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Alexkor is a South African unincorporated joint venture diamond mining company that falls under the Department of Public Enterprises.It was previously a state-owned enterprise, when in 2007 it entered a government-funded pooling and sharing joint venture with the Richtersveld community. [2]
ILP (Incorporated limited partnership): used for venture capital investments comes in four types: Venture Capital Limited Partnership (VCLP), Early-stage Venture Capital Limited Partnership (ESCVLP), Australian Venture Capital Fund of Funds (AFOF), Venture Capital Management Partnership (VCMP). [8
In Mutual Construction Co v Komati Dam Joint Venture, an important case in South African law, Mutual Construction leased a truck, together with an operator, to Komati Dam Joint Venture (KDJV). The agreement required KDJV to provide responsible supervision for the operator; it also provided that KDJV would be responsible for loss or damage to ...
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance.. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or ...
An unincorporated entity will generally be a separate entity for accounting purposes, but may or may not be a separate legal entity. For example, partnerships in England and Scotland are separate entities for accounting purposes, but while English partnerships are not separate legal entities, in Scotland they are separate legal persons.
A special and by far less common form of joint-stock companies, intended for companies with a large number of shareholders, is the publicly traded joint-stock companies, called allmennaksjeselskap and abbreviated ASA. A joint-stock company must be incorporated, has an independent legal personality and limited liability, and is required to have ...
The merger deal made Coca-Cola Beverages Africa the largest bottler in Africa and the 10th largest in the world, [4] with annual revenue of US$3 billion. [5] Coca-Cola Beverages Africa serves 12 countries, employs 12,000 people and accounts for 40 per cent of the total Coca-Cola beverage volume consumed in Africa. [ 6 ]
An LLC is a type of unincorporated association, distinct from a corporation. The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. As a business entity, an LLC is often more flexible than a corporation and ...