BANKSETA AR 31 AUGUST

Comments for Noting

It must be noted

that BANKSETA received

performance

information for an additional

1308 learners

in 2021/2022.

However due to

the learners having enrolled in the

previous financial

year they are not included in the

reported figure. Of the 1266

learners enrolled, 954 enrolled in learnerships,

92 enrolled in

bursaries, and 220 enrolled in Skills Programmes

Reasons for Deviations

3 607 3 689 2 916 1 266 -1 650 The funding

process to

fund employers for learners

on PIVOTAL

Programmes were

implemented too late in

the 2021/22

financial year

and therefore this target

has not been achieved.

BANKSETA

will allocate

funding earlier

in the 2022/23

financial year

improve on this programme

implementation

from Planned Target to Actual

Deviation

Achievement 2021 - 2022

Actual

Achievement

Planned Annual Target

Audited Actual Performance 2020 - 2021

Actual

Audited

Performance 2019 - 2020

Output

Indicator

Number of learners

enrolled in the

programme of which: 1250 employed

Learnerships

enrolled 1300 Bursaries entered

366 Skills

Programmes

Annual Performance Report for the Period 1 April 2021 to 31 March 2022 Outcome Output Recruitment of learners for the programme

Improving

the level of

skills in the

South African workforce

3.11 PIVOTAL Grant Funding Window

58

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