Can South Africa avoid a wave of company collapses?
Sure, things are tough — but in SA, they’ve always been tough. Rather than companies tipping over indiscriminately, “pockets of stress”, are expected in 2023. This isn’t to say SA will avoid global inflation ructions; we just might handle it better. For those SA companies that succumb to an anaemic economy in the next few months, business rescue will continue to prove itself.