The total number of liquidations in South Africa increased by 44.8% in August 2022 compared with the same period a year ago, new data from Stats South Africa (Stats SA) shows.
Liquidations of close corporations increased by 62 cases, and liquidations of companies increased by 12 cases during this period. The total number of liquidations increased by 18.8% in the three months ended August 2022 compared with the three months ended August 2021.
However, an increase of just 0.8% was recorded in…