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and manage strategic opportunities and commercialisation   Nelson Mandela University Trust (with another R14 923 820
            projects in such manner as the Directors may, in their   flowing directly into the University from other interventions).
            discretion, deem appropriate in order to advance the   Of this, R83.9m million was mobilised for bursaries and
            interests of its shareholders; and to pursue the development   scholarships. All in all, some 1 521 students were assisted
            and commercialisation of various intellectual and other assets   to access the University and proceed with their studies. Of
            developed or produced by the Nelson Mandela University or   these, 398 were final year students, 313 of whom successfully
            the Nelson Mandela University Trust, without detracting from   completed their studies in 2019. An additional amount of
            the academic activities or tax status of either the University   R100 000 was transferred out of Trust funds to the Office of
            or the Trust.                                     International Education to assist 16 international students in
                                                              distress. In terms of engagement and other projects, R1 500
            One of the options being explored is the commercialisation   739 was mobilised through the Trust. Building relationships
            of  the  Nature  Reserve  via  the  introduction  of  a  mountain   with SETAs and mobilising bursaries for postgraduate studies
            bike track. The University is still awaiting final feedback on   were areas of focus during 2019. The income from the SETAs
            the feasibility and costs involved in the implementation of a   increased from R31 million in 2018 to R56 million in 2019, an
            mountain bike track in the Nature Reserve on South Campus.   increase of more than 80% and 298 postgraduate students
            It is foreseen that once the final report is received that full   were assisted. Over and above this, some funds mobilised
            investigations and interaction with University stakeholders   by or through the Strategic Resource Mobilisation and
            will ensue. Future plans also include the possibility of   Advancement Office were paid by the funder directly to the
            developing a 42 km biking trail from Schoenmakerskop all   University or directly to the student accounts (i.e., not via the
            the way to the Tramways Building.                 Trust). This includes the R3 million award for Teacher Training
                                                              Support mobilised from the ETDP SETA which was paid to
            During 2019, the Strategic Resource Mobilisation and   students’ accounts.
            Advancement  Office  mobilised  R99  370  362  through  the


              5.  BBBEE Initiatives and Activities

            In 2018, the University improved its overall BBBEE score from   align with new preferential procurement legislation, and
            58.1 to 71.2, which translated to a level 7 contributor. The   incorporating the University’s enterprise development
            University invested in the services of a BBBEE consultancy   strategy. The amended SCM policy emphasises the
            who assisted in advising on the interventions that resulted in   University’s intent of enhancing SMME participation in the
            the score improving.                              provision of commodities and services. Other interventions
                                                              receiving  attention  include  developing  electronic
            In 2019, the University achieved a level 6 recognition level,   systems to improve the tracking of University spend on
            discounted to level 7 owing to the sub-minimum target of 40%   skills development, implementing apprenticeships and
            associated with the supplier development sub-element not   learnerships for unemployed graduates, improving the
            being met. The University allocated a budget of R4.8 million   representation of persons with disabilities employed at the
            in 2019 to implement high-impact, short- to medium-term   University, and diversifying the supplier database to include
            interventions to target areas for improvement identified by   a wider pool of Black-owned companies.
            the relevant portfolios. Executive Management established
            a task team to identify strategic interventions to expedite   Furthermore,  the  development  of  a  multi-year  affirmative
            transformation. This team has drafted an initial position   procurement plan has been prioritised along with ICT-
            paper including initial interventions with the aim of making   based systems to improve BBBEE monitoring and reporting
            a meaningful impact on programmes to develop emerging   against targets across all MANCO portfolios. In 2020, the
            Black-, women-, and youth-owned enterprises. Central to   University again achieved a BBBEE recognition level 7. The
            this is the drafting of a Transformative Procurement strategic   2020 BBBEE verification process was delayed owing to the
            framework and implementation plan, to achieve these aims.  pandemic, but the process was completed and the BBBEE
                                                              certificate was issued at the end of 2020. The most significant
            Other initiatives included an audit of current key areas of   areas for improvement identified via the verification process
            expenditure so as to identify areas of high impact, reviewing   was enterprise and supplier development.
            and amending the Supply Chain Management Policy to







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