national youth development agency presentation of the nyda audit matters
DESCRIPTION
NATIONAL YOUTH DEVELOPMENT AGENCY PRESENTATION OF THE NYDA AUDIT MATTERS. AUDIT OPINIONS: EMPHASIS OF MATTER. *Irregular expenditure was not an emphasis of matter paragraph but amounted to R62m. CORRECTIVE ACTIONS. The Auditor General recommended that the NYDA take steps to prevent - PowerPoint PPT PresentationTRANSCRIPT
NATIONAL YOUTH DEVELOPMENT AGENCY PRESENTATION OF THE NYDA AUDIT MATTERS
AUDIT OPINIONS: EMPHASIS OF MATTER
2010 / 2011 2011 / 2012 2012 / 2013
6 2 1
1. Material impairments in the financial statements on loans receivable
1. Material impairments in the financial statements on loans receivable
1. Material impairments in the financial statements on loans receivable
2. Irregular expenditure of R67m
2. Irregular expenditure of R133m
*
3. Significant uncertainties in the financial statements
4. Restatement of prior period figures
5. Fruitless and Wasteful Expenditure of R2m
6. Borrowings without National Treasury approval
*Irregular expenditure was not an emphasis of matter paragraph but amounted to R62m
CORRECTIVE ACTIONS
The Auditor General recommended that the NYDA take steps to prevent
irregular expenditure and take appropriate action against officials for
incurring irregular expenditure.
The NYDA has taken the following corrective actions:
• Disciplinary action taken against staff who have incurred irregular expenditure
• Supply Chain Management (SCM) turnaround strategy implemented and monitored on an ongoing basis by the CEO’s office
• SCM policies and procedures have been reviewed and updated with respect to changes in legislation
• Training provided to SCM staff and individuals responsible for procurement
• All Bid Committee members are being trained on SCM regulations
PERFORMANCE SUMMARY
4
* To be audited
NYDA ALLOCATION
5
* Projected inflation rate for 2014
6
ECONOMIC DEVELOPMENT 2014/2015 DELIVERABLES
ItemNo.
Strategic Objectives
Performance Indicator Actual Performance Estimated Performance
Medium Term Targets
2011/12 2012/13 2013/14 2014/15 2015/16 2016/2017
1.1
To enhance the participation of young people in the economy
Number of youth owned enterprises receiving NYDA grant funding
New Indicator
New Indicator 500 youth owned enterprises
500 youth owned enterprises
525 youth owned enterprises
551 youth owned enterprises
Number of loan applications referred to and approved by external partners
New Indicator
New Indicator New Indicator 65 loan applications
68 loan applications
71 loan applications
1.2
1.3 Number of young aspiring and established entrepreneurs supported through NYDA Business Development Support services
New Indicator
New Indicator 37,975 young aspiring and established entrepreneurs
38,475 young aspiring and established entrepreneurs
40,398 young aspiring and established entrepreneurs
42,418 young aspiring and established entrepreneurs
Number of communities provided with community development facilitation support
New Indicator
New Indicator 14 communities
16 communities
17 communities
18 communities
1.4
Number of jobs created through grant funding and business development services
11,562 jobs created
2,021 jobs created
2,500 jobs created
2,750 jobs created
2,887 jobs created
3,031 jobs created1.5
1.6 Number of jobs facilitated through placement in job opportunities
1,017 jobs facilitated
1,271 jobs facilitated
1,500 jobs facilitated
3,000 jobs facilitated
3,150 jobs facilitated
3,307 jobs facilitated
7
EDUCATION AND SKILLS DEVELOPMENT 2014/2015 DELIVERABLES
ItemNo.
