Page 26 - Transformation Report.indd
P. 26

Transformation expenditure
                                                  by Group and Firms during     2016       2017      TOTAL
                                                  2016/17*
                                                  Annual Verification Cost of Firms  R 300 000  R 240 000  R 540 000

                                                  Annual Verification Support to Firms  R 480 000  R 540 000  R 1 020 000
                                                  Annual Employment Equity and Skills   R 235 000  R 320 000  R 555 000
                                                  Development Support
                                                  Group Graduate Recruitment   R 140 000  R 160 000  R 300 000
                                                  Phatshoane Henney Bursary Programme  R 275 000  R 250 000  R 525 000

                                                  Skills Development Expenditure  R 3 100 000  R 4 000 000  R 7 100 000
                                                  Phatshoane Henney Training Academy  R 5 200 000  R 14 050 000  R 19 250 000

                                                  Enterprise Development Expenditure  R 5 400 000  R 6 300 000  R 11 700 000

                                                  Pro Bono Support            R 1 850 000  R 2 860 000  R 4 710 000
                                                  Socio-economic Development   R 1 260 000  R 1 570 000  R 2 830 000
                                                  Expenditure
                                                  Community Support Expenditure  R 950 000  R 1 050 000  R 2 000 000
                                                  BEE Procurement Expenditure  R 106 500 000  R 120 000 000  R 226 500 000

                                                  TOTAL                      R 125 690 000  R 151 340 000  R 277 030 000






























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