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BANKSETA ANNUAL GENERAL MEETING 2005. 21 September 2005. OPENING AND WELCOME TREVOR RAMMITLWA CORPORATE SERVICES MANAGER, BANKSETA . BANKSETA AGM AGENDA (14h00-16h00). 1 . Opening and welcome – Trevor Rammitlwa 2. Apologies – Trevor Rammitlwa
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BANKSETA ANNUAL GENERAL MEETING 2005 21 September 2005
OPENING AND WELCOME TREVOR RAMMITLWA CORPORATE SERVICES MANAGER, BANKSETA
BANKSETA AGM AGENDA (14h00-16h00) • 1. Opening and welcome – Trevor Rammitlwa • 2. Apologies – Trevor Rammitlwa • 3. Minutes of previous AGM and matters arising – Trevor Rammitlwa • 4. Chairman’s report – Sipho Ngidi • 5. CEO’s Report - Frank Groenewald - Approval of Financial Statements 2004/5 - Approval of Annual report • 6. Introduction of new Council Members • 7. BANKSETA Highlights • 8. General – Trevor Rammitlwa • 9. Closure – Trevor Rammitlwa
APOLOGIES TREVOR RAMMITLWA: CORPORATE SERVICES MANAGER, BANKSETA
MINUTES OF PREVIOUS AGM & MATTERS ARISING TREVOR RAMMITLWA: CORPORATE SERVICES MANAGER, BANKSETA
BANKSETA ANNUAL GENERAL MEETING 2005 CHAIRMAN’S REPORT Sipho Ngidi CHAIRMAN, BANKSETA
BANKSETA ANNUAL GENERAL MEETING 2005 CEO’S REPORT Frank Groenewald CEO, BANKSETA
BANKSETA Guiding Principles • Social Transformation • Sector participation • Be cost effective • Leading edge technology and best practices • Research and Benchmarking • Be a hub for sector participation
Overview - BANKSETA # Income adjusted for changes in estimates in respect of previous years
Mandatory grants • Total mandatory grants approved to date: R501,316 million
Surplus funds – Projects • Total surplus funds allocated: R162,2 million • Total surplus funds spent: R107,3 million
BANKSETA Council • Employer Forum • Sipho Ngidi SBSA (Chair Person) • Lawrence Mlotshwa ABSA • Sheila Motsepe SARB • Bennie Anderson FNB • Hennie Ferreira MFSA • Shirley Zinn Nedcor • Employee Forum • Eugene Ebersohn SASBO (Deputy Chair) • Ben Venter SASBO • Eugene Zeeman IBSA • Joe Kokela SASBO • Trevor Dell SASBO • Vanessa Hatting SASBO
BANKSETA HIGHLIGHTS
The BANKSETA was • re-established • as the • Sector Education Training Authority for the Banking and Micro Finance industry until 2010.
Current status • Sector Commitment • Re-establishment process • NSDS • DoL assessment
LEARNERSHIPS • 16 Learnerships registered (10 more in process) • Banking sector employers participating in 22 Learnerships including 7 learnerships registered by other SETAS • 30 Employers participating in various learnerships • Employed learners on learnerships increased with 3777, now total of 4056 • Unemployed learners on niche learnerships increased by 71% to 406 • In addition to this, the Letsema Project recruited 1639 unemployed youth
LETSEMA I LEARNERSHIP PROJECT • Letsema I learners graduated on 19 March 2005 • 709 of original 826 completed • - 86% completion rate • 582 employed • - 70% employment rate • 8 Employers participated • Project Cost R54 580 000-00
LETSEMA II LEARNERSHIP PROJECT • Letsema II recruited 813 learners • Learners placed in Gauteng, Free State, KZN and Western Cape • 22 participating Employers • Budget R46 million
SMME TRAINING VOUCHER PILOT PROJECT • Project Successes • Increase in SMME Participation to 28 % • 161 Small Companies benefited • 323 Learners received training • Workplace Skills Plan submissions increased by 14% • Training Vouchers Redeemed R837 606.00
BANKSETA STRATEGIES 2005 - 2010 • The implementation of the Financial Sector Charter • SMME Development • Youth Development • Consumer Education and research • Benchmarking and communication
GENERAL AND CLOSURE TREVOR RAMMITLWA : CORPORATE SERVICES MANAGER, BANKSETA
BANKSETA THORNHILL OFFICE PARK BLOCK NO. 15 BEKKER ROAD MIDRAND 1685 TEL 011 805 9661 FAX 011 805 8348 WEBSITEwww.bankseta.org.za