Liquidations on the rise

30 May 2008 - 02:00
By unknown

The total number of liquidations in South Africa in April rose by 4,7percent year-on-year, but notably they were up 10,5percent in the first third of the year when compared with the first third a year ago. A total of 247 liquidations were recorded in April from 297 in March. Insolvencies increased by 3,1percent year-on-year in March, but by 7,5percent quarter-on-quarter. - I-Net Bridge

The total number of liquidations in South Africa in April rose by 4,7percent year-on-year, but notably they were up 10,5percent in the first third of the year when compared with the first third a year ago. A total of 247 liquidations were recorded in April from 297 in March. Insolvencies increased by 3,1percent year-on-year in March, but by 7,5percent quarter-on-quarter. - I-Net Bridge