South African liquidations jump 17% in April [SOUND]

# Statistics South Africa says business liquidations increased in April, rising by 17-percent compared to the same month last year, from 199 to 233 cases. Stats SA’s Onica Mushwana says over the three months to April, liquidations were up by 8.8-percent, while the first four months of this year saw a 3.7-percent increase compared to the same period last year, indicating continued pressure on businesses: