The Institute of Race Relations (IRR) will this week be investigating the destructive effects of fake transformation policies like BEE, employment equity race and gender quotas, and property rights uncertainty on the ability of South African companies to invest and create jobs. True transformation is deferred and denied while fake transformation enriches those at the top even further.”Recent media reporting about the cost of compliance for doing business in South Africa exposes the enormous burden holding local companies back. Instead of thousands of value-add jobs, South African companies are forced to squander precious resources on unnecessary and destructive compliance measures. Maja adds: “In a healthy economy, jobs add value that boost growth to create even more jobs. “Sadly, many South African companies are held hostage by the fake transformation policies that are inhibiting job-creating growth.