Looming jobs catastrophe calls for urgent reforms – IRR

8 April 2020 - Mounting strain on South African businesses – underlined by the South African Reserve Bank’s estimate that the 21-day lockdown could cost at least 370 000 jobs and lead to 1 600 businesses going under – requires urgent government action aimed at mitigating the devastating economic impact of the Covid-19 crisis, says the Institute of Race Relations (IRR)