245 more companies shut down in South Africa
South Africa has seen 245 more liquidations in 2026, with June figures accelerating from May. Year-to-date, 1,361 businesses have been shuttered.
South Africans drowning in debt as cost-of-living crisis deepens
South Africans are using an increasingly larger share of their take-home pay to service debt, and a growing portion have debt obligations that are considered “unsustainable”.