THE SECTORS: INFORMATION COMMUNICATIONS TECHNOLOGY
SECTOR CODE OVERDUE FOR A REFRESH BY LYNETTE DICEY
INFORMATION AND COMMUNICATIONS TECHNOLOGY LEVEL 4 % of target achieved
ICT
Target
120,0
80,45 53,91
61,75
74,52
80,0
60,0
87,41
100,0
40,0
20,0
Black Ownership: Equity Ownership
Management and Control
Skills Development
Information and communication technology evolves rapidly and empowerment regulations are struggling to keep up, resulting in a mismatch between the code’s requirements and the industry’s needs, such as those related to the fourth industrial revolution (4IR).
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Enterprise and Supplier Development
SocioEconomic Development
The ICT sector code was published in 2012 and amended in 2016. The sector charter council concedes that it’s a tough code to comply with given that it sets high targets for ownership, management control, enterprise and supplier development and socioeconomic development compared to most codes, including the generic codes – and even though more points are available.