Corporate Renewal Solutions Blog

View of and news about the topics and industries of corporate renewal, business transformation, turnaround and business rescue in South Africa.

Thursday, April 26, 2007

Where are liquidation statistics heading to?

Click on the thumbnail for an enlarged view of the most recent liquidation statistics (March 2007).

 

Compulsory company liquidations per month   Monthly compulsory company liquidations per annum

After a surge towards the end of 2006 as a result of past interest rate increases, compulsory company liquidations dropped significantly to only 4 per month during the first three months of 2007 despite expectations of an increased level during 2007.  With compulsory company liquidations serving as a lagging indicator of turnaround activity, it indicates that the turnaround management industry in South Africa is off to a slow start in 2007.

Read more at liquidation statistics.


This turnaround news flash was brought to you by CRS Turnaround - turnaround management consulting firm rescuing distressed companies and improving results of underperforming companies in South Africa.

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