The businesses hardest hit by liquidations in South Africa right now
Over 1,400 SA businesses have been liquidated in 2022 so far, with 170 more recorded in Sept, Stats SA has found. The financing, insurance, real estate, and business services sector is the hardest hit by liquidations, recording 58 closures in Sept and 472 in the year to date. This is followed by the trade, catering and accommodation sectors, with 33 and 281 liquidations for the month and year to date.