2013/14
Strategic Plan and
Annual Performance
Plan
30 April 2013
BANKSETA VISION
BANKSETA recognised as a Centre of Excellence and innovation for
Human Resource Development in the banking sector.
BANKSETA MISSION
To support transformation and people development and,
through partnerships to enable stakeholders to advance
the national and global position of the broader banking
and micro finance industry
BANKSETA VALUES
CeleBrating Diversity
ProfessionAlism
InNovation
TeamworK
Customer FocuS
RespEct
InTegrity
our vAlues start with you
PRIMARY STRATEGIC OBJECTIVES
• Enable skills development in the broader banking and micro finance
sector; and
• Implement the National Skills Development Strategy (NSDS) in the
broader banking and micro finance sectors.
• The impact of the BANKSETA’s efforts in meeting these primary
strategic objectives will result in a transformed, skilled and capable
workforce to address the sector strategic objectives and national
strategic objectives.
• These are reflected in the outputs and outcomes measured in
accordance with economy, effectiveness, efficiency and equity
principles as outlined below and in the performance measures in the
Annual Performance Plan.
STRATEGIC OUTCOME-ORIENTATED GOALS
Strategic outcome Oriented Goal 1
• Research sector skills and undertake benchmarking against national
and international best practices to ensure relevant and cutting edge
interventions.
Strategic outcome Oriented Goal 2
• To enhance the employability of the Youth through effective
education and training development initiatives.
Strategic outcome Oriented Goal 3
• To provide the employed workforce with scarce and critical skills to
close skills gaps.
STRATEGIC OUTCOME-ORIENTATED GOALS (cont)
Strategic outcome Oriented Goal 4
• Enhance SME participation, sustainability and job creation through
skills development.
Strategic outcome Oriented Goal 5
• To enhance and build capacity of public FETs / HEIs, SME
providers and universities of technology to increase the national
footprint and to improve relevance of training interventions in
response to sector needs.
Strategic outcome Oriented Goal 6
• To create a skills pool that would enable the sector to meet
transformation targets as defined in the Financial Sector Charter
(FSC).
RESEARCH AND BENCHMARKING:
SCARCE AND CRITICAL SKILLS (SSPs)
BANKING
INCLUSIVE BANKING
Scarce (2013-2016)
Critical
Scarce (2013-16)
Critical
•FAIS-compliant consultants
•Banking product experts
•Business
development/relationship
managers
•Investment risk specialists
•Wealth management
•IT markets trading developers
•C# developers
•FX spot traders
•Financial analysts/internal
•Statistical analysts
•Debit card/credit card fraud
investigators
•Research analysts
•Traders (sales, equity,
derivatives)
•Fiduciary managers
•Specialist financial skills:
Knowledge of the industry,
financial modelling, forensic
investigation, Risk Management,
Maths ability
•Credit managers
•Financial services staff
•Managers
•Foreign exchange staff
•IT officers
•Junior managers
•Debt counsellors
•Finance managers
•CEOs
•Assistant branch managers
•Marketing managers
•Loan administrators
•Marketing staff
•Customer service
•Legislation (FAIS, NCA)
•Bookkeeping
•Computer literacy
•IT skills
•Computer skills
•Management skills
•Business management skills
•Auditing
•Microfinance management
•Risk management
•Debt collection
•Financial management
•Legislation Compliance
Skills: FAIS, PFMA, FICA AND
NCA
•Information Technology:
Network skills, IT governance,
ERP
•Management and Leadership:
Project Management, Quality
Assessment, Capacity Planning,
Logistics Management, Strategic
Human Resources and Process
Management
•Customer Interface:
Relationship Building and
Marketing
DHET SLA – 2013/14
Perform and provide the information and/or reports on the activities listed below:
1. assessment of the skills required for each sector and to identify scarce skills;
2. how the levels of education will be improved in the sector;
3. partnerships between SETAs and public Further Education and Training (FET) colleges, Universities, training providers and industry;
4. the number of bursaries awarded/to be awarded to deserving South African citizens in critical skills at 23 Universities and 50 FET
colleges;
5. scarce and critical skills needs in the sector, how it will be addressed and reflected in the number of learners that will be trained and
placed, as well as the companies involved;
6. number of agreements signed with public FET colleges , Universities and other training providers as well as the amount approved per
