Stats SA has revised its liquidations data, revealing that business closures are escalating in the country at an alarming pace.
The latest data on liquidations shows that 233 companies were shuttered in April 2026, down from 276 liquidations recorded in March.
This is a significant revision from the previously reported March data, which tracked 146 closures that month.
Stats SA noted that it had been engaging with the Companies and Intellectual Property Commission (CIPC) to review its data, where several issues were picked up.
This includes duplicate entries and data extraction challenges in previously submitted aggregated data. These resulted in the omission and…