A company whose securities are traded on a stock exchange and can be bought and sold by anyone. Public companies are strictly regulated, and are required by law to publish their complete and true financial position so that investors can determine the true worth of its stock (shares)
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Minimum of two Directors for private and three for public limited companies. The number of directors resident in Zambia shall not be less than half the number of directors appointed
Applicable to Public Company, Private Company Limited by Shares and Unlimited Private Company. *If Shareholder is a Body Corporate
*If Company Secretary is a Body Corporate