The coronavirus pandemic continues to take its toll on the economy, with data from Stats SA showing that liquidations rose 49% year-on-year in March.

In its March report on liquidations and insolvencies released this week, statistician-general Risenga Maluleke said the liquidations hit small, medium and macro enterprises (SMMEs) the most. A total of 216 companies in various sectors were liquidated in March, compared with 178 in February...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now