Question NW841 to the Minister of Basic Education
05 May 2016 - NW841
Cassim, Mr Y to ask the Minister of Basic Education
(a) What is the detailed breakdown of the sources of National Education Collaboration Trust funding for (i) 2013, (ii) 2014 and (iii) 2015 and (b) in each case, what amount was paid by (i) Government and Skills Education Training Authorities, (ii) business, (iii) foundations and trusts, (iv) labour, (v) interest income and (vi) any other sources of funding?
Reply:
(a) The sources of the National Education Collaboration Trust (NECT) funding are as follows:
|
*2013 and 2014 |
2015 |
||
|
R’000 |
R’000 |
||
|
(b) (i) |
Government and Skills Education Training Authorities |
77 982 985 |
122 445 768 |
|
(b) (ii) |
Business |
36 249 867 |
56 955 037 |
|
(b) (iii) |
Foundations and Trusts |
2 300 000 |
7 409 519 |
|
(b) (iv) |
Labour |
293 317 |
- |
|
(b) (v) |
Interest income |
- |
- |
|
(b) (vi) |
Other sources of funding |
- |
- |
*The NECT’s initial financial year was for 18 months (1 July 2013 to 31 December 2014. Due to this, the figures for 2013 and 2014 is combined.