Corporate liquidations shot up 11.8% in the year to September as insufficient and unreliable power supply caused havoc, mostly to small and medium-sized enterprises .
Combined with high interest rates and debt-serving costs, most companies lost their ability to service their debts and closed shop, the Reserve Bank said in its financial stability review released on Tuesday...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
Don't worry Top Cop de Ruyter and Chief motivator CyrilRamaphosa will sort out the Eskom_SA. You just have to look past loadshedding the Prez said.
South Africa's government is threatening small business, property rights, the right to self and property defense, the right to earn a living, the right to leave your home, etc. South Africa's government is, was and always will be a filthy criminal imposition that leeches off you.
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