South African Businesses in Flux: A Glimpse of Hope amidst Liquidation Surge
South Africa has seen a growing wave of company liquidations in 2023, with 802 businesses shuttering since the year’s inception, including 128 in June alone, as per recent data from Statistics South Africa (Stats SA). Interestingly, of these, 116 decided to cease operations voluntarily, while 12 were compulsorily liquidated. A Comparative Analysis Despite the sobering […]