are close enough.
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