Recession hits training

OUPA MOPAKI

THE RECESSION has restricted the amount of money paid out in skills training by the Information Systems, Electronics and Telecommunication Technologies Sector Education and Training Authority (Isett Seta), says CEO Oupa Mopaki.

Training spend in the ICT sector through the Sector Education and Training Authority was down R16 million last year, compared to the year before.

The Isett Seta says it paid out R228 million in the form of grants to ICT companies, compared to R244 million in the previous year, a 7% decline.

CEO Oupa Mopaki says the decline in spending is due to the recession, which resulted in R58 million less being paid over to the authority last year. The previous year, income from the Skills Development Levy was R277.7 million, according to its 2008 annual report.