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investopedia.com
Subsidiary Company: Definition, Examples, Pros, and Cons
A subsidiary is a company that is more than 50% owned by another company, known as the parent company. The subsidiary operates independently of the parent.
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6K views · 225 reactions | Under South Africa’s Black economic empowerment laws, foreign companies must have 30% local Black ownership in their SA subsidiary if they want to operate there. Why does this law exist and how can we link it to Elon Musk’s Starlink? Find out here : https://youtu.be/CP0-coQc0Hw?si=5QiiIpaFPdcPNFyg#USA #America #Face2FaceAfrica #Trump #ramaphosa #elonmusk | Face2Face Africa | Facebook
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