Higher Education and Training

The National Skills Fund

Entity information:

PFMA Schedule:
Projected expenditure (2023-24): R17.51 Billion
Projected expenditure as % of Higher Education and Training: 13.51%
Projected expenditure as % of all entities: 0.25%

Higher Education and Training expenditure:

Higher Education and Training
R129.54 Billion

The National Skills Fund

Detailed financial information:

All Financial Values: R'000
Consol indi Classification 1 Classification 2 Classification 3 Classification 4 Classification 5 Classification 6 Budget phase Amount
1 Expenditure Current Current payments Goods and services Agency and support/outsourced services Agency and support/outsourced services Revised estimate 18,686
1 Expenditure Current Current payments Goods and services Travel and subsistence Travel and subsistence Revised estimate 11,586
1 Expenditure Current Current payments Goods and services Training and development Training and development Revised estimate 534
1 Expenditure Current Current payments Goods and services Computer services Computer services Revised estimate 22,775
1 Expenditure Current Current payments Goods and services Consultants: Business and advisory serv… Consultants: Business and advisory serv… Revised estimate 16,265
1 Expenditure Current Current payments Goods and services Administrative fees Administrative fees Revised estimate 3,648
1 Expenditure Current Current payments Goods and services Minor assets Minor assets Revised estimate 1,708
1 Expenditure Current Current payments Goods and services Communication (G&S) Communication (G&S) Revised estimate 904
1 Cash flow from investing activities Financial Assets Other flows from Investing Activities Domestic long term investments long term investments Revised estimate -1,653,558
1 Cash flow from operating activities Cash flow from operating activities Cash flow from operating activities Cash flow from operating activities Cash flow from operating activities Cash flow from operating activities Revised estimate -127,885
1 Net increase / (decrease) in cash and c… Net increase / (decrease) in cash and c… Net increase / (decrease) in cash and c… Net increase / (decrease) in cash and c… Net increase / (decrease) in cash and c… Net increase / (decrease) in cash and c… Revised estimate -1,891,303
1 Cash flow from investing activities Capital Payments for capital assets Acquisition of property, plant, equipme… Buildings: non-residential Buildings: non-residential Revised estimate -104,500
1 Cash flow from investing activities Capital Payments for capital assets Acquisition of property, plant, equipme… Furniture and office equipment Furniture and office equipment Revised estimate -3,073
1 Cash flow from investing activities Capital Payments for capital assets Acquisition of property, plant, equipme… Computer equipment Computer equipment Revised estimate -2,286
1 Expenditure Current Current payments Compensation of employees Salaries and wages Salaries and wages Revised estimate 119,486
1 Expenditure Current Current payments Compensation of employees Social contributions Social contributions Revised estimate 18,948
1 Expenditure Current Tax payment Tax payment Tax payment Tax payment Revised estimate 50,574
1 Expenditure Current Transfers and subsidies Other government units Departmental agencies and accounts Departmental agencies and accounts Revised estimate 802,346
1 Expenditure Current Transfers and subsidies Public corporations and private enterpr… Public corporations Public corporations Revised estimate 1,499,307
1 Expenditure Current Transfers and subsidies Public corporations and private enterpr… Private enterprises Private enterprises Revised estimate 383,611
1 Expenditure Current Transfers and subsidies Higher education institutions Higher education institutions Higher education institutions Revised estimate 1,784,170
1 Expenditure Current Transfers and subsidies Non-profit institutions Non-profit institutions Non-profit institutions Revised estimate 393,220
1 Receipts Current Transfers received Skills development (SETAS only) National skills fund National skills fund Revised estimate 4,432,592
1 Receipts Current Interest and rent on land Interest Interest Interest Revised estimate 581,057
1 Expenditure Current Current payments Goods and services Computer services Computer services Medium Term Estimates 12,993
1 Expenditure Current Current payments Goods and services Consultants: Business and advisory serv… Consultants: Business and advisory serv… Medium Term Estimates 4,459
1 Expenditure Current Current payments Goods and services Legal services (G&S) Legal services (G&S) Medium Term Estimates 460
1 Expenditure Current Current payments Goods and services Agency and support/outsourced services Agency and support/outsourced services Medium Term Estimates 17,888
1 Expenditure Current Current payments Goods and services Consumables: Stationery, printing and o… Consumables: Stationery, printing and o… Medium Term Estimates 867
1 Expenditure Current Current payments Goods and services Property payments Property payments Medium Term Estimates 1,614
1 Expenditure Current Current payments Goods and services Travel and subsistence Travel and subsistence Medium Term Estimates 1,746
1 Expenditure Current Current payments Goods and services Audit costs: External Audit costs: External Medium Term Estimates 5,816
1 Expenditure Current Current payments Goods and services Bursaries: Employees Bursaries: Employees Medium Term Estimates 207
1 Expenditure Current Current payments Goods and services Administrative fees Administrative fees Medium Term Estimates 2,927
1 Expenditure Current Current payments Goods and services Advertising Advertising Medium Term Estimates 436
1 Cash flow from investing activities Financial Assets Other flows from Investing Activities Domestic long term investments long term investments Medium Term Estimates -110,770
1 Cash flow from operating activities Cash flow from operating activities Cash flow from operating activities Cash flow from operating activities Cash flow from operating activities Cash flow from operating activities Medium Term Estimates 1,297,944
1 Net increase / (decrease) in cash and c… Net increase / (decrease) in cash and c… Net increase / (decrease) in cash and c… Net increase / (decrease) in cash and c… Net increase / (decrease) in cash and c… Net increase / (decrease) in cash and c… Medium Term Estimates 1,068,111
1 Cash flow from investing activities Capital Payments for capital assets Acquisition of software and other intan… Acquisition of software and other intan… Acquisition of software and other intan… Medium Term Estimates -9,203
1 Cash flow from investing activities Capital Payments for capital assets Acquisition of property, plant, equipme… Buildings: non-residential Buildings: non-residential Medium Term Estimates -104,500
1 Cash flow from investing activities Capital Payments for capital assets Acquisition of property, plant, equipme… Computer equipment Computer equipment Medium Term Estimates -2,286
1 Cash flow from investing activities Capital Payments for capital assets Acquisition of property, plant, equipme… Furniture and office equipment Furniture and office equipment Medium Term Estimates -3,073
1 Expenditure Current Transfers and subsidies Public corporations and private enterpr… Public corporations Public corporations Medium Term Estimates 1,003,854
1 Expenditure Current Transfers and subsidies Other government units Departmental agencies and accounts Departmental agencies and accounts Medium Term Estimates 575,993
1 Expenditure Current Transfers and subsidies Non-profit institutions Non-profit institutions Non-profit institutions Medium Term Estimates 282,287
1 Expenditure Current Transfers and subsidies Public corporations and private enterpr… Private enterprises Private enterprises Medium Term Estimates 459,169
1 Expenditure Current Transfers and subsidies Higher education institutions Higher education institutions Higher education institutions Medium Term Estimates 1,280,832
1 Expenditure Current Tax payment Tax payment Tax payment Tax payment Medium Term Estimates 65,262
1 Expenditure Current Current payments Compensation of employees Social contributions Social contributions Medium Term Estimates 18,948
1 Expenditure Current Current payments Compensation of employees Salaries and wages Salaries and wages Medium Term Estimates 119,486
1 Receipts Current Interest and rent on land Interest Interest Interest Medium Term Estimates 581,057
1 Receipts Current Transfers received Skills development (SETAS only) National skills fund National skills fund Medium Term Estimates 4,465,845
1 Receipts Current Transfers received Other goverment units National government Departmental transfers Medium Term Estimates 110,000