US EditionSystemic challenges push SA SMEs to liquidation brink
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Systemic challenges push SA SMEs to liquidation brink
South Africa’s small businesses are shutting down at an alarming rate, with 482 liquidations recorded in just four months, according to the latest data supplied by Statistics South Africa. Behind these numbers lie stories of struggle, survival and an economy pushing entrepreneurs to the edge. In April alone, South Africa recorded 109 business liquidations. While this reflects a decrease compared to the same period last year, the reality for most…
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