StatsSA has released the Liquidations & Insolvencies report for October 2023.
Liquidations and insolvencies in October 2023 saw a 13.4% decrease compared with October 2022. The number of liquidations also decreased by 10.3% in the three months ending October 2023, in contrast to the three months ending October 2022. The total number of liquidations for the first ten months of 2023 decreased by 13.0% compared with the same period in 2022.
Trade, Catering, and Accommodation Statistics – January to October 2023
- Compulsory: 25
- Voluntary: 235
- Total: 260
To read the full report, click here.
