Isett Seta Annual Report Portfolio Committee on Education 1 Presentation of the Isett Seta Annual Report 2009 / 2010 to the Portfolio Committee on Education 10 November 2010

INTRODUCTION OF DELEGATES 1 Mr. Lesaiye Chiloane: Chairman Mr. Oupa Mopaki: CEO Mr. Jabu Sibeko: Senior Manager for Learning Programmes Mr. Menzi Fakude: CFO

Contents Overview Staff compliment NSDS targets vs actual 1 Overview Staff compliment NSDS targets vs actual No. of unemployed people who have entered learning programmes

Contents No. of learners provincially 1 No. of learners provincially No. of learners assisted to gain work experience No. of interns provincially Accredited training providers provincially

Contents Statement of financial performance 1 Statement of financial performance Statement of financial position Emphasis of matter Auditor General’s report Questions and Answers

Overview 1 NSDS 2009 - 2010 The Isett Seta has indeed continued to live up to its mission statement by providing learning and employment opportunities to 1, 452 unemployed learners during the year under review. This is in addition to the 1, 368 unemployed learners who were skilled in the first three years of the National Skills Development Strategy.

Isett Seta Staff Compliment as at 31 March 2010 Level Black White Coloured Indian Total M F CEO 1 Senior Management 2 3 Middle Management Regional Coordinator Officers Advisors 4 Administration Staff 8 10 18 16 (46%) 12 (39%) 3 (9%) 2 (6%) 32 (100%)

NSDS Targets vs Actual Indicator Target Actual 1.1 1 x Sector Skills Plan 1.2 1 x Critical Skills Guide 200 Skills Development Facilitators (SDF) trained 3,501 SDFs trained 2.1 94 large firms 123 large firms 147 medium firms 194 medium firms 2.2 738 small firms 1,429 small firms

Indicators 2.1 and 2.2 Trends 1

NSDS Targets vs Actual Indicator Target Actual 2.5 1 NSDS Targets vs Actual Indicator Target Actual 2.5 7 BEE firms to participate in Skills Development (SD). 14 BEE firms participated in SD. 2.7 1,333 ABET learners to complete. 2,065 ABET learners completed. 2.8 1,479 employees to enter Learning Programmes (LPs). 1,935 employees entered LPs. 1,225 to complete LPs. 1,848 completed LPs.

NSDS Targets vs Actual Indicator Target Actual 3.2 1 Indicator Target Actual 3.2 6 Non Levy Paying Entities to participate in SD. 8 FET Colleges participated in SD. 4.1 264 learners to enter Learning Programmes (LP). 1,452 learners entered LP. 577 to complete LP. 1,368 completed LP.

NSDS Target 4.1: No. of Unemployed People who have entered learning programmes   Target Achieve-ment No. of unemployed people who have entered learning programmes 264 1,452 No. of black unemployed people 213 1,433 No. of female unemployed people 112 853 No. of unemployed people with disabilities 10 88 No. of young people (below 35 years) 215 1,357

No. of Learners Provincially 1 Province No. of Learners Gauteng 1,134 KwaZulu-Natal 30 Western Cape 99 Limpopo 50 North West 39 Mpumalanga 100 Total 1,452

NSDS Targets vs Actual Indicator Target Actual 4.2 1 Indicator Target Actual 4.2 157 learners to gain workplace experience 515 learners gained workplace experience 145 to be employed 250 were employed

Indicator 4.2: No of Learners assisted to gain work experience 1   Target Achieve-ment No. of learners assisted to gain workplace experience grants 157 515 No. of black learners 133 No. of female learners 72 255 No. of learners with disabilities 11 No. of young people (below 35 years)

No. of Interns Provincially 1 Province No. of Learners Gauteng 294 Limpopo 62 North West 27 Free State 4 KwaZulu-Natal 40 Western Cape 49 Mpumalanga Eastern Cape 35 Total 515

NSDS Targets vs Actual Indicator Target Actual 4.3 1 Indicator Target Actual 4.3 54 learners to start new businesses 145 learners started new businesses 38 in business after 12 months 74 were in business after 12 months

NSDS Targets vs Actual Indicator Target Actual 5.1 1 Institute of Sectoral or Occupational Excellence (ISOE) to be recognised 2 ISOEs were recognised 5.2 4 institutes to be accredited to provide New Venture Creation Qualification 7 institutes were accredited

Accredited Training Providers, 2009 / 2010

Statement of Financial Performance 1 2009/10 R'000 2008/9 R'000 Skills Development Levy (Income, Interest & Penalties) 361,520 321,709 National Skills Fund income - 1,283 Donor Funding income recognised 10 16 Investment income 16,930 17,730 Other income 40 Employer grant and project expenses (281,875) (222,520) Administration expenses (27,593) (28,946) Finance costs (53) (124) National Skills Fund expenses (1283) Donor Funding expenses (10) (16) NET SURPLUS FOR THE YEAR 68,969 87,849

Statement of Financial Position 1 2009/10 R'000 2008/9 R'000 Non-current assets 1,592 2,156 Current assets 263,348 195,157 Non-current liabilities (40) (447) Current liabilities (34,586) (35,521) NET ASSETS 230,314 161,345 Net Assets represented by: Administration reserve 1,522 1,981 Employer grant reserve 255 558 Discretionary reserve 288,537 158,806

Emphasis Of Matter (AG’s Report) 1 Significant Uncertainties As disclosed in note 20.2 to the financial statements, there were two pending litigation cases against the Isett Seta at 31 March 2010, of which the outcomes were unknown at the date of this report.

Emphasis Of Matter (AG’s Report) 1 Restatement of corresponding figures As disclosed in note 24 to the financial statements, the corresponding figures for 31 March 2009 have been restated as a result of errors discovered during 2009-10 in the financial statements of the Isett Seta for the year ended 31 March 2010.

Auditor General’s Report 2009/10 Unqualified Audit Opinion

Q & A Questions and Answers 1 Questions and Answers

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