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Promising trend in business recovery amidst economic challenges [SOUND]

# Statistics South Africa has reported a promising trend in business recovery amidst economic challenges. Liquidation cases decreased by 30 to 138 in March, marking a 17.9-percent year-on-year decline. The closure rate for close corporations and companies does however remain elevated. Stats SA’s Onica Mushwana notes 138 liquidations in March, comprising 13 compulsory and 125 voluntary closures. Among them, 66 companies and 72 close corporations ceased operations:

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