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South African business insolvencies are forecast to fall for the first time in 10 years, with the number of applications expected to drop at least 5% in 2026, according to Allianz Trade.
The trade credit insurer forecasts about 2,750 insolvency cases in 2026, followed by a further 4% fall to about 2,650 in 2027. Allianz Trade is headquartered in Paris, France, and has a South African office in Rosebank, Johannesburg.
The group provides trade credit insurance and credit-risk information to companies operating in domestic and international markets.
Recent structural reforms had supported business resilience in the country, it said, but construction and consumer-facing sectors remained…