agreement which should also reflect the number of learners that will be trained, types of training programmes and programmes that
are in place;
7. targets as reflected in the Strategic Plans and Annual Performance Plans must be credible and linked to a “Baseline ”;
8. placement of lecturers in industry as part of the Service Level Agreement;
9. a comprehensive plan on making the public service as a training space should be developed with targets per annum;
10. rural development programmes and how it will be implemented;
11. progress in the implementation of Recognition of Prior Learning;
12. presence of SETAs in rural areas and townships and how and by when will it be implemented;
13. establish working relationships with FET colleges, Universities and industry for the purpose of placement of students and graduates;
14. ensure the placement of N3, N6 and NC(V) Level 4 FET graduates and University of Technology students requiring Work Integrated
Learning (WIL) in the relevant sector;
15. quarterly reporting on the placement of N3, N6 and NC(V) Level 4 FET graduates and University of Technology students requiring
Work Integrated Learning (WIL) in the relevant sector;
16. annual targets for registered and completed artisan learners by listed trade as agreed with the Chief Directorate: INDLELA to address
HRDC ATD-TTT Bottleneck 1;
17. monthly reports in a format determined by the Chief Directorate: INDLELA of the actual number of registered and completed artisan
learners to address HRDC ATD-TTT Bottleneck 1;
18. implementation of the Policy on Generic National Artisan Learner Grant Funding and Administration System to address HRDC ATDTTT Bottleneck 2;
19. the number of persons supported to become qualified artisans within the national artisan learner Recognition of Prior Learning system
determined by the Chief Directorate: INDLELA to address HRDC ATD-TTT Bottleneck 3;
DHET SLA – 2013/14 (Proposed Targets)
LEARNING PROGRAMMES
Workers Entering Learnerships
Workers Entering Bursaries
Workers Entering Skills Programmes
Workers Certificated in Learnerships
Workers Certificated in Bursaries
Workers Certificated in Skills Programmes
Unemployed Entering Learnerships
Unemployed Entering Bursaries
Unemployed Entering Internships/Workplace experience
Unemployed Entering Skills Programmes
PROPOSED TARGETS
1300
378
1040
844
171
180
775
785
100
210
DHET SLA – 2013/14 (Proposed Targets)
LEARNING PROGRAMMES
Unemployed Certificated in Learnerships
Unemployed Certificated in Bursaries
Unemployed Certificated in Internships/Workplace experience
Unemployed Certificated in Skills Programmes
FET Graduate Placement
Work Integrated Learning (Universities)
FET College Partnerships (including University of Technology
partnerships)
AET Programmes Entered
AET Programmes Certificated
Cooperatives Supported
Small Business Supported
Career Guidance Provided
PROPOSED TARGETS
348
222
48
168
500
0
6
100
100
40 Cooperative Financial Institutions
50 SME Organisations
200
BUDGET PROJECTIONS
Item
2012/13
2013/14
2014/15
2015/16
2016/17
R'000
R'000
R'000
R'000
R'000
Revenue
430 601
483 618
530 979
583 077
640 385
Revenue is made up of skills
development levy income
and interest income
Expenditure
430 601
483 618
530 979
583 077
640 385
Expenditure is made up of
admin expenditure, capital
expenditure, project
expenditure and mandatory
grant expenditure
Surplus/Deficit (Should be
zero)
-
-
-
BUDGET 2013/14
2013/14 ANNUAL PERFORMANCE PLAN
Project
NSDS Indicator
SME Support
4.2
Micro-Finance MDP (with Cert. in Micro-Finance Management)
4.2
Adult Education and Training
4.5
Cooperative Financial Institutions Support (CBM & Fin Lit)
4.6
Mobile Training Solutions
4.6
Career Guidance
4.8
Unizulu COE
4.2
University of Fort Hare COE
4.2
RPL for FAIS Compliance (additional funding to come from 2012/13 budget)
4.5
QCTO curriculum development
4.5
Masters and Executive
4.5
Doctoral and Post-doctoral
4.5
IEDP
4.5
Management Development Programme (CMD)
4.5
Work Readiness Programme (graduates)
4.2
Work Readiness Programme (post-matric) (SME sector)
4.2
Kuyasa programme (post-graduate)
4.2
Letsema programme (post-matric)
4.2
Internships
4.2
Learnership funding window (unemployed)
4.2
Learnership funding window (employed)
4.2
Bridging Programme (people with disabilities)
4.4
FET Articulation
4.3
FET Capacity Building project
4.3
Merit Bursaries (prev Actuarial students bursaries)
4.2
UoT work integrated learning funding window
4.3
