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The businesses hit hardest by liquidations in South Africa
28 June 2022

The businesses are hit hardest by liquidations in South Africa right now.

 

New data from Stats SA shows that the total number of liquidations decreased by 1.6% in May 2022 compared with the same period a year ago. Voluntary liquidations decreased by eight cases, while compulsory liquidations increased by five cases, the stats body said. The total number of liquidations decreased by 8.9% in the first five months of 2022 compared with the first five months of 2021.

 

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