Reality check as insolvencies are set to rise

Insolvencies in South Africa will increase by 10% next year and‚ globally‚ the six-year trend of a decline in insolvencies will come to an end as a result of instability in emerging markets. Among factors contributing to insolvencies in South Africa were a contraction in gross domestic product‚ uneasy labour relations‚ electricity disruptions‚ in addition to weak international commodity prices‚ China’s slowdown that affects exports‚ the drought which affects agricultural output and may result in...