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BANKSETA ANNUAL GENERAL MEETING 2005. 21 September 2005. OPENING AND WELCOME TREVOR RAMMITLWA CORPORATE SERVICES MANAGER, BANKSETA . BANKSETA AGM AGENDA (14h00-16h00). 1 . Opening and welcome – Trevor Rammitlwa 2. Apologies – Trevor Rammitlwa

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Presentation Transcript
slide1

BANKSETA

ANNUAL GENERAL MEETING 2005

21 September 2005

opening and welcome trevor rammitlwa corporate services manager bankseta
OPENING AND WELCOME

TREVOR RAMMITLWA

CORPORATE SERVICES MANAGER,

BANKSETA

bankseta agm agenda 14h00 16h00
BANKSETA AGM AGENDA (14h00-16h00)
  • 1. Opening and welcome – Trevor Rammitlwa
  • 2. Apologies – Trevor Rammitlwa
  • 3. Minutes of previous AGM and matters arising – Trevor Rammitlwa
  • 4. Chairman’s report – Sipho Ngidi
  • 5. CEO’s Report - Frank Groenewald

- Approval of Financial Statements 2004/5

- Approval of Annual report

  • 6. Introduction of new Council Members
  • 7. BANKSETA Highlights
  • 8. General – Trevor Rammitlwa
  • 9. Closure – Trevor Rammitlwa
slide4
APOLOGIES

TREVOR RAMMITLWA: CORPORATE SERVICES MANAGER, BANKSETA

slide5

MINUTES OF PREVIOUS AGM & MATTERS ARISING

TREVOR RAMMITLWA: CORPORATE SERVICES MANAGER, BANKSETA

slide6

BANKSETA ANNUAL GENERAL MEETING 2005

CHAIRMAN’S REPORT

Sipho Ngidi

CHAIRMAN, BANKSETA

slide7

BANKSETA ANNUAL GENERAL MEETING 2005

CEO’S REPORT

Frank Groenewald

CEO, BANKSETA

slide8

BANKSETA Guiding Principles

  • Social Transformation
  • Sector participation
  • Be cost effective
  • Leading edge technology and best practices
  • Research and Benchmarking
  • Be a hub for sector participation
overview bankseta
Overview - BANKSETA

# Income adjusted for changes in estimates in respect of previous years

mandatory grants
Mandatory grants
  • Total mandatory grants approved to date: R501,316 million
surplus funds projects
Surplus funds – Projects
  • Total surplus funds allocated: R162,2 million
  • Total surplus funds spent: R107,3 million
slide12

BANKSETA Council

  • Employer Forum
      • Sipho Ngidi SBSA (Chair Person)
      • Lawrence Mlotshwa ABSA
      • Sheila Motsepe SARB
      • Bennie Anderson FNB
      • Hennie Ferreira MFSA
      • Shirley Zinn Nedcor
  • Employee Forum
      • Eugene Ebersohn SASBO (Deputy Chair)
      • Ben Venter SASBO
      • Eugene Zeeman IBSA
      • Joe Kokela SASBO
      • Trevor Dell SASBO
      • Vanessa Hatting SASBO
slide14

BANKSETA

HIGHLIGHTS

slide15

The BANKSETA was

  • re-established
  • as the
  • Sector Education Training Authority for the Banking and Micro Finance industry until 2010.
slide16
Current status
  • Sector Commitment
  • Re-establishment process
  • NSDS
  • DoL assessment
slide18

LEARNERSHIPS

  • 16 Learnerships registered (10 more in process)
  • Banking sector employers participating in 22 Learnerships including 7 learnerships registered by other SETAS
  • 30 Employers participating in various learnerships
  • Employed learners on learnerships increased with 3777, now total of 4056
  • Unemployed learners on niche learnerships increased by 71% to 406
  • In addition to this, the Letsema Project recruited 1639 unemployed youth
slide19

LETSEMA I LEARNERSHIP PROJECT

  • Letsema I learners graduated on 19 March 2005
  • 709 of original 826 completed
  • - 86% completion rate
  • 582 employed
  • - 70% employment rate
  • 8 Employers participated
  • Project Cost R54 580 000-00
slide20

LETSEMA II

LEARNERSHIP PROJECT

  • Letsema II recruited 813 learners
  • Learners placed in Gauteng, Free State, KZN and Western Cape
  • 22 participating Employers
  • Budget R46 million
slide21

SMME TRAINING VOUCHER

PILOT PROJECT

  • Project Successes
  • Increase in SMME Participation to 28 %
  • 161 Small Companies benefited
  • 323 Learners received training
  • Workplace Skills Plan submissions increased by 14%
  • Training Vouchers Redeemed R837 606.00
slide22

BANKSETA STRATEGIES

2005 - 2010

  • The implementation of the Financial Sector Charter
  • SMME Development
  • Youth Development
  • Consumer Education and research
  • Benchmarking and communication
slide24

GENERAL AND CLOSURE

TREVOR RAMMITLWA : CORPORATE SERVICES MANAGER, BANKSETA

slide25

BANKSETA

THORNHILL OFFICE PARK

BLOCK NO. 15 BEKKER ROAD MIDRAND 1685

TEL 011 805 9661

FAX 011 805 8348

WEBSITEwww.bankseta.org.za