SA National Government Directory Independent, not a government site

Banking Sector Education and Training Authority (BANKSETA)

SETA · Social Services · reports to Department of Higher Education and Training (DHET)

The BANKSETA is the sector education and training authority for banking and microfinance, established under the Skills Development Act, 1998 and funded by the skills development levy.

Its scope covers registered banks, mutual banks, the Postbank, microfinance institutions and development finance institutions, together with the support services that serve them.

It develops the sector skills plan, funds learnerships, internships, bursaries and management development programmes, and accredits training providers. Its priorities reflect the sector’s shift towards digital banking, data and analytics capability, financial inclusion, and the compliance skills required by anti-money laundering and financial intelligence obligations.

Audit record, 5 years

2020/21
2021/22
2022/23
2023/24
2024/25
Financially Unqualified stable 0 of 5 audited years clean

Financial highlights, 2024/25

Total Revenue
R1.2bn
Total Expenditure
−R1.1bn
Total Assets
R1.2bn
Total Liabilities
R164m

Values in rand. Sparklines run oldest to newest and are scaled to each series, not to zero.

Leadership, 21 listed

Chief Executive Officer
Ms Beaula Dziruni
Chief Financial Officer
Ms Beaula Dziruni
Senior Management
Mr Brian Dhliwayo Mr Sfiso Dimba Mr Similo Dlamini Ms Christine Jonck Ms Nobuzwe Mangcu Ms Sally Mangubewa Mr Marvelous Mokome Dr Lefaso Danny Motsoeneng Mr NJ Mpebe Ms Elelwani Netshituni Mr Vuyani Ntanjana Ms Candice Perumalsami Mr Dimpho Phungwayo Dr Tsietsi Raleting Dr Tsietsi Raleting Mr Rapula Sathekge Mr Rashaad Shamsoodeen
Communications Officers
Mr Sipho Makgaba Ms Precious Sikhosana

Description written for this directory from the entity’s own published sources: bankseta.org.za, www.gov.za