Strategic Objectives
Performance Indicator Actual Performance Estimated Performance
Medium Term Targets
2011/12 2012/13 2013/14 2014/15 2015/16 2016/17
1.1 To facilitate and implement education opportunities in order to improve the quality education attainment for the youth
Number of young people enrolled in the NYDA Matric (Grade12) re-write programme
2,641 young people
2,987 young people
3,000 young people
3,500 young people
3,675 young people
3,858 young people
1.2 Number of youth supported through the scholarship programme (Solomon Mahlangu Scholarship Programme)
124 youth 127 youth 130 youth 143 youth 150 youth 157 youth
1.3 Number of young people supported through individual and group career guidance interventions
564,043 young people
623, 657 young people
700, 000 young people
770,000 young people
808, 500 young people
848, 925 young people
CONTI…
8
ItemNo.
Strategic Objectives
Performance Indicator Actual Performance Estimated Performance
Medium Term Targets
2011/12 2012/13 2013/14 2014/15 2015/16 2016/17
1.4 To facilitate and implement skills programmes
Number of young people participating in structured YouthBuild programmes
New Indicator New Indicator 1,500 young people
1,650 young people
1,732 young people
1,819 young people
1.5 Number of young people enrolled in NYS volunteer programmes
New Indicator New Indicator New Indicator 10,000 young people
10,500 young people
11,025 young people
1.6 Number of young people supported through the job preparedness and life skills programme
13,035 young people
13,048 young people
100,000 young people
30,000 young people supported through job preparedness 20,000 young people supported through life skills
32,000 young people supported through life skills 21,000 young people supported through life skills
32,000 young people supported through life skills 22,000 young people supported through life skills
9
HEALTH AND WELL-BEING 2014/2015 DELIVERABLESHEALTH AND WELL-BEING 2014/2015 DELIVERABLES
Item No.
Strategic objective
Programme performance
Indicator
Audited Actual Performance Estimated Performance
Medium term targets
2011/12 2012/13 2013/14 2014/15 2015/16 2016/17
1.1 To provide health and well- being interventions to young people
Number of Campaigns and special projects implemented
New Indicator New Indicator 4 Campaigns and special projects implemented
6 Campaigns and special projects implemented
7 Campaigns and special projects implemented
8 Campaigns and special projects implemented
Item No.
Strategic objective
Programme performance
Indicator
Audited Actual Performance Estimated Performance
Medium term targets
2011/12 2012/13 2013/14 2014/15 2015/16 2016/17
1.1 To facilitate access to health and well-being programmes
Number of young people accessing programmes and intervention designed to improve health and well-being
New Indicator 4,257 young people
5,000 young people
5,500 young people
5,775 young people
6,063 young people
10
POLICY AND RESEARCH 2014/2015 DELIVERABLES
Item No.
Strategic objective
Performance indicator
Actual Performance Estimated performance
Medium term targets
2011/12 2012/13 2013/14 2014/15 2015/16 2016/17
1.1 To create and produce information and knowledge for better youth development planning and decision making
Number of new youth development projects and/or programmes designed and piloted
New Indicator
New Indicator
5 new youth development projects and/or programmes designed and piloted
6 new youth development projects and/or programmes designed and piloted
7 new youth development projects and/or programmes designed and piloted
8 new youth development projects and/or programmes designed and piloted
1.2 Number of youth development information and knowledge products produced and or supported by the NYDA
New Indicator
New Indicator
80 knowledge management and youth related research produced
103 publications
108 publications
113 publications
1.3 Develop National Youth Employment Strategy 2055
New Indicator
New Indicator
1 draft Youth employment Strategy (YES) 2050
2nd and final draft of the [National Youth Employment Strategy (YES) 2055] developed and approved by NYDA board
Final National Youth Employment Strategy (YES) 2055 endorsed
Final National Youth Employment Strategy (YES) 2055 implemented
CONTI…
11
Item No.
