Latest from the Institute
The South African Institute of Race Relations wishes to express its sadness at the death of the former president, Nelson Mandela, and its condolences to Mrs. Graca Machel and other family members.
The Government - or at least one part of it - appears once again to be trying to get control of independent organisations in civil society.
On behalf of the American business community in South Africa, the American Chamber of Commerce in South Africa last night presented the Amcham Leadership Award for 2013 to the South African Institute of Race Relations. The award recognises the Institute's "outstanding contribution to economic growth, business dialogue, and strengthening democratic processes". The citation appears below.
Press Release: IRR chief economist on the release of the third quarter's GDP growth rate - 26th November 2013.
IRR chief economist Mr Ian Cruickshanks says that the mediocre Gross Domestic Product (GDP) growth rate of just 0.7% in the third quarter of 2013 is a result of operating inefficiencies in the South African economy.
John Kane-Berman, the CEO of the IRR, argues that the DA's reversal of support for aspects of the Employment Equity Bill are to its credit. He warns, however, that the ANC should not gloat about this as it will soon have to follow suit.
Annual South African mirror briefing by John Kane-Berman, the Chief Executive of the South African Institute of Race Relations in Pretoria on 1st November, Johannesburg on 5th November, and Cape Town on 7th November 2013.
IRR chief economist, Ian Cruickshanks, has said that the Governor of the South African Reserve Bank (SARB), Ms Gill Marcus, may still prove to be overly optimistic in her GDP growth forecast for 2013. This is despite the forecast having been revised down from over 3% a year ago to 1.9% in the SARB’s Monetary Policy Committee (MPC) statement today.
Research and Policy Brief: Changing the Empowerment Goalposts: Major Shifts to Employment Equity and Black Economic Empowerment Rules - 12th November 2013.
Major changes to employment equity and black economic empowerment (BEE) rules are soon to take effect. Far from providing redress for apartheid’s wrongs, these will damage the poor majority by imposing penalties and overall compliance costs high enough to drive many small firms out of operation. This will reduce jobs, deter entrepreneurship and investment, and further hobble the economy. Apartheid’s victims would be far better served by putting economic growth before redistribution, as a different way of dividing up the existing economic pie will never be enough to meet the needs of a growing population.
The IRR has appointed Mr Ian Cruickshanks as its chief economist.
John Kane-Berman argues that the Democratic Alliance's policies are moving closer to that of the tripartite alliance's.