Let’s take a trip down memory lane to remember the iconic South African businesses that, unfortunately, no longer exist. 8 South African Businesses that No Longer ExistA recent string of liquidations and business rescue applications has put the spotlight on the country’s business conditions. The company hasn’t officially closed, but there are no more outlets after entering business rescue in 2021. There were Showmax originals, movies and shows built for the platform, but after 10 years of operation it officially closed on 30 April 2026. But for a generation of South Africans, it would be considered the iconic business.