Maths/Science Support to Public Schools Programme
4.2
Pivotal grant funding window
4.5
Skills@work awards
4.1
BANKSETA
Strategic Priority
Area 2: Youth
Development
(Unemployed)
BANKSETA
Strategic Priority
Area 4: SME (and
Inclusive Finance
Support)
BANKSETA
Strategic Priority
Area 3: Skills
Development for
the Employed
BANKSETA Strategic
Priority Area 1:
Research,
Benchmarking and
Communication
BANKSETA Strategic
Priority Area 5:
Capacity building of
public (FET/HET)
institutions and SME
providers
4,900,000.00
8,000,000.00
1,000,000.00
6,455,000.00
6,600,000.00
1,500,000.00
14,555,704.00
5,000,000.00
0.00
2,500,000.00
7,000,000.00
500,000.00
12,161,058.00
9,000,000.00
15,000,000.00
15,000,000.00
25,000,000.00
15,000,000.00
3,000,000.00
5,000,000.00
10,000,000.00
500,000.00
2,000,000.00
25,000,000.00
4,500,000.00
5,000,000.00
30,000,000.00
72,231,214.00
104,500,000.00
40,955,000.00
114,392,272.00
200,000.00
200,000.00
46,555,704.00
34%
13%
37%
0%
15%
2013/14 ANNUAL PERFORMANCE PLAN (cont)
Project
Project
SME Support
Certificate in Micro Finance Management
Micro-Finance MDP (with Cert. in Micro-Finance Management) Micro-Finance MDP
Adult Education and Training
Cooperative Financial Institutions Support (CBM & Fin Lit)
Co-operative Banks Training (CBM)
Co-operative Banks Training (Financial Literacy)
Career Guidance
Mobile Training Solutions
Unizulu COE
University of Fort Hare COE
RPL for FAIS Compliance
QCTO curriculum development
Skills Programmes for the Employed
Masters and Executive
Doctoral and Post-doctoral
IEDP
Management Development Programme (CMD)
Work Readiness Programme (graduates)
Work Readiness Programme (post-matric) (SME sector)
Kuyasa programme (post-graduate)
Letsema programme (post-matric)
Internships
Learnership funding window (unemployed)
Learnership funding window (employed)
Bridging Programme (people with disabilities)
FET Articulation
FET Capacity Building project
Merit Bursaries (prev Actuarial students bursaries)
UoT work integrated learning funding window
Maths/Science Support to Public Schools Programme
Pivotal grant funding window
Skills@work awards
International conference prep budget
FET graduate placement with co-operative financial
institutions (planned)
Target (beneficiaries)
DHET area
50 SMEs/100 beneficiaries Skills Programmes (E)
40
100
100
40
500
200
150 SMEs
100
30
800
N/A
200
190
8
40
200
100
110
200
180
100
150
300
25
20
200
35
20
500
700
10 awards
N/A
Bursaries (E)
Bursaries (E)
Bursaries (U)
Bursaries (E)
Bursaries (U)
Bursaries (U)
Learnership (E)
Skills Programmes (E)
Bursaries (E)
Bursaries (E)
Skills Programmes (E)
Learnerships (E)
Skills Programmes (U)
Skills Programmes (U)
Learnership (U)
Learnership (U)
Internship
Learnership (U)
Learnership (E)
Learnership (U)
Learnerships (U)
Learnership (U)
Bursaries (U)
Bursaries (U)
Bursaries (U)
Skills Programmes (E)
500 Graduate placement
NEW/ADDITIONAL PROJECTS
Proposed Project Name
RPL for FAIS
Merit Bursary Project
Pro-Maths Centre of Excellence project
Sector Compliance collaboration project
CMD for Micro Finance
NW Entrepreneurship development project
CIBA Microfinance Review
Thutuka UWC capacity-building
Graduate Enterprisation project
German Dual Education Benchmarking Study Tour
TOTAL
Project Budget
R 20,500,000.00
R 4,000,000.00
R 10,000,000.00
R 3,150,000.00
R 3,500,000.00
R 4,710,000.00
R 483,000.00
R 22,000,000.00
R 6,500,000.00
R 2,100,000.00
R 76,943,000.00
RURAL DEVELOPMENT (2013/14)
•
•
•
•
•
•
Rural accommodation strategy (Youth development initiatives)
Letsema, Kuyasa, Micro-Finance Learnership, Work Readiness
Programme: travel & accommodation support for learners from rural areas
to attend training
Mobile Training Solutions (across all provinces)
Implemented in urban and rural areas depending on demand
(approximately 30% rural areas)
Co-operative Financial Institution Support (across all provinces)
Maths/Science Support to Public Schools Programme
(first year pilot – KZN)
6 Rural schools (Effingham, Harding, Ixopo, Ogwini Comprehensive, Port
Shepstone Secondary, Umbilo)
University of Zululand Centre of Excellence (partnership with SAICA) (South) Uthungulu DC
University of Venda – Disability Students Unit – Vhembe district
RELATIONSHIP WITH FET COLLEGES
(LEAD SETA IN THE FREE STATE)
•
•
•
•
•
•
•
•
•
•
•
•
Identify relevant programmes and establish the necessary partnerships with all stakeholders (namely SETA's, FET
executives, employers, Provincial Government, as the case may be) to offer career guidance, vocational courses
and work experience for FET learners.
