THE RESEARCH AGENDA
The main purposes of a Sector Skills Plan, outlined in the Skills Development Act 1998, Section10 (1), and in the National Skills Development Strategy III, are the following:
- Inform supply-side planning in post-school institutions
- Determine funding priorities via the levy grant system
- Support regional and employer plans
- Inform allocation of resources to develop qualifications and learning programmes
- Establish occupation-specific skills priorities for the Sector
- Inform education and training institutions of demand needs in the labour market
- Enable individuals to make informed career choices
- Monitor skills development provision in the Sector
On 20 April 2017 the ‘National Policy for an Integrated Career Development System for South Africa’ was published in the Government Gazette (vol.622, no.40795) and Its purpose is to build an integrated CDS system for South Africa.
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The purpose of the research undertaken by BANKSETA is to:
- Support the NSDS III goal of “creating a credible mechanism for skills planning”
- Support the DHET PSET Research Agenda and the DHET Skills Planning Strategy
- Support the skills planning process for the banking and non-banking Sectors
- Strengthen the strategy and efficiency of the BANKSETA and to;
- Measure the performance of the BANKSETA through impact assessments, tracer studies, etc.
This Research Agenda sets out the research priorities of the Banking Sector for the period April 2017. March 2020 (the end date is prescribed by the current licensing period). It has been developed to inform the development of the Sector Skills Plans, the Strategic Plan and the Annual Performance Plan and to inform stakeholders of the various research activities specific to skills development within the banking Sector.