SEDA ANNUAL REPORT 2019-20 PRESENTATION TO THE
Description: SEDA ANNUAL REPORT 2019-20 PRESENTATION TO THE PORTFOLIO COMMITTEE 25 November 2020 Performance Statement Organisational Overview Seda Performance 2019-20 FY Entrepreneurship Awareness Capacity Building Access to Market Access to Finance
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slide1. SEDA ANNUAL REPORT
2019-20 PRESENTATION
TO THE PORTFOLIO COMMITTEE
25 November 2020<br>
slide2. Performance Statement
Organisational Overview
Seda Performance 2019-20 FY
Entrepreneurship Awareness
Capacity Building
Access to Market
Access to Finance
Product Quality and Production Capacity
Administration
Success Stories
Human Resources Report
Financial Report
Governance & Compliance
Conclusion SEDA PRESENTATION OUTLINE 2<br>
slide3. 1. Performance Statement 3<br>
slide4. Performance Statement 4 Seda’s performance information is structured in line with Seda’s approved Annual Performance Plan 2019-20,
In the year under review Seda measured its performance on 32 targeted indicators at the output level.
The organisation achieved and exceeded the set targets on 28 indicators, and did not achieve the set performance on 4 indicators.
This performance reflect an achievement of 88% on set indicators.
Seda’s programmes are implemented to achieve the following objectives:
Increase entrepreneurship awareness among South Africans
Improve capacity building and training on supported SMMEs and cooperatives
Improve access to market among supported SMMEs and cooperatives
Increase access to finance on supported SMMEs and cooperatives
Improve product quality and production capacity on supported SMMEs and cooperatives<br>
slide5. Performance Statement 5 Apart from the mentioned objectives, greater focus is placed on ensuring that supported enterprises improve their turnover and increase the number of people they employ.
The organisation has increased the support offered to rural and township based small enterprises, whilst the implemented initiatives are yielding results it is acknowledged that more can be done to improve on the support offered.
Small enterprises owned by women, youth and disabled owned enterprises have also been prioritised, there are continuous engagements with various bodies representing disabled persons to increase the number of support offered to more businesses owned by disabled persons. In the next financial year, more efforts will be invested to ensure that the reported numbers reflect this change.<br>
slide6. 2. Organisational Overview 6<br>
slide7. Organisational Overview (end 31 march 2020) 7 Client Profile
Total clients supported – 89 111
Rural/ Township based clients – 27 220 Human Resources
Organisation Head count – 677 employees
524 – EDD (Mostly in Provinces)
36 employees funded through MOU’s based in EDD
30 STP (National Office)
123 Support Staff (National Office) Financial Resources
Revenue – R 952 Million
Goods & Services – R 534 Million
Personnel Cost – R 367 Million
Total expenses – R 916 Million Impact Indicators
New Jobs created – 6 709
Jobs Sustained – 22 230
Total Turnover increase - R2 055 Billion Service Access Points
Seda Branches – 54
Colocation Points – 87
Incubation Centers – 74
CFRI’s - 22 Value of funds leveraged from partners – R87,4 Million
Customer satisfaction – 93%
Stakeholder satisfaction – 68%<br>
slide8. 3. Seda Performance 2019-20 FY 8<br>
slide9. Entrepreneurship Awareness 9<br>
slide10. ‹#›<br>
slide11. II. Capacity Building 11<br>
slide12. ‹#›<br>
slide13. III. Facilitation of Access to Market 13<br>
slide14. ‹#›<br>
slide15. ‹#›<br>
slide16. V. Improving Product Quality and Production Capacity 16<br>
slide17. ‹#›<br>
slide18. VI. Administration (Impact Measures) 18<br>
slide19. VI. Administration (Impact Measures) 19<br>
slide20. 4. Success Stories 20<br>
slide21. ASINAVALO SECURITY PRIMARY COOPERATIVE 21<br>
