According to Statistics South Africa, more than 1,020 companies have had to shut down in 2024.
This year was not great for these companies as they were forced to admit their financial failures and went bust in 2024. the JSE -listed electrical products retail company
The BRPs had concluded there was no reasonable prospect of Ellies being rescued. The company imports manufactures and sells electrical equipment and does solar installations. The shoe brand was taken to court by Wideopen Platform, a company that specialises in large-impact advertising for unpaid services.
The workers did not want to be identified and said that the founder, Lekau Sehoana failed to inform them about what was happening.
Drip Footwear Smd Technologies Jumia Technologies South Africans Statistics South Africa Ellies Brp Jse Brps Zando Tunisian Elektra Kingsons Rocka Amplify Bounce Nigeria Sa Volkano Iol Business Kim Warren High Court Wideopen Johannesburg Wideopen Platform Kwa Attorneys
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