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Welcome to the second Annual General Meeting of the MICT SETA 20 November 2013 p resentation on www.mict.org.za. NSDS Target. Target. AGENDA. NSDS Target. Target. AGENDA. DVD. NSDS Target. Target. Chairperson’s Opening Remarks. NSDS Target. Target.
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Welcome to the second Annual General Meeting of the MICT SETA 20 November 2013 presentation on www.mict.org.za
NSDS Target Target AGENDA
NSDS Target Target AGENDA
NSDS Target Target Chairperson’s Opening Remarks
NSDS Target Target Performance Information on Predetermined Objectives
NSDS Target Target … continued
NSDS Target Target … continued
NSDS Target Target … continued
NSDS Target Target … continued
Governance – MICT SETA Accounting Authority/Board Target • Skills Development Act No 97 of 1998 as amended • Skills Development Levies Act No 9 of 1999 • Public Finance Management Act No 1 of 1999 • Treasury Regulations • Governed in terms of the MICT SETA Constitution • MICT SETA Board Charter
Governance – MICT SETA Accounting Authority/Board Target The Board is established in terms of section 11 of the Skills Development Act of 1998 as amended and the SETA constitution • Organised Labour • Organised Employers • Government Departments • Any interested professional body or bargaining council
Governance – MICT SETA Accounting Authority/BoardSub-committees Target Board sub-committees • Audit and Risk Committee • Finance and Remuneration Committee • Executive Committee
NSDS Target Target Annual Financial Statements for the year ended 31 March 2013 Tumelo Mokoena: Acting Manager: Finance
NSDS Target Target Financial Highlights and Trends
NSDS Target Target Financial Highlightsand Trends
NSDS Target Target Financial StatementsSummary
NSDS Target Q&A
DISCRETIONARY GRANTS APPLICATION PROCESS Submission of Letter of Intent (LoI: PIVOTAL/Non PIVOTAL) Desktop confirmation of accreditation of the training provider by ETQA Desktop verification of Levy Contribution by SSP Desktop approval of vetting process by Snr Manager - LPD
DISCRETIONARY GRANTS APPLICATION PROCESS Site Vetting of Employer by LPD Advisor DG Committee recommend to CEO for approval Approval/Disapproval of recommendation by CEO Budget allocation, drafting and signing of Service Level Agreement (SLA) Notification of application outcome.
MANDATORY GRANTS PROCESS ATRs and WSPs submissions Payment of skills development levies by employers to SARS ATRs and WSPs evaluation and approvals Receipt of DHET levy reports and upload on the MICT SETA SMS Mandatory Grants payment report from the SMS for verification and approval purposes Mandatory Grants payment on a quarterly basis
NSDS Target Target Q&A www.mict.org.za
Thank You! Wishing you a wonderful festive season and a prosperous new year!