
B-BBEE
How is Net Value calculated, and what are the formulae utilised?
1. The Revised Codes stipulate that: 1.1. Net Value must be valued as the lesser of two formulae. 1.2. Formula A is a step function with a target of transferring 25% of unencumbered Equity Value (Deemed Value) to black shareholders by the end of the eight-year The sub-minimum of 40%