Independent on Saturday

Run on Numbers The Companies and Intellectual Property Commission’s mission

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,

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