Insurance Sector Education and Training Authority (Inseta)

Contact Details

Physical: 37 Empire Road, Parktown, Johannesburg
Postal: PO Box 32035, Braamfontein, 2017
Tel: 011 381 8900
Web:

Overview

The purpose of the Insurance Sector Education and Training Authority (Inseta) is to grow the pool and quality of scarce and critical skills in the insurance sector, enhancing the sector and supporting the country’s transformation.

Inseta's strategic goals are: a credible institutional mechanism for skills planning; increased access to occupationally directed programmes; better use of workplace-based skills development; training and support provided to sector cooperatives, small enterprises and Non-Governmental Organisations (NGOs); effective established career and vocational guidance channels; promoting the growth of a public Technical Vocational Education and Training (TVET) system that is responsive to sector, local, regional and national skills priorities; and organisational effectiveness.

Office Bearers/Management

Chairperson
Mr M Msiwa
Chief Executive Officer
Ms S Dunn

Chairperson:
Mr Mzimkulu Msiwa
Deputy Chairperson:
n/a
Board Members:
Ms Gizelle Conradie
Ms Anne-Marie D’Alton
Mr Thabit Gool
Ms Vanita Harrypersadh
Ms Andre Keet
Mr Moses Machai
Mr Bryan Mckay
Ms Margie Naidoo
Ms Shantha Padayachee
Ms Jeanine Poggiolini
Mr Jay Ramsunder
Mr Barry Scott
Mr William Seya
Chief Executive Officer:
Ms Sandra Dunn
Chief Financial Officer:
Mr David Molapo
Chief Operations Officer:
n/a
Senior Management:
Mr Henry Goliath (Manager: Specialist Projects)
Doctor Khashane (Senior Manager: IT)
Mr Norman Maphala (Manager: HR)
Ms Neesha Naidoo (Manager: Monitoring and Evaluation, and Special Projects)
Ms Tumi Peele (Manager: ETQA)
Ms Adeline Singh (Manager: Skills Planning and Research)
Ms Nadia Starr (Manager: Learning Division)
Communications Officers:
n/a

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
 
AUDIT OUTCOMEClean AuditFinancially UnqualifiedFinancially UnqualifiedFinancially Unqualified
 
FINANCIAL POSITION
Current Assets377 788344 724357 938336 367
Non-Current Assets1 4531 3782 188908
Total Assets379 241346 102360 126337 275
Current Liabilities61 98670 03035 65497 544
Non-Current Liabilities----
Total Liabilities61 98670 03035 65497 544
Total Net Assets317 255276 072324 472239 731
 
FINANCIAL PERFORMANCE
Total Revenue452 075400 473362 469312 970
Revenue from Exchange Transactions20 09422 49717 32514 211
Revenue from Non-Exchange Transactions431 981377 976345 144298 759
Total Expenditure(410 892)(448 873)(277 728)(282 643)
Employee Costsn/a(16 459)(15 484)(13 150)
Surplus/(Deficit) for Year41 183(48 400)84 74130 327
 
CASH FLOW
Net Cash Flows from Operating Activities34 829(15 541)24 19759 517
Net Cash Flows from Investing Activities(574)(220)(2 038)(245)
Cash & Cash Equivalents at End of Year373 583339 328355 089332 930
 
UIFW EXPENDITURE
Unauthorised Expenditure----
Irregular Expenditure12-6331 146
Fruitless & Wasteful Expenditure1---
 
HUMAN RESOURCES
Posts Approved363035-
Posts Filled302531-
 
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 info@nationalgovernment.co.za so that we can correct them.
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