MORE BUSINESSES BUST

THE total number of liquidations that were recorded last month increased by 41,3percent year-on-year to 349.

THE total number of liquidations that were recorded last month increased by 41,3percent year-on-year to 349.

The data was released yesterday by Statistics South Africa.

The highest number, 150, of liquidations occurred in financing, insurance, real estate and business services. Voluntary liquidations, 308, outnumbered the 41 compulsory liquidations seen in April. - I-Net Bridge

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