slide22. LETSHABO SONS AGRICULTURAL PRODUCTS 22<br>
slide23. SECUNDA LAUNDRY DYNAMICS (PTY) LTD 23<br>
slide24. UNICLO MANUFACTURING (PTY)LTD 24<br>
slide25. ADONAI ENTERPRIZE (PTY) LTD 25<br>
slide26. 5. Human Resources Report 26<br>
slide27. STAFF COMPLIMENT 27<br>
slide28. ‹#›<br>
slide29. Labour Relations 29<br>
slide30. 6. Financial Report 30<br>
slide31. STATEMENT OF FINANCIAL PERFORMANCE for the year ended 31 March 2020 31<br>
slide32. STATEMENT OF FINANCIAL PERFORMANCE for the year ended 31 March 2020 32<br>
slide33. STATEMENT OF CHANGES IN NET ASSETS as at 31 March 2020 33<br>
slide34. CASH FLOW STATEMENT for the year ended 31 March 2020 34<br>
slide35. 7. Governance & Compliance 35<br>
slide36. SEDA BOARD 36<br>
slide37. AUDIT & RISK COMMITTEE 37<br>
slide38. HUMAN RESOURCE & REMUNERATIONS COMMITTEE 38<br>
slide39. SOCIAL ETHICS COMMITTEE 39<br>
slide40. STRATEGY AND ORGANISATIONAL PERFORMANCE COMMITTEE 40<br>
slide41. 8. CONCLUSION 41<br>
slide42. CONCLUSION REMARKS The organisation managed to achieve this performance inspite of the encountered challenges which includes a 10% vacancy rate on Business Advisors and limited financial resources.
The Organisation received an unqualified Audit Opinion with no material findings. Seda needs to improve its information and reporting system.
In the 2020-21 financial year the organisation is focusing on offering support to Spaza Shops, Automotive, Artisans, Hairdressers, Tshisanyama, Fruit & Veg Vendors, Clothing and Textile
Build a strong South African Incubation and Accelerator entrepreneurship ecosystem focusing on Township & Rural areas, including rolling out incubators in these areas.
Offer support services more aligned to Township and Rural based small enterprises.
Identify and implement impactful programmes in partnership with ecosystem partners
Decentralise some of the client support functions conducted by Seda to be implemented by ecosystem partners
Focus Identify complimentary interventions which will be mutual beneficial for the targeted partners in the ecosystem
Expand incubation period and encourage incubators to be self sustainable<br>
slide43. Thank You 43<br>
2019-20 PRESENTATION
TO THE PORTFOLIO COMMITTEE
25 November 2020<br>
slide2. Performance Statement
Organisational Overview
Seda Performance 2019-20 FY
Entrepreneurship Awareness
Capacity Building
Access to Market
Access to Finance
Product Quality and Production Capacity
Administration
Success Stories
Human Resources Report
Financial Report
Governance & Compliance
Conclusion SEDA PRESENTATION OUTLINE 2<br>
slide3. 1. Performance Statement 3<br>
slide4. Performance Statement 4 Seda’s performance information is structured in line with Seda’s approved Annual Performance Plan 2019-20,
In the year under review Seda measured its performance on 32 targeted indicators at the output level.
The organisation achieved and exceeded the set targets on 28 indicators, and did not achieve the set performance on 4 indicators.
This performance reflect an achievement of 88% on set indicators.
Seda’s programmes are implemented to achieve the following objectives:
Increase entrepreneurship awareness among South Africans
Improve capacity building and training on supported SMMEs and cooperatives
Improve access to market among supported SMMEs and cooperatives
Increase access to finance on supported SMMEs and cooperatives
Improve product quality and production capacity on supported SMMEs and cooperatives<br>
slide5. Performance Statement 5 Apart from the mentioned objectives, greater focus is placed on ensuring that supported enterprises improve their turnover and increase the number of people they employ.
The organisation has increased the support offered to rural and township based small enterprises, whilst the implemented initiatives are yielding results it is acknowledged that more can be done to improve on the support offered.
