Manuel computes cost of 2000 conversion
FINANCE 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