The annual report of the Companies and Intellectual Property Commission (CIPC) of South Africa for the 2021/22 financial year is published by National Treasury.
However, the CIPC is a division of the Department of Trade and Industry and Competition (DTIC), under the leadership of Minister Ebrahim Patel.
The CIPC is one of the few state institutions that received a clean audit report from the auditor-general. Interestingly, the CIPC is not a registered company, as per its annual report.
In his foreword, the minister stated: “At the start of the year under review,