South Africa experienced another spike in business liquidations in September, with another 145 companies added to the pile of closures, taking the running total to 1,180 in 2025 so far.
Stats SA’s liquidations data showed that the numbers spiked significantly year-on-year, with liquidations shooting up 23.9% compared to the same time in 2024.
Year-to-date, liquidation numbers are also higher than they were in 2024, with the 1,180 total between January and September up 3.8% from the same period last year.
Comparing the…
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