South Africa – A total of 227 businesses were liquidated in August 2026, marking a 15.3% decline from the 268 recorded during the same month last year.
The latest figures from Statistics South Africa (Stats SA) show that liquidations fell by 6.4% during the first eight months of the year, from 1,952 in January–August 2025 to 1,828 in the same period this year.
The three months to August also recorded a decline, with liquidations falling 13.7% from 825 to 712.
According to BusinessTech, 196 of the 227 liquidations recorded in August were voluntary, while 31 were compulsory.
The financing, insurance, real estate and business services sector was the hardest hit, accounting for 42 liquidations. Trade, catering and accommodation…