Welcome

Presentation of the

Isett Seta Annual Report

2008 / 2009 to the

Annual General Meeting (AGM)

19 November 2009

List of Contents

• Total Isett Sector

• Overview

• Staff Compliment

• NSDS Targets vs Actuals and Trends

• No. of Unemployed People that have entered Learning Programmes

List of Contents (cont…)

• Learner Statistics Provincially• Learners Assisted to gain work

experience Grants• Interns Statistics Provincially• Geographic Representation of Training

Providers

List of Contents (cont…)

• Statement of Financial Performance

• Statement of Financial Position

• Auditor General’s Report

• Emphasis of Matters

• Training Lay-off Scheme

• Questions and Answers

Total Isett Sector, by Company Size and Number of Employees, as at 31st March 2009

Company Size Total Number of Companies

Percentage of Companies

Total Number of Employees

Percentage of

Employees

Large, 150+ employees 128 5.3% 92,967 65.5%

Medium, 50 to 149 employees 240 9.9% 18,270 12.9%

Small, 1 to 49 employees 2,060 84.8% 30,692 21.6%

Total 2,428 100.0% 141,929 100.0%

The table below presents the estimated total size of the Isett Sector

Overview

• NSDS 2008 - 2009The Isett Seta has indeed continued to live up to its mission statement by providing learning and employment opportunities to 1,319 unemployed learners during the year under review. This is in addition to the 4,365 unemployed learners who were skilled in the first three years of the National Skills Development Strategy.

Overview (Cont…)

• NSDS 2008 - 2009The Isett Seta is in good stead to make a further contribution in the new Seta landscape. Changing the lives of employed people and unemployed youth for the better, through skills development, has always been a rewarding experience.

Isett Seta Staff Compliment as at 31 March 2009

LevelBlack White Coloured Indian

TotalM F M F M F M F

CEO 1 1

Senior Management

2 1 3

Middle Management

2 2

Regional Coordinator

1 1

Officers 2 1 3

Advisors 3 1 4

Administration Staff

4 8 12

Total 11 10 3 2 26

NSDS Targets vs Actuals

Indicator Target Actuals1.1 1 x Sector Skills Plan 1 x Sector Skills Plan

1.2 1 x Critical Skills Guide 1 x Critical Skills Guide

387 Skills Development Facilitators (SDF) trained

994 SDFs trained

2.1 89 large firms 113 large firms

137 medium firms 185 medium firms

2.2 802 small firms 1,302 small firms

Indicators 2.1 and 2.2 Trends

The figure below presents the number of stakeholders that submitted WSP reports

126

202

496

112

178

446

121153

405

0

100

200

300

400

500

1 2 3

150+

50-149

1-49

2008-2009 2007-2008 2006-2007

NSDS Targets vs Actuals (Cont…)

Indicator Target Actuals

2.5 6 BEE firms to participate in Skills Development (SD).

7 BEE firms participated in SD.

2.7 1,567 ABET learners to complete.

1,904 ABET learners completed.

2.8 1,273 employees to enter Learning Programmes (LPs).

1,644 employees entered LPs.

913 to complete LPs. 1,488 completed LPs.

NSDS Targets vs Actuals (Cont…)

Indicator Target Actuals

3.2 7 Non Levy Paying Entities to participate in SD.

14 FET Colleges participated in SD.

4.1 294 learners to enter Learnerships.

1,447 learners entered Learnerships.

819 to complete Learnerships.

1,097 completed Learnerships.

NSDS Target 4.1: No. of Unemployed People that have entered learning programmes

  Target Achieve-ment

No. of unemployed people that have entered learning programmes

294 1,447

No. of black unemployed people 224 1,432

No. of female unemployed people 143 732

No. of unemployed people with disabilities

10 88

No. of young people (below 35 years) 264 1,436

Learner Statistics Provincially

Province No. of Learners

Gauteng 1,053

Free State 39

KwaZulu-Natal 50

Western Cape 90

Limpopo 65

North West 140

Mpumalanga 1

Eastern Cape 9

Total 1,447

NSDS Targets vs Actuals (Cont…)

Indicator Target Actuals

4.2

157 learners to gain workplace experience

381 learners gained workplace experience

85 to be employed 222 were employed

Indicator 4.2: No of Learners assisted to gain work experience grants

  Target Achieve-ment

No. of learners assisted to gain workplace experience grants

157 381

No. of black learners 133 375

No. of female learners 72 133

No. of learners with disabilities 11 0

No. of young people (below 35 years) 157 379

Interns Statistics Provincially

Province No. of Learners

Gauteng 248

Free State 10

KwaZulu-Natal 21

Western Cape 63

Mpumalanga 3

Eastern Cape 36

Total 381

NSDS Targets vs Actuals (Cont…)

Indicator Target Actuals

4.3 54 learners to start new businesses

67 learners started new businesses

82 in business after 12 months

123 were in business after 12 months

NSDS Targets vs Actuals (Cont…)

Indicator Target Actuals

5.1 1 Institute of Sectoral or Occupational Excellence (ISOE) to be recognised

2 ISOEs were recognised

5.2 4 institutes to be accredited to provide New Venture Creation Qualification

7 institutes were accredited

Geographic Representation of Training Providers, 2008 / 2009

Free State3%

Limpopo20%

Mpumalanga6%

Gauteng43%

Northern Cape0%

North West6%

Western Cape3%

KwaZulu-Natal13%

Eastern Cape6%

Statement of Financial Performance

2008/9R'000

2007/8R'000

Skills Development Levy (Income, Interest & Penalties) 321,709 279,066

National Skills Fund income 1,283 533

Donor Funding income recognised 16 29

Investment income 17,730 11,006

Other income - 122

Employer grant and project expenses (228,143) (244,271)

Administration expenses (28,859) (25,127)

Finance costs (124) (159)

National Skills Fund expenses (1,283) (533)

Donor Funding expenses (16) (29)

NET SURPLUS FOR THE YEAR 82,313 20,637

Statement of Financial Position

2008/9R'000

2007/8R'000

Non-current assets 2,157 3,441

Current assets 195,157 133,274

Non-current liabilities (447) (429)

Current liabilities (41,468) (63,200)

NET ASSETS 155,399 73,086

Net Assets represented by:

Administration reserve 2,157 3,441

Employer grant reserve 447 149

Discretionary reserve 152,795 69,496

155,399 73,086

Auditor General’s Report 2008/9

Unqualified Audit Opinion

Emphasis Of Matters(AG’s Report)

Fruitless and Wasteful Expenditure• Fruitless and wasteful expenditure has been

disclosed to the amount of R341 000 as a result of various desktop computers being stolen during a burglary. As a consequence of the loss of these computers, historical payroll data was lost. An outstanding amount of PAYE was only identified in the current year and paid to SARS, resulting in additional penalties and interest being paid.

Training Lay-off Scheme

• So far the Isett Seta has not received any requests for assistance regarding the lay-offs from ICT companies.

Questions and Answers

Thank you

www.isett.org.za

Tel: (011) 207 2600