Fasset Presentation August to September 2009 Business Development & Marketing to Power Your Business

2 2 Seta Landscape Public hearings – date to be advised Seta landscape to be announced at National Skills Conference in October 2009 Fasset Board preference to maintain status quo Move from Department of Labour to Department of Higher Education and Training New Minister – Dr Blade Nzimande Move to be completed by November 2009

3 3 Skills Levy Grant Cycle 20% National Skills Fund Department of Labour 80% Allocated to relevant Seta 10% 70% Seta Admin Available for Grants 50% 20% Mandatory Grant 30 June Strategic Cash Grant 31 March 100% Paid to SARS Unclaimed SDL goes into discretionary projects decided by the Management Board

4 4 Learnership Cash Grant (LCG) Learnership commencement period 1 January to 31 December 2009 Any extension applications must reach Fasset on or before 31 March 2010 Grant due 31 March 2010 Higher amount for people with disabilities – R27,000 vs. R47,250 for 3-year programme

5 5 Scarce Skills Fasset objective is to address scarce skills in sector Tertiary education Black and/or disabled graduates Finance and accounting People needed to fill job vacancies Refer to 2009/2010 Scarce Skills Guide

6 6 Sector Skills Plan 2010/11 Outlines skills priorities in the Fasset sector for 2010/11 financial year Currently out for public comment For submission to the DoL by 31 August 2009 Available on website for comment under Research/Sector Skills Plan section

7 7 Tax Amendment Bill Released for public comment Documents found on Substantial and positive changes regarding the learnership tax allowance An increase in the allowance for multi-year learnerships can be Forward your comments directly to Treasury and/or work with your professional body

8 8 Free Lifelong Learning 2009/10 Aug / SepBusiness Development and Marketing Sep / OctComplying with Changes in Legislation Sep / OctWriting Skills Oct / NovInnovation and Creativity FebManaging Change Feb / MarchOffice Etiquette MarchIntroduction to the Role of SDF March / AprilBudget & Tax Update 2010 Register on

9 9 Development Projects In order to address the shortage of professionals in the Fasset sector, Fasset funds the training of learners in workplace readiness skills – which includes both soft skills and technical financial skills Learners are black and/or disabled, and once employed by the company may be put forward for a Learnership Cash Grant (LCG)

10 Thank You Fasset Call Centre