# The latest figures from Statistics South Africa show a rise in business failures. Total liquidations jumped nearly 24-percent in September compared with last year. Company liquidations increased by 16 cases, and close corporations by 12. Stats SA’s Onica Mushwana says the first nine months of the year recorded a 3.8-percent rise, highlighting growing financial strain on South African businesses:
Stats SA reports total liquidations rise by nearly 24% in September [SOUND]
ENG MushwanaOnSeptLiquidations