Strategic objective
Performance indicator
Actual Performance Estimated performance
Medium term targets
2011/12 2012/13 2013/14 2014/15 2015/16 2016/17
1.4 To create and produce information and knowledge for better youth development planning and decision making
Establish and operationalise the South African Youth Development Institute
New Indicator New Indicator 1 Youth development research institute established
South African Youth Development Institute operational at phase 1 level
South African Youth Development Institute operational at phase 1 level
South African Youth Development Institute operational
1.5 To provide access to information and create awareness on youth development programmes
Number of young people receiving information on youth development through NYDA access points
New Indicator New Indicator 700,000 young people
770,000 young people
808,500 young people
848, 925 young people
1.6 To Lobby Key Stakeholders to support and implement youth development programmes
Number of organs of state and private sector companies lobbied resulting in the establishment of youth directorates and implementation of youth programmes
New Indicator New Indicator 30 private and public entities lobbied to establish youth directorates
39 organs of state and private sector companies lobbied resulting in the establishment of youth directorates and implementation of youth programmes
41 organs of state and private sector companies lobbied resulting in the establishment of youth directorates and implementation of youth programmes
43 organs of state and private sector companies lobbied resulting in the establishment of youth directorates and implementation of youth programmes
CONTI…
12
Item No.
Strategic objective
Performance indicator
Actual Performance Estimated performance
Medium term targets
2011/12 2012/13 2013/14 2014/15 2015/16 2016/17
1.7 To create a platform for youth to participate and benefit from democratic processes
Number of dialogue sessions hosted with young people
8 dialogue sessions
11 dialogue sessions
106 dialogue sessions
100 Dialogues
105 Dialogues
110 Dialogues
1.8 To mobilise and leverage financial resources from 3rd parties
Value of funds raised to support youth development programmes
R118.3 million R33,918,600.00
R80 million s million 90 million 94 million
13
Efficient and effective IT systems implemented to support youth development.
Review of identified policies, guidelines and processes for increased efficiency.
350 staff will receive training and capacity building to enhance staff
performance.
33 information dissemination access points will be established and 20
operationalised.
Compliance to policies and legislations for good governance.
GOVERNANCE 2014/2015 DELIVERABLESGOVERNANCE 2014/2015 DELIVERABLES
Income and expenditure report
14
2011 / 2012 2012 /2013 2013 / 2014
Budget for the year 400 419 000 427 029 000 427 204 000
Revenue: Grant 384 564 000 376 010 000 392 710 000
Donor funding 274 000 6 710 000 14 077 000
Other revenues 44 049 000 24 403 000 24 691 000
Revenue 428 887 000 407 123 000 431 478 000
Operating expenses 88 066 000 89 677 000 86 885 000
Project disbursements 130 050 000 147 781 000 151 496 000
Salaries: Operations 62 355 000 64 209 000 65 592 000
Salaries: Projects 88 252 000 98 049 000 101 655 000
Depreciation and imp. 33 813 000 41 856 000 43 210 000
Donor funding 274 000 6 710 000 14 077 000
Expenditure 402 810 000 448 282 000 462 915 000
15
NYDA BUDGET SUMMARY 2014/15 Rand
Grant income 408 237 000
I nterest loans 4 372 014
Interest bank 4 098 523
Donor funding Income 7 871 026
Merseta Management Fees 324 343
Fairvalue Adjustment 1 342 071
IDC Sponsorship for Vouchers 6 000 000
Capital repayments 11 597 297
Total Revenue 443 842 274
Salaries: Support staff 77 377 025
Salaries: Project staff 111 649 193
Operating expenses 80 406 495
Project disbursements 132 997 058
Grant funding: Co-operatives 10 000 000Grant funding: Individuals 10 000 000Grant funding: Co-funding 5 000 000Donor funding disbursements 7 871 026Depreciation 5 530 707Impairment 15 867 460 Capital expenditure 4 875 368 Total Expenditure 461 574 332
MTEF Allocation 2014 / 15 – 2016 / 17
16
2014 / 2015 2015 / 2016 2016 / 2017
MTEF allocation 408 237 000 422 565 000 444 931 000