It is not even the end of the first quarter and already there is a plethora of once-significant SA companies that have either collapsed or had their share prices hit the wall. The likes of sugar producer Tongaat Hulett, tech provider EOH Holdings, Blue Label Telecoms and Aspen Pharmacare have lost billions in value, sending tremors through an SA market still reeling from the shock of retailer Steinhoff International’s more than 90% plunge since December 2017. The latest in the sorry line-up is construction company Group Five, which went into administration on Tuesday after running out of funding. While property and construction have suffered some of the worst declines this year, the malaise is not limited to those industries. From technology to telecommunications, retailers, consumer goods, agriculture, education and financial services, SA companies are battling with crippling unemployment levels, plummeting business confidence, instances of corporate malfeasance and a lifeless econ...

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