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Another 140 businesses shut their doors in South Africa | SA News

Luke Fraser
 ·25 Jun 2025

South Africa has seen another 141 businesses liquidated in May 2025, taking the total to 623 closures in the first five months of 2025.

Stats SA’s latest data showed that 538 businesses have shut their doors voluntarily this year so far, while another 85 did so on a compulsory basis.

According to the group, South Africa has seen a 2.4% drop in the number of liquidations recorded in the first five months of 2025 compared with the first five months of 2024.

However, bucking the trend of fewer liquidations year-on-year over the…

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