QUARTERLY INDUSTRY NORM STATISTICS PUBLISHED

Statistics South Africa is the source used to determine the Net Profit After Tax (NPAT) for calculating the targets for Enterprise Development, Supplier Development and Socio-Economic Development.

The latest statistics were published at the end of September, applicable to the third quarter of 2022.

On 30th September 2022, the most recent set of statistics was released. The statistics in this version will be for the 2nd quarter of 2022.

Any B-BBEE Verification from hereon would most commonly apply the latest Industry Norm published by Statistics South Africa. For example, if a B-BBEE Verification takes place in October 2022, the latest published stats to be used would be those posted on 30th September 2022.

Technical Compliance Services is available to guide members in calculating their NPAT.