Facilitate collaboration and processes to enable the following :
– Collaboration between colleges and industry
– Support for curriculum development to ensure that curricular content is accurate and up-to-date and meets
sector and provincial industry needs.
– Support for learner guidance in scarce and critical skills required by each sector.
– Support for learner recruitment for identified programmes.
Establish a workplace for the FS SETA collaboration to function from i.e. co-ordinate activities and disseminate
Information regarding initiatives and projects in the province.
Develop lecturer capacity (linking to a skills programme/qualification) to deliver programmes necessary for
economic emancipation in the Province
Create and maintain a database of availability of employers for all SETAs within the province.
Establish strategic partnerships for delivery inclusive of local government and the business sector.
Develop articulated professional qualifications pathways between FET Colleges and universities in the Province.
Ensure existing facilities and infrastructure are well-utilized and of a standard to ensure that the project is
implemented effectively
Include rural communities in planning and delivery.
SMME Development.
Ensure quality and relevance of provision i.e. meeting the skills development needs of the province.
Conduct monitoring and evaluation activities to determine the impact of projects and the collaboration agreement
within the province.
RELATIONSHIP WITH FET COLLEGES
(PROGRESS SO FAR)
•
•
•
•
Activation of office in FET College planned for 1 May 2013 (suitable candidate for
management of career centre selected)
Approval of Post-School FET Capacity Building project (project value R25 000 000)
aimed at activating 6 other regional public FET's to become accredited to deliver
BANKSETA-related offerings and programmes.
BANKSETA is indebted to the Free State Chief Directorate for having provided a
platform to engage and communicate with the colleges principals.
Other challenges are being addressed relating to:
- BANKSETA Presence in terms of geographical and sectoral challenges (majority
of stakeholders not in the Free State)
- Perceived “function” and infrastructure of the career office (BANKSETAorientated or broader focus?)
- Matching the operational requirements of the FET College infrastructure
MINISTER PRIORITY AREAS UPDATE
•
•
•
•
BANKSETA and the Co-operative Bank Development Agency (CBDA) undertook a
benchmarking trip to Malawi and Kenya in December 2012.
BANKSETA currently has two projects for Co-operative Financial Institutions:
• A project aimed at the members of Co-operative Financial Institutions addressing
financial literacy, financial management and co-operative operations
• Bursaries to staff of Co-operative Financial Institutions to complete a Certificate in
Co-operative Financial Institutions at the Centre for Inclusive Banking at the
University of Pretoria
Further initiatives are planned for the 2013/14 year with the Co-operative Financial
Institutions in respect of internships/workplace experience linked to the Graduate
Placement Project.
The BANKSETA continues to support Youth Development initiatives as reflected in
the 2013/14 Annual Performance Plan through Learnerships, Bursaries for graduates
and a new Graduate Placement project for 2013/14 involving FET College graduates
(provisional target is 500 graduates but discretionary grant budget is still to be
determined). Graduate Enterprisation project (with SAICA Thuthuka Education
Upliftment Fund) with a fund value of R6.5 million is planned to support 30 learners.