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Another 135 companies close down in South Africa as disaster looms | SA News

Staff Writer
 ·26 Mar 2026

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Liquidations in South Africa rose sharply in February 2026, rising 40% month-on-month, with warnings that worse may lie ahead.

According to the latest liquidation statistics from Stats SA, the country recorded 135 closures in February 2026, up from 96 in the first month of the year.

Year-on-year, liquidations were down 3.6% from February 2025, while the year-to-date figures were 6.1% lower.

On a three-month rolling count, liquidations from December 2025 to February…

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