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Eastern Cape gets R12-billion injectio... Manuel computes cost of 2000 conversio... Job figures show up ANC's poor track re... Greenspan puts the skids on gol... Signs of a splutter in vehicle sale... Labour counts the cost of new world or... Prices could put SA up with the global p... Bilateral agreement is back on trac... |
Manuel computes cost of 2000 conversionFINANCE Minister Trevor Manuel this week estimated that converting the country's computer infrastructure to be millennium compliant could cost around R21-billion. In a written reply to a parliamentary question, Manuel said SA had done no independent impact analysis but had 10% of the computer infrastructure of Britain, which estimated costs at £3-billion. "An estimate of the costs to the SA economy of some R21-billion would be reasonable," he said. Parliament's public accounts committee this week noted with concern the possible disruptive implications of non-compliance for public sector institutions. It asked the Department of Finance to determine cost implications before next year's budget. The committee said in a resolution that the budget was the last opportunity to make provision for computer adjustments to deal with the advent of 2000. - Reuters
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