By PwC
PwC’s Global insolvency year in review 2024 presents a detailed analysis of insolvency trends across major global economies. While the report includes Africa-focused content developed by PwC Africa colleagues – covering South Africa, Ghana and Kenya – the following summary highlights the key insights related to South Africa.
The South African economy has faced ongoing challenges, including rising inflation, energy crises, high unemployment, regional political uncertainty, and global economic uncertainty, all of which have impacted businesses across multiple industries. In this overview, we explore key corporate insolvency trends, dynamics affecting corporate South Africa, the sectors under the most pressure, and some of the…