245 more companies shut down in South Africa

• The number of companies that have shut down in South Africa in 2026 is 245, with a total of 1,361 businesses closed year-to-date.
• The liquidations are largely concentrated in the finance, insurance, real estate, and business services sectors, with 91% of liquidations being voluntary.
• The reinstated insolvency data shows that 61 insolvencies were recorded in June, with 753 insolvencies for the first half of the year, indicating ongoing solvency problems in South Africa.