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The businesses hardest-hit by liquidations in South Africa
30 April 2021

Statistics South Africa has published its latest report on liquidations and insolvencies, with the data showing a steep annual increase in liquidations across the country. Total liquidations were up 18.9% in Q1:2021 compared to Q1:2020 – with financing, insurance, real estate, business services, trade, catering, accommodation and manufacturing the hardest hit.

 

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