BANKSETA ANNUAL REPORT 2023

PERFORMANCE INFORMATION

Performance Information: Consistency of Indicators BANKSETA wishes to draw the reader’s attention to the indicators reflected in the table below to ensure the accuracy of information and usefulness of the report in respect of performance information. Errors in the annual performance plan (APP) for 2022/23 have been identified and the table below aims to provide consistency between the annual performance plan and the annual performance report with regards to the APP output indicators below. The nature in which the data was collected, processed and reported in the annual performance report is not negatively impacted.

APP planned target 2022/2023: Output Indicators, Annual and Quarterly Targets Conduct an annual review of Strategic Plan and APP as prescribed by the relevant planning frameworks and submit the plans for approval the Board Quarterly reports submitted to DHET, and National Treasury within 30 days from the end of the quarter

APP planned target 2022/23: MTEF Period Conduct an annual review of Strategic Plan and APP as prescribed by the relevant planning frameworks and submit the plans for approval by the Board Accounting Authority, DHET and National Treasury on or before the set due dates Quarterly reports submitted to the Accounting Authority approval and submit to DHET, NT and Parliament by due dates “Investors in People” recognition retained at “Established status” maturity level Produce AR and submit to AGSA for audit, obtain

APR planned Target 2022/23

APP Output Indicator 1.1.1 Reviewed SP and APP

No. APP Output 1 Conduct an

Conduct an annual review of Strategic Plan and APP as prescribed by the relevant planning frameworks and submit the plans for approval by the Board Quarterly reports submitted to the Accounting Authority, DHET and National Treasury on or before the set due dates Accounting Authority approval and submit to DHET, NT and Parliament by due dates “Investors in People” recognition retained at “Established status” maturity level Produce AR and submit to AGSA for audit, obtain

annual review of SP and APP

2 Quarterly reports

1.1.2 Number of quarterly implementation reports

submitted to the Accounting Authority, DHET and National Treasury on or before the set due dates

3 Produce

1.1.3 Accounting Authority approved and Audited Annual Report

Produce AR and submit to AGSA for audit and to NT and DHET by due dates

and obtain Accounting Authority’s

approval of the AR and submit to AGSA for audit and to NT and Parliament by due dates

4 Retain

1.2.1 “Investors in People” recognition retained

“Established status” achieved with recommendations for improvement

“Investors in People” status

5 Conducting Survey on employee satisfaction

1.2.2 Employee satisfaction index

Score of 3.5/5

Achieve 3.5 score on employee satisfaction index

Score of 3.5/5

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PART B: PERFORMANCE INFORMATION | BANKSETA ANNUAL REPORT 2022/23