Finance
Funding
The Services SETA is mainly funded by Skills Development Levies as imposed by the Skills Development Levies Act No 9 of 1999 (SDLA). Section 3(1) and 3(4) of the SDLA, as amended, prescribe for registered member employers of the Services SETA to pay a skills development levy of 1% of the total payroll cost to the Department of Higher Education and Training (DHET) through the South African Revenue Service (SARS). Employers with an annual payroll cost of less than R500 000 are exempted in accordance with Section 4(b) of the SDLA (1999) as amended.
Supply Chain Management
As an organisation, we’re proud to say that we have a sound and efficient Supply Chain Management (SCM) system that has been established and maintained as prescribed by Section 76(4) of the Public Finance Management Act (PFMA).
As a matter of course, the SCM department sources quotations and procures goods and services from suppliers on the Central Supplier Database. At the Services SETA, SCM is governed by the PFMA, the Preferential Procurement Policy Framework Act (PPPFA) and other SCM regulations.
We adhere to all applicable laws in our SCM processes. The service provider can only start working once the SCM department has issued a formal purchase order (PO) and contract (where applicable). All invoices should be processed and paid within 30 days, provided we receive all supporting documentation and user approval. Ideally, suppliers should request clarification from SCM or their end-user department before executing projects on acceptable proof of evidence (POE) to avoid payment delays.
