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THE

BEECHAMBER

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NEWS

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 2023. The statistics in this version will be for the 2nd quarter of 2023.


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 November 2023, the latest published stats to be used would be those posted at the end of September 2023.


Technical Compliance Services are available to advise members on how to calculate targets for Enterprise Development, Supplier Development and Socio-Economic Development.

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