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IRR to investigate reasons for companies divesting or downsizing | SA News

Perturbing headlines of recent months point to mounting job losses resulting from companies cutting back their operations or leaving the country entirely.

What led to these business decisions – and what might have averted the cutbacks and divestment – are the key questions the Institute of Race Relations (IRR) will be putting to companies which have either downsized or left the country in the past five years.

Says Makone Maja, IRR Strategic Engagements Manager: “The losses in businesses and ultimately jobs from an already fragile economy represent a devastating forfeiture in livelihoods and the ability of families to provide for themselves. They also tell a deeper story about the…

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