BANKSETA AR 31 AUGUST

PERFORMANCE INFORMATION

Strategy To Overcome Areas Of Under Performance

All the indicators in this programme were met and, in some instances, exceeded.

Linking Performance with Budgets

2020/2021

2021/2022

Programme/ Activity/ Objective

Actual Expenditure

(Over)/Under Expenditure Budget

Actual Expenditure

(Over)/Under Expenditure

Budget

R’000

R’000

R’000

R’000

R’000

R’000

Mandatory Grant

153 469

133 739

19 730

177 843

194 101

(16 258)

Programme 3: Learning Programmes Purpose: To implement a range of interventions by entering into agreements between SETAs, qualifying employers, and skills development service providers to deliver appropriate interventions to support the provision of substantial-quality programmes for employed workers, unemployed youth, TVET and university students, co-ops, SMEs, NGOs resulting in the ability of the beneficiaries to adapt to changes in the labour market and measure and report on the impact of the interventions. All BANKSETA programmes are diverse, that is, they include women, men, youth, and people with disabilities. The budget allocated to this programme will directly impact on performance targets through the budget being utilised towards: • Optimal human resources to implement programme targets (administration budget) • Implementation of marketing and communication plan (project administration budget) The BANKSETA performance under this programme is captured below:

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PART B: PERFORMANCE INFORMATION | BANKSETA ANNUAL REPORT 2021/22