Sidestepping the billion rand Y2K problem
No convincing estimate appears to have been published of what it will cost South Africa to get rid of the millennium bug, but Ernst & Young CSI managing director Hans Visser speculates the bill will reach well over R1 billion.
Visser said it is going to cost R90 billion to solve the world`s problem and the cost to us, taking into account our market size, could hardly be less than R900 million.
"However, when First National Bank says its 2000 project is expected to cost about R130m alone, R900 for the whole country looks more than a little light," Visser said.