HOW ARE WE DOING?

Slightly more companies were liquidated in August 2016 compared with August 2015, Statistics SA data show. A total of 181 companies were liquidated in August 2016 compared with 177 in August 2015. Voluntary liquidations increased by 18 cases, while compulsory liquidations decreased by 14 cases. Liquidations fell 7% in the three months ended-August 2016 compared with the 2015 period. There was a decrease of 4.8% in the first eight months of 2016 compared with the first eight months of 2015.