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Liquidations in South Africa much worse than previously reported – as 233 more companies shut down | SA News

Staff Writer
 ·28 May 2026

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Stats SA has revised its liquidations data, revealing that business closures are escalating in the country at an alarming pace.

The latest data on liquidations shows that 233 companies were shuttered in April 2026, down from 276 liquidations recorded in March.

This is a significant revision from the previously reported March data, which tracked 146 closures that month.

Stats SA noted that it had been engaging with the Companies and Intellectual Property Commission…

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