# Statistics South Africa says the number of business liquidations fell by 16-percent in May compared with the same month last year, dropping from 268 to 225 cases. This decline was driven by fewer company and close corporation liquidations during the period. However, Stats SA’s Onica Mushwana says the data shows a mixed trend over the three months to May, with liquidations rising by 5.2-percent compared to the same period last year:
Stats SA reports 16-percent drop in liquidations in May [SOUND]
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