Global Insolvency Surge to Filter Into South Africa – Allianz – Moonstone Information Refinery
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Global insolvency surge to filter into South Africa – Allianz – Moonstone Information Refinery
South African business insolvencies are expected to stabilise in 2026 before increasing modestly in 2027, within a global environment in which the Middle East conflict is affecting energy markets, inflation, financial conditions, and business confidence, according to Allianz Trade’s latest Insolvency Report. The trade credit insurer forecasts local insolvencies will move from 1 534 cases in 2025 to 1 540 in 2026 and 1 590 in 2027, reflecting a s…
In Poland, Lithuania's second largest export partner, the number of insolvent businesses increased by almost 18% last year. This is the largest jump in the region, according to the international risk management company Coface. In Germany, the third most important export partner, the number of insolvent companies increased by a tenth. Economists do not expect shocks in either Poland or Germany. However, Lithuanian companies that depend on the pay…
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