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July 10, 2012

Comments

Richard Ferrer

In the ICT charter Socio-Economic Development becomes cheaper per BEE point: From 1% of NPAT for 5 points to 1.5% of NPAT for 12 points.
On the other hand Enterprise Development becomes more expensive: From 3% of NPAT for 15 points to 5% of NPAT for 11 points.
Judged by the criteria that the DTI should be encouraging the development of small business this looks like insanity - or am I missing something profound?

Paul Janisch

No you're smack on the money here. Even though this is completely nonsensical I think the industry might go for it because of the other elements.

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