Accounting Authority

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THE MICT SETA ACCOUNTING AUTHORITY/BOARD

The Accounting Authority/Board provides oversight and support to the Management team and provides strategic leadership to the MICT SETA and ensures that it fulfils its mandate and obligations in terms of the Constitution and the Skills Development Act. As articulated in the King IV report, the ethical and effective leadership of the Accounting Authority/Board is exemplified by integrity, competence, responsibility, accountability, fairness and transparency. The MICT SETA is governed in a sound and ethical way that supports an ethical culture in its business and reporting.

The Accounting Authority/Board is supported by an Executive Committee, Audit and Risk Committee, Finance and Remuneration Committee and the Governance & Strategy Committee. The Accounting Authority/Board is responsible for providing strategic direction to the MICT SETA and ensuring that the organisation achieves its objectives and implements the goals of NSDS III. The Accounting Authority/Board is accountable to the Executive Authority and Parliament.

THE ACCOUNTING AUTHORITY ESTABLISHED THE FOLLOWING COMMITTEES:

The Accounting Authority/Board comprises 15 independent non-executive members, which ensures independence and objectiveness in decision-making as follows:

  • The Chairperson
  • Six are representatives of Organised Labour
  • Six are representatives of Organised Employers
  • Two members represent Community Organisations

Learn about our Senior Management.

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