The Minister of Higher Education and Training, Naledi Pandor has called for comments from organisations, interested stakeholders, the public and the current SETAs on the proposed new landscape of Sector Education and Training Authorities (SETAs) as published in the GOVERNMENT GAZETTE, No. 41856 of 22 AUGUST 2018.
From the schedule of proposed changes, the following has been noted:
PRINCIPLES UNDERPINNING THE PROPOSED NEW SETA LANDSCAPE
Fit for purpose (SETA roles as mandated by Skills Development Act, 97 of 1998 as amended)
- Align skills development strategies with national priorities and industrial policy framework
Comprehensive coverage (industrial and economic sectors including demographic segmentation)
- Coverage of all economic sectors (public and private); large, medium & small employers
- Employer based (Inclusivity)
- No special interest SETAs
- (All SETA skills development strategies should align with employment equity considerations. Must cover all designated groups and youth)
Viability and sustainability (financial sustainability and operational viability)
- Ability of the SETA to sustain functions and improve performance
- Securing sustainable income (levy) and resource base (financial viability) to support meaningful skills development interventions
- Operational and skills development activities based on funds available to the SETA and fund distribution leverages value add for skills development in the sector (financial management)
Value chain and value proposition (Link similar functions and processes for value addition and competitive advantage)
- SETAs dealing with related functions to be grouped together.
It is proposed that the Finance and Accounting Services Sector Education and Training Authority (FASSET), Bank Sector Education and Training Authority (BANKSETA) and Insurance Sector Education and Training Authority (INSETA) be merged.
The rationale being: to streamline and integrate the value chain of interrelated and interdependent the sub-sectors of finance, accounting, insurance and investment.
All interested stakeholders should submit comments directly to the Department of Higher Education and Training before 20 September 2018, which is within 21 working days after the gazette publication date.
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