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[File image]: Closed business.
Data released by Statistics South Africa shows that business liquidations last month increased by a substantial 16.5% compared to the same period last year. This comes amid a tough operating environment in South Africa.
Liquidations of close corporations increased by 26 cases while liquidations of companies decreased by four cases during this period.
“The 155 liquidations recorded in July 2025 included 14 compulsory liquidations and 141 voluntary liquidations. Broken down by the type of institutions, 72 companies and 83 closed corporations closed their doors in July 2025. An increase of 1,8% in the number of liquidations was recorded in the first seven months of 2025 compared with the first seven months of 2024,” Stats SA’s Onica Mushwana says.
#ZALiquidations || Business #liquidations increased by 16,5% y/y in July 2025 (from 133 to 155 cases).
Listen here for more: https://t.co/5ZNlzz3obt#StatsSA #GovZAUpdates pic.twitter.com/b03nF4Ac9K
— Statistics South Africa (Stats SA) (@StatsSA) August 28, 2025
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