Question NW865 to the Minister of Basic Education
05 May 2016 - NW865
Matsepe, Mr CD to ask the Minister of Basic Education
(a) What is the detailed breakdown of in-kind contributions made to the National Education Collaboration Trust for (i) 2013, (ii) 2014 and (iii) 2015 and (b) in each case, indicate the value of in-kind contributions from (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) in-kind contributions made to 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 |
- |
725 610 |
|
(b) (ii) |
Business |
- |
1 248 000 |
|
(b) (iii) |
Foundations and Trusts |
- |
- |
|
(b) (iv) |
Labour |
- |
- |
|
(b) (v) |
Interest income |
1 008 073 |
1 046 777 |
|
(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.