The number of companies and close corporations in KwaZulu-Natal had skyrocketed from 8654 in 2002 to 39364 in 2008, but 8000, or 20%, of these had closed down last year due to the economic downturn, said Clive Coetzee, an independent economist in Pietermaritzburg. The figures were provided by the Companies and Intellectual Property Registration Office, […]