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HET

HET. PRESENTATION TO THE PORTFOLIO COMMITTEE ON HIGHER EDUCATION AND TRAINING (PCHET) PARLIAMENT OF SOUTH AFRICA, CAPE TOWN 07 November 2012. HET. 2011/12 ANNUAL RESULTS. HET. STATEMENT OF FINANCIAL PERFORMANCE. HET. STATEMENT OF PERFORMANCE. HET. STATEMENT OF PERFORMANCE.

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  1. HET PRESENTATION TO THE PORTFOLIO COMMITTEE ON HIGHER EDUCATION AND TRAINING (PCHET) PARLIAMENT OF SOUTH AFRICA, CAPE TOWN 07 November 2012

  2. HET 2011/12 ANNUAL RESULTS

  3. HET STATEMENT OF FINANCIAL PERFORMANCE

  4. HET STATEMENT OF PERFORMANCE

  5. HET STATEMENT OF PERFORMANCE • Increase in revenue: Received 8% vs 5% projection • for 2011/12 : • Average salary increase in the sector of about 10%; • Wholesale & Retail levy paying companies growth (ex Fuel Retailers) = 12%; • Fuel Retailers contribution = 4.3%

  6. HET STATEMENT OF PERFORMANCE • Increase in expenditure: • Mandatory Grants increase – 19%; • Discretionary Grants increase - 123%; • (Total Discr. Grant Exp. = R354m - highest in years) • Part of contribution from new Bursary Scheme for • 1000 1st and 2nd year students = 21%; and the • Unemployed Youth Assistance Programme • = 35% of expenditure

  7. HET STATEMENT OF FINANCIAL POSITION

  8. HET STATEMENT OF POSITION

  9. HET STATEMENT OF POSITION • Decrease in cash is due to: • Increase in expenditure i.e. Discretionary grants; • Resulting in 5% lower interest income: • Current liability decreases are mainly due to a reduction in • payables from non-exchange transactions (73% lower)

  10. Labour MANDATORY GRANTS • Number of People Trained = 338 240 (2011/2012) • Top Training interventions: • Sales Persons, Assistants and Reps. • Retail Managers / Store Managers • Cashiers – Skilled Workers; • General Admin & Finance • Store Persons (packer, shelve packer, driver) • Office Cashiers, Merchandisers • Debtor’s Clerk and Collector

  11. Labour MANDATORY GRANTS Companies participating in Mandatory Grants 2011/2012

  12. Labour MANDATORY GRANTS Mandatory Grants disbursement of R 302m -2011/2012 Mandatory Grant disbursement performance

  13. Labour MANDATORY AND DISCRETIONARY GRANTS 12 YEARS Total Levies Received R4bn vs Disbursement of R3.6bn Grant disbursement performance

  14. HET SLA ACHIEVEMENTS

  15. HET SLA ACHIEVEMENTS • DISCRETIONARY GRANTS • 5 876 learners - enrolled on Learnerships (73% NQF Level 2) • Target = 1500 ( over achievement due to delayed registration of • project approved in the previous year). • 2 774 learners Qualified in learning programmes – • Target = 1500 – Extra learners are rolled over from the previous year. • Completions: • 1 986 learners – Learnerships (74% NQF Level 2) • 788 learners – Skills Programmes

  16. HET SLA ACHIEVEMENTS • The improvement in Mandatory Grants expenditure was due • to increased levies and ATRs / WSPs submitted; • ATRS/WSPS from all companies increased from 5 564 • (2010/2011) to 7 683(2010/2012) • ATRs / WSPs from small companies increased (2010/2011) • to 6 654 (2010/2012) from 4 444 • Increase in small companies due to new Fuel Retailers

  17. HET DISCRETIONARY GRANTS • Discretionary Grants approved of R 636m -2011/2012 • 48 Projects approved – Total allocation R803m

  18. HET CURRENT KEY STRATEGIC PROJECTS International Leadership Development Programme (R 13,8m) Objective: accelerate leadership skills of 40 senior managers through exposure to local and international exposure - Achieved = 38 completed Retail Management Development Programme (R 10m) Objective: develop management skills of 200 managers / supervisors. Feeder programme to ILDP Achieved = 207 Registered 2011/12 Discretionary Grant Funding Windows(R 327m) Objective: implement various initiatives (learnerships, AET, rural development, etc.) through grants to 280 stakeholders to benefit 20,000 employed and unemployed learners - Current Status – Registration 31/10/12  14,812 SADDT Disability Project (R30m) Objective: Provide skills development opportunities for 420 people with disabilities - Achieved = 268 Learners registered.

  19. HET CURRENT KEY STRATEGIC PROJECTS NSFAS Bursary Scheme (R 185m) Objective: provide financial assistance and workplace experience to 2000 students through NSFAS in response to Minister of Higher Education and Training’s call - Achieved 417 W&RSETA Bursary Scheme (R 153m) Objective: provide financial and workplace experience to 2667 university and FETC in order to address scarce and critical skills in the sector - Achieved – 1000 1st years registered at HETs; 1667 not achieved - Current status – Registrations – FET = 636; HETs = 646  1009 Registrations (after 31/03/2012). SMME Voucher System (R 32m) Objective: provide training vouchers to 8 000 SMMEs to implement training interventions to address their specific needs – Achieved – 8 235

  20. HET CURRENT KEY STRATEGIC PROJECTS SMME Support : WSP / ATR : Objective: To assist 7 000 small companies in completing the WSP and ATRs for accessing Mandatory Grants and other SETA programmes – Achieved = 7 683.

  21. HET AG’s REPORT

  22. HET 2011/12 ANNUAL REPORT AUDITOR – GENERAL’s REPORT Qualified opinion – Confirmation of the completeness and accuracy of the balance of contracted grant commitments

  23. HET 2011/12 ANNUAL REPORT • Emphasis of Matter: • Predetermined Objectives; • Usefulness of information; • Compliance with laws and regulations; • Internal Control.

  24. HET • Poor participation by companies particularly SMMEs leading to high • cash reserves; • Availability of workplaces to host learners and unemployed graduates; • Establish sustainable partnerships with all relevant stakeholders; • Rural development initiatives; • Lack of W&R programmes in FET and HET institutions; CHALLENGES/OPPORTUNITIES

  25. HET Thank You

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