Banking Sector Education and Training Authority (BANKSETA)

Contact Details

Physical: Block 22, Thornhill Office Park, 94 Bekker Road, Midrand, 1685
Postal: PO Box 11678, Vorna Valley, 1686
Tel: 011 805 9661
Fax: 011 805 8348


The mission of the Banking Sector Education and Training Authority (BANKSETA) is to support transformation and people development through partnerships, and to enable stakeholders to advance the national and global position of the broader banking and microfinance industry.

BANKSETA's guiding principles are to: leverage skills levy funds for the strategic benefit of the banking and microfinance sector; provide quality-assured, world-class skills training services at the lowest cost; deploy leading-edge technology; judiciously carry out the National Skills Development Strategy (NSDS) mandate; maintain status as a preferred human resource development partner in banking and microfinance; and exceed customer expectations. Its mandate is to: encourage employers in its sector to develop an active learning environment in the workplace; provide employees with opportunities to acquire new skills / progress their careers; increase levels of investment in workplace education and training; and promote transformation as guided by the NSDS equity targets of 85% black, 54% female and 4% disabled.

Office Bearers/Management

Mr M Mahosi

Mr Martin Mahosi
Deputy Chairperson:
Board Members:
Ms Samantha Anthony (Sasbo)
Mr Manny Captain (Sasbo)
Ms Liesel Hollis (Sasbo)
Mr Joe Kokela (Sasbo)
Ms Sarah Louw (Barclays Africa Group Ltd)
Mr Malesela Maleka (Ministerial Appointment)
Mr Nathan Motjuwadi (Capitec)
Mr Israel Noko (MFSA)
Mr Myan Soobramoney (Sasbo)
Ms Sharon Taylor (Standard Bank)
Chief Executive Officer:
Chief Financial Officer:
Ms Beaula Dziruni
Chief Operations Officer:
Senior Management:
Ms Paulette Bourne (Manager: Work Integrated Learning)
Mr Brian Dhliwayo (Manager: Project Management)
Ms Christine Fritz (General Manager: Operations)
Ms Charmaine Janisch (Manager: Quality Management)
Ms Caroline King (Company Secretary)
Mr Moyahabo Mohlabeng (Manager: Information Technology)
Ms Deerani Naidoo (Manager: Youth Development)
Mr Bekisisa Nkala (Manager: Inclusive Banking)
Ms Madeleine Pelzer (Manager: Skills Development)
Ms Dimakatso Seete (General Manager: Corporate Services)
Communications Officers:
Ms Busisiwe Lubisi (Manager: Marketing and Communications)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
AUDIT OUTCOMEClean AuditClean AuditClean AuditClean Audit
Current Assets585 106584 417467 159480 582
Non-Current Assets3 3951 7101 5231 508
Total Assets588 501586 127468 682482 090
Current Liabilities58 044138 647142 144257 102
Non-Current Liabilities--27 916-
Total Liabilities58 044138 647170 060257 102
Total Net Assets530 457447 480298 622224 988
Total Revenue732 364680 476612 395638 955
Revenue from Exchange Transactions38 92644 17519 78817 915
Revenue from Non-Exchange Transactions693 438636 301592 607621 040
Total Expenditure(649 387)(531 618)(538 761)(549 214)
Employee Costs(31 744)(24 101)(18 831)-
Surplus/(Deficit) for Year82 977148 85873 63489 741
Net Cash Flows from Operating Activities17 247101 635(6 479)204 340
Net Cash Flows from Investing Activities(2 513)(765)(511)(555)
Cash & Cash Equivalents at End of Year579 935565 201464 331471 321
Unauthorised Expenditure----
Irregular Expenditure126-9893 281
Fruitless & Wasteful Expenditure744-
Posts Approvedn/an/a--
Posts Filled4860--
SourcesAnnual ReportAnnual ReportAnnual Report n/a

Overseeing Department/Entity

Annual Reports

The information in this directory is supplied and/or externally sourced and is also subject to continual change. If you notice any errors or omissions, please contact us at so that we can correct them.
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