Total number of monthly liquidations in South Africa 2020-2023
As of August 2023, 142 liquidations occurred, which was 15 less than in August the previous year. In the period under review, the highest number of liquidations occurred in August 2020, with 228 recorded. The number of business closures fluctuated between the years 2020 to 2023. However, there is a steady decrease in the overall number of liquidations.