Small enterprises owned by women, youth and disabled owned enterprises have also been prioritised, there are continuous engagements with various bodies representing disabled persons to increase the number of support offered to more businesses owned by disabled persons. In the next financial year, more efforts will be invested to ensure that the reported numbers reflect this change.<br>
slide6. 2. Organisational Overview 6<br>
slide7. Organisational Overview (end 31 march 2020) 7 Client Profile
Total clients supported – 89 111
Rural/ Township based clients – 27 220 Human Resources
Organisation Head count – 677 employees
524 – EDD (Mostly in Provinces)
36 employees funded through MOU’s based in EDD
30 STP (National Office)
123 Support Staff (National Office) Financial Resources
Revenue – R 952 Million
Goods & Services – R 534 Million
Personnel Cost – R 367 Million
Total expenses – R 916 Million Impact Indicators
New Jobs created – 6 709
Jobs Sustained – 22 230
Total Turnover increase - R2 055 Billion Service Access Points
Seda Branches – 54
Colocation Points – 87
Incubation Centers – 74
CFRI’s - 22 Value of funds leveraged from partners – R87,4 Million
Customer satisfaction – 93%
Stakeholder satisfaction – 68%<br>
slide8. 3. Seda Performance 2019-20 FY 8<br>
slide9. Entrepreneurship Awareness 9<br>
slide10. ‹#›<br>
slide11. II. Capacity Building 11<br>
slide12. ‹#›<br>
slide13. III. Facilitation of Access to Market 13<br>
slide14. ‹#›<br>
slide15. ‹#›<br>
slide16. V. Improving Product Quality and Production Capacity 16<br>
slide17. ‹#›<br>
slide18. VI. Administration (Impact Measures) 18<br>
slide19. VI. Administration (Impact Measures) 19<br>
slide20. 4. Success Stories 20<br>
slide21. ASINAVALO SECURITY PRIMARY COOPERATIVE 21<br>
slide22. LETSHABO SONS AGRICULTURAL PRODUCTS 22<br>
slide23. SECUNDA LAUNDRY DYNAMICS (PTY) LTD 23<br>
slide24. UNICLO MANUFACTURING (PTY)LTD 24<br>
slide25. ADONAI ENTERPRIZE (PTY) LTD 25<br>
slide26. 5. Human Resources Report 26<br>
slide27. STAFF COMPLIMENT 27<br>
slide28. ‹#›<br>
slide29. Labour Relations 29<br>
slide30. 6. Financial Report 30<br>
slide31. STATEMENT OF FINANCIAL PERFORMANCE for the year ended 31 March 2020 31<br>
slide32. STATEMENT OF FINANCIAL PERFORMANCE for the year ended 31 March 2020 32<br>
slide33. STATEMENT OF CHANGES IN NET ASSETS as at 31 March 2020 33<br>
slide34. CASH FLOW STATEMENT for the year ended 31 March 2020 34<br>
slide35. 7. Governance & Compliance 35<br>
slide36. SEDA BOARD 36<br>
slide37. AUDIT & RISK COMMITTEE 37<br>
slide38. HUMAN RESOURCE & REMUNERATIONS COMMITTEE 38<br>
slide39. SOCIAL ETHICS COMMITTEE 39<br>
slide40. STRATEGY AND ORGANISATIONAL PERFORMANCE COMMITTEE 40<br>
slide41. 8. CONCLUSION 41<br>
slide42. CONCLUSION REMARKS The organisation managed to achieve this performance inspite of the encountered challenges which includes a 10% vacancy rate on Business Advisors and limited financial resources.
The Organisation received an unqualified Audit Opinion with no material findings. Seda needs to improve its information and reporting system.
In the 2020-21 financial year the organisation is focusing on offering support to Spaza Shops, Automotive, Artisans, Hairdressers, Tshisanyama, Fruit & Veg Vendors, Clothing and Textile
Build a strong South African Incubation and Accelerator entrepreneurship ecosystem focusing on Township & Rural areas, including rolling out incubators in these areas.
Offer support services more aligned to Township and Rural based small enterprises.
Identify and implement impactful programmes in partnership with ecosystem partners
Decentralise some of the client support functions conducted by Seda to be implemented by ecosystem partners
Focus Identify complimentary interventions which will be mutual beneficial for the targeted partners in the ecosystem
Expand incubation period and encourage incubators to be self sustainable<br>
slide43. Thank You 43<br>