VUT_Report 2018_Finale

VAAL UNIVERSITY OF TECHNOLOGY
ANNUAL REPORT 2018
• Moreover, the Department’s liaison with the Pick n Pay
Group continued to its second year in 2018 with regards
to the intake of our students in their Graduate Training
Programme for key positions such as Buyer/Planner, Store
Manager, Warehouse & Logistics etc. This is in addition to
the annual Trainee Manager Programme which has been
running for the previous years.
• The Department further continues to engage with other industry
players such as Dis-Chem Pharmacy, Platinum Cash n Carry
Group, Edcon with regards to student placement as well as
a continued exploration of forging new partnerships with
other corporates within the industry.
Co-operative Education Department
Funding (2018 – 2019)
The Department managed to secure funding from
the following SETA’s:
SETA
No of
placed
learners
Monthly
Stipend
Duration
Bankseta 50 R3 500 12 months
ETDP SETA * 54 R2 500 12 months
GDARD 10 R5 000 12 months
HWSETA 100 R3 500 06 months
SACGC
(FoodBev) *
67 R5 000 12 months
SASCE TLIU * 21 R5 445 12 months
Remarks
Paid
directly to
students
Paid
directly to
students
Paid
directly to
students
Special Projects
• The JICA/DHET Project classes resumed in March 2018.
Classes are being conducted every Friday and Saturday.
The Project was facilitated by 4 Employability Improvement
Practitioners, managed by the Director of Co-operative
Education and administrative support provided by 1 EIP
Administrator and it ended in April 2019.
• Association of Accounting Technicians SA (AAT(SA)) tripartite
agreement between VUT, Bankseta and AAT(SA). A Learning
opportunity for unemployed matriculants to study towards
an AAT(SA) Accounting qualification at NQF Level 4 and 5.
Classes takes place from Monday to Friday. The program is
facilitated by Oxbridge Training Institute and coordinated
by Co-operative Education. Currently the project is handed
over by the Director of Co-operative Education to Management
Sciences so that it can be an accredited project for accounting
learners and in future it will bring the third stream income
for the Faculty.
• EMANZINI Staffing - 46 students were placed under this
project for Work Integrated Learning. Most of these students
were coming from our Secunda Campus and placed there,
while few from main campus were placed in Witbank and
Lethabo (Eskom).
• SA Council for Graduates Cooperative (SACGC) – Application
for funding for 75 students both Graduates and WIL students
was approved.
• SASCE (TLIU) – 21 Students have been placed for 12 months
at R5 445.00 per month stipend. The stipend was paid directly
to students.
• CHIETA Strategic Grant approval for VUT lab equipment upgrade
(R500 000.00) but currently they paid R300 000.00 and
when the project is fully implemented the remaining R200
000.00 will be paid.
The Centre for Innovation and Entrepreneurship
(CIE)
Role and Strategic Contribution to VUT
The Centre for Innovation and Entrepreneurship (CIE) contributes
toward achieving the following strategic goals of the University:
• Expanding its income streams
• Diversifying its Programme Qualifications Mix (PQM)
• Broadening its curriculum framework and academic development
initiatives
• Developing the Small and Medium Enterprises (SMEs)
Income Stream Expansion Strategies
Research and scholarship, Skills Development Projects, Staff
consultancy, postgraduate supervision, commercialisation and
investments, strong partnerships and, expanded PQM form the
basis of diversifying the income stream for the University.
Research and Scholarship
The centre has contributed a research article in the
accredited Southern African Journal of Entrepreneurship and Small
Business Management (SAJESBM) which was published in 2019
entitled “Invigorating Innovation and entrepreneurship in higher
education: Insights from Scandinavian and South African
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