You have been approached to assist Django $($Pty$)$ Ltd to determine whether they are a public company or a private company for tax purposes. Django $($Pty$)$ Ltd is not listed on the stock exchange. The ordinary share register revealed the following shareholding:

$$ Each of the following shareholders hold each $9\%$ of the ordinary shares; Outjo Gold $($Pty$)$ Ltd$,$ a gold mining company, Mr Palmer, Mrs Enzo $($Director of Django $($Pty$)$ Ltd$),$ Mr Jackson $($Director of Django $($Pty$)$ Ltd$),$ Diamond Mining Ltd and City of Windhoek.

$$ The minor of Mrs Enzo holds $9\%$ of the ordinary shares.

$$ Mrs Madueke, Mr Nkunku as well as Mrs Jackson $($the wife of Mr Jackson$)$ each hold $5\%.$

$$ King Price $($Pty$)$ Ltd$,$ an insurance company holds $12\%.$

$$ Mr Felix holds $10\%$

REQUIRED:

Determine whether Django $($Pty$)$ Ltd will be classified as a public or private company for tax purposes.