Business insolvencies to remain as long as GDP growth is subdued – Euler Hermes

Business insolvencies to remain as long as GDP growth is subdued – Euler Hermes
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Credit insurance company Euler Hermes expects business insolvencies in South Africa to increase by about 2% this year, following a 3% increase in 2018.

The company stated on Tuesday that this was the first outright deterioration since 2009 and the global financial crisis.



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