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THE

BEECHAMBER

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NEWS

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QUARTERLY INDUSTRY NORM STATISTICS PUBLISHED

Uncover the latest industry norm statistics for 2nd quarter 2024 from Statistics South Africa, crucial for business development and B-BBEE verification.

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 during September 2024. The statistics in this version will be for the 2nd quarter of 2024.

 

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 2024, the latest published stats to be used would be those posted during September 2024. 

 

Technical Compliance Services are available to guide members in calculating their Targets.

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