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 December 2022. The statistics in this version will be for the3rd 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 January 2023, the latest published stats to be used would be those posted during December 2022.
Technical Compliance Services is available to guide members in calculating their Targets.