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Fasset

Fasset's project funding pot grows

Mon, 30 Jan 2012 08:33

Cheryl James

Fasset’s Exco recently approved R59.4 million in funding for Development Projects, bringing the amount allocated to Development Projects just over R409.4 million.

“The project funding pot was significantly bigger this year as a result of an increase in skills levies. As a result, Our Exco was able to approve funding for seven Development Projects. While some of the projects are ‘tried and tested,’ others are new. Most importantly, these projects will enable Fasset to increase its rural footprint, in areas such as the Free State, East London, Port Elizabeth and the Western Cape,” says Fasset CEO, Cheryl James.

Three projects are re-runs: the Bonani 7 Work Readiness Project delivered by Guarantee Trust Corporate Support Services (GTCSS), Thusanani 6, delivered by Stan Hutcheson & Associates, and the SciMathus Bridging Programme, offered by the Institute of Mathematics and Science Teaching at the University of Stellenbosch.

Fasset has agreed to fund 500 learners on the Bonani Work Readiness Programme, bringing the total number of learners funded to3630.There is a January 2012 and a July 2012 intake. Two hundred and fifty learners will be recruited nationally, for each programme.

The six-month Bonani Work Readiness Programme targets unemployed black finance graduates with B Com degrees or National Diplomas. Learners are equipped with workplace skills andare then placed on eitherSAIPA or SAICA learnerships. With the establishment of academies in the Free State and in East London, GTCSS now offers the programme in five provinces.

Should you require further information kindly contact: Johannesburg, Pretoria, Free State and East London: 011 466 3312; Durban: 031 701 6702; Cape Town: 021 762 9345.

Fasset has also agreed to fund 200 learners on the Thusanani Work Readiness Programme, bringing the total number of learners funded by Fasset to 1220. Offered by Stanley Hutcheson & Associates in partnership with the University of Johannesburg and Deloitte, the twelve-week programme targets unemployed, non-accounting graduates. Candidates are recruited according to scarce skills in the Fasset sector.

Unemployed graduates receive training in areas such as communication, problem solving, presentation skills, team work, and conflict management. They also learn how to write a CV and a covering letter, which stands out, and how to present themselves in a job interview. There are two intakes: March and July.

Although learners will be recruited nationally, training will only be offered in Gauteng. Should you require further information, kindly contact SHA: 011 678 2144.

Fasset has agreed to fund two groups of 25 learners on the SciMathus Bridging Programme.Fasset previously funded 25 learners in 2010/11; 25 learners in 2009/010; 25 learners in 2005/06 and 20 learners in 2004/05. The ten-month bridging programme assists African, Coloured and Indian learners to improve their marks in Science, Mathematics and Accountancy, so as to gain admission to higher education in Economic and Management Sciences. Learners study accounting at first-year university level, and they also have an opportunity to rewrite Grade 12 Mathematics on the Higher Grade.

Learners are recruited directly from schools in the catchment areaand nationally. Fasset has agreed to fund 120 BCom and BCompt graduates on a four-month programme, which will be delivered by Boston City Campus and Business College. Candidates will be placed on a four-month of work readiness programme, before being placed on SAIPA or SAICA learnerships.

“Candidates will receive soft skills, life skills and pre-employment readiness training. They will also receive computer skills training over a one month period; training in accounting and book keeping using a simulator for one month; and they will also spend one month completing an auditing case study.

Boston will recruit nationally. Training will, however, only be offered at Boston campuses in Gauteng. (Should you require additional information, kindly contact Boston City Campus and Business College on Tel: 011 551 2000.

Fasset has agreed to fund 50 B Com graduates one a of one-year programme, which culminates in the Association of Accounting Technicians (AAT) Advanced Certificate in Accounting. The programme will be delivered by Madiba Bay Accountancy Training, Port Elizabeth, at its Madiba Bay campus.

(Should you require additional information, kindly contact Madiba Bay Accountancy Training on Tel: 041 583 2214.

Fasset has also agreed to fund 96 B Com graduates on a one-year programme, which will culminate in a postgraduate Certificate for Business Analysts. The programmeincludes a work-readiness component, and will be delivered by Rhodes University in a consortium with Deloitte.

The programme will be offered in KwaZulu-Natal, Eastern Cape, Western Cape and Gauteng. Twenty-four learners will be recruited from each province. (Should you require additional information, visit Fasset’s website to download the application form on the Fasset website.

Lastly, Fasset has agreed to fund 120 post matriculants on the seven-month Ithemba Programme, which will be managed by the S&T School of Accounting Technicians. The programme targets unemployed Grade 12s, with Accounting. Candidates will also complete the AAT Advanced Certificate in Accounting.

The programme includes English language development skills; maths literacy skills; work readiness skills; life skills; and MS Office user skills. “Twenty places have been reserved for learners with disabilities. Learners will be recruited from the Philidelphia School for Learners with Disabilities,” James informs.

Recruitment for the programme, commenced in November 201. Learners can apply online

“Development Projects remain a very important mechanism for enabling Fasset to achieve NSDS objectives, fast track transformation within its sector, and enable Fasset to increase its footprint in rural areas. Over the past eleven years, more than 13000learners have benefited from Fasset-funded Development Projects. Beneficiaries are in line with National Skills Development Strategy (NSDS) targets of 85% Black, 54% women and 4% disabled,” James concludes.