12/01/2014
Corporate Publications
Insolvencies
The number of insolvencies at the end of October stood at 63,002 companies, a figure down by 0.9% over the last 12 months. This is the lowest level recorded since August 2013. However, the financial cost (total of trade payables over 12 month) has increased slightly (+0.5%), due to the recent insolvencies of medium-sized enterprises (MSE).
Contact
Anushka VALLABH
Marketing and Communication
Anushka VALLABH
T : +27 (0) 11 244 9312
anushka.vallabh@coface.com
