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South African Business 2016 edition

  • Text
  • Investment
  • Government
  • Business
  • Development
  • Network
  • Sectors
  • Investing
  • Business
  • Africa
  • African
  • Economic
  • Manufacturing
  • Mining
  • Opportunities
  • Economy
  • Overview
South African Business is an annual guide to business and investment in South Africa. Published by Global Africa Network Media in Cape Town, the 2016 edition is in its fourth year of publication. The publication provides up-to-date information and analyses of the country's key economic sectors, as well as detailed economic overviews of each of the nine provinces in South Africa.

PROFILE FP&M Seta

PROFILE FP&M Seta Facilitating and maximising skills development in the Fibre Processing & Manufacturing Sector Education and Training Authority. Profile The Fibre Processing and Manufacturing (FP&M) SETA was established by the Honourable Minister of Higher Education and Training on 1 April 2011 after government took a decision to cluster sectors in order to strengthen value-chain linkages between related industries. FP&M’s vision is to be a credible and effective skills development partner ensuring the delivery of service excellence that will produce a highlyskilled world-class workforce through various skills development interventions. According to its mission statement, the FP&M SETA will establish a credible institutional mechanism that facilitates an effi cient and effective skills development process, through a range of quality services and partnerships, to contribute to the achievement of sector competitiveness, transformation and economic growth. Services • Provide skills development services to the clothing, footwear, forestry, furniture, general goods, leather, packaging, printing, print media, publishing, pulp and paper, textiles and wood products sectors. • Implement the objectives of the National Skills Development Strategy (NSDS III), which strives to increase access to training and skills development opportunities and transform inequities linked to class, race, gender, age and disability. • Ensure that people obtain the critical or scarce skills that are needed to build the capacity of the sector to become economically sustainable and globally competitive. The value added by SETAs is their understanding of labour market demands in their respective industrial and economic sectors. SETA are also Mdudzi Manana (Honourable Deputy Minister, DHET) with Ms Felleng Yende (CEO, FP&M SETA). expected to create interventions and shape solutions that address skills needs within their sectors. All SETAs are responsible for the management of the skills development levies paid by employers. SETAs receive 80% of the skills development levies paid by employers and must allocate the funding as follows: SETA Administration (10.5%), Mandatory Grants (20%) and Discretionary Grants (49.5%). CONTACT INFO Gauteng Forum 1B, 2nd Floor, Braampark Office Park, 33 Hoofd Street, Braamfontein, Joburg 2001 Tel: 011-403 1700 Western Cape 3rd Floor, West Wing, Palms Centre, 145 Sir Lowry Road, Woodstock, Cape Town Tel: 021-462 0057 KwaZulu-Natal 2nd & 3rd Floor, Umdoni Centre, 28 Crompton Street, Pinetown, 3601 Tel: 031-702 4482 Email: info@fpmseta.org.za Website: www.fpmseta.org.za SOUTH AFRICAN BUSINESS 2016 40

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