The final assessment is now being made in the global markets. Some foreign investments are beginning to flow back into South Africa. Since the beginning of this year, non-residents have again increased their holdings of South African bonds by almost R4 billion. The world financial markets are returning to a situation of more stability.
In recent years, the 4/5  BIS central bankers' speeches  annual establishment death rate has been around 8.5 percent. 3 See Leland Crane, Ryan Decker, Aaron Flaaen, Adrian Hamins-Puertolas, and Christopher Kurz  (2020), "Business Exit during the COVID-19 Pandemic: Non-Traditional Measures in Historical Context," Finance and Economics Discussion Series 2020–089 (Washington: Board of Governors, October). 5/5  BIS central bankers' speeches