BANKSETA ANNUAL REPORT 2023

PERFORMANCE INFORMATION

Name of the Programme 3.13 SME and CFI Funding Window

Purpose of the programmne

The purpose of this programme is to support small enterprises and Cooperative Financial Institutions who are registered with the BANKSETA through funding scarce and critical skills to sustain and grow these institutions. The purpose of this project is to equip SMEs businesses to have the necessary business skills to sustain their businesses and/or supporting new businesses by registering learners on various skills programmes with the purpose of growing SME businesses. The purpose of the programme is to provide skills support to participants in rural development areas. The purpose of this programme is to provide training to participants on a management development programme targeting participants with a potential to occupy Executive management positions in the banking and alternative banking sector. The purpose of this programme is to provide funding for Employed and Unemployed learners to pursue their Doctoral and Post-Doctoral Studies. The purpose of this programme is to support the Economic Reconstruction and Recovery Plan (ERRP).

3.14 Entrepreneurship Programme

3.15 Rural Areas focused Training 3.16 Executive Development Programme: Development Finance 3.17 Doctoral and Post-Doctoral bursaries

3.18 ERRP Programme (Accelerated Employment Programme)

Programme 3 contributes towards the following institutional outcomes:

•

Linking education and the workplace;

• Identify and increase the production of occupations in high demand; • Support career development services; • Improving the level of skills in the South African workforce; and • Skills development support for entrepreneurship and cooperative development.

Outcomes, outputs, output indicators, targets and actual achievement

BANKSETAs programmes for unemployed youth links education and the workplace and provides unemployed youth not only with a qualification relevant to the banking and alternative banking sector but also with work experience to enable them to find employment post completion. To identify and increase skills for occupations in high demand, BANKSETA awarded more than 1 800 bursaries to unemployed youth to study at public universities. The successful implementation of the entrepreneurship project supported skills development for entrepreneurship and cooperative development and saw 503 delegates trained and mentored. In support of the Presidential Youth Employment Initiative (PYEI), BANKSETA placed more than 700 TVET learners in workplaces as well as implemented a national internship project for 4 500 unemployed youth. Women, youth and persons with disabilities are prioritised for learning programmes. Here the targets set for woman and youth were achieved; however the SETA will have to do more work to achieve the target set for persons with disabilities.

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BANKSETA ANNUAL REPORT 2022/23