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Over 700 Zambian Companies Face Extinction
A mass deregistration of companies is eminent by the Patents and Companies Registration Agency (PACRA).
The deregistration if implemented will affect over 700 companies.
PACRA Registrar and Chief Executive Officer Anthony Bwembya says a team is currently extracting data of companies that did not comply with the amnesty that was given to settle the annual returns.
Mr. Bwembya says once the compilation is done, the agency will advertise the names of the companies and give them time to respond before officially deregistering them.
Speaking to QFM NEWS, Mr. Bwembya says this will also help clean the agency’s data base.
He further notes that the agency will not sympathize further with any company for not following the laid down required procedures.
Posted by Editor
on February 18, 2013. Filed under LATEST NEWS.
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pemps
February 18, 2013 at 11:36 pm
mayo ka company kandi baisala lelo!
Uwakwamununga
February 19, 2013 at 12:21 am
TUKESALEMBESHA NAKAILI,KABILI KU CINJAFYE ISHINA.
mali
February 19, 2013 at 7:54 am
this is rubbish, bring more educative issues, running out of what to advertise. shit.
mahola
February 19, 2013 at 8:01 am
@tumfweko so what comments to you expect people to contribute??????? boring anyway.