May 2017

Zandile Skosana
Marketing and


With the Mandatory Grant deadline already passed, Fasset is hard at work with assessing all applications received to ensure that the first payment for 2017/2018 is made in August 2017. We would like to thank all employers in our sector that submitted their Mandatory Grant by 30 April 2017. The assessment and query process is underway; please remember that queries raised by Fasset need to be responded to within one month to ensure that all grants are settled on time.

There are also a number of Fasset events on offer over the next few months, so be sure to register early to avoid disappointment.

To find out about what's happening at Fasset, read below, or visit the website:

Wish your winter days are pleasant and beautiful.

Kind Regards
Zandile Skosana

1 Lifelong Learning (LL) and Learner Professional Development (LPD) events

Fasset is fine-tuning the LL & LPD calendar, which will be revised from time to time and published on the Fasset website. If you need more information about the Lifelong Learning & Learner Professional Development events, please send an e-mail to

TVET WBE Programme

The Department of Higher Education and Training identified the need to capacitate public TVET Colleges, to become the preferred providers of occupational skills, as relevant, in South Africa. This need was identified to, amongst others; address the high unemployment rate amongst the age group 16 - 34. In this context, Fasset is once again implementing a project aimed at facilitating and funding workplace-based experience for graduates from public TVET College. This project is aimed at learners who have successfully completed the N6 certificate in business studies and who are eligible to achieve the National N Diploma at NQF level 6, upon completion of 18 months' relevant work experience. Fasset will be assisting employers to recruit learners who have specialised in one of the following areas:

  • Financial Management;
  • Business Management;
  • Marketing Management;
  • HR Management; and
  • Management Assistant.
Fasset will open another window in August 2017 for employers to apply to be part of the TVET WBE programme.

National Student Financial Aid Scheme (NSFAS) Loan Repayment Grant

The NSFAS Loan Repayment Grant (NLRG) is available to learners at levy-paying and non-levy paying employers, who require assistance in the repayment of their loan. The grant is available for African Black learners, Coloured learners in the Western and Northern Cape only, and learners with disabilities commencing, or completing a learnership during the period 1 January 2017 to 31 December 2017. This period is applicable to the 2017/2018 financial year. The repayments are made directly to NSFAS and are based on a tariff linked to the period of study.

Applications for the NLRG opened on the 1 April 2017.
4 Support to Non-levy payers

Non-levy paying employers can register with Fasset, and enjoy Seta benefits and incentives, such as attending free training events. Click here to download the registration form.


Learnership Registrations and Non-levy payers registrations

When submitting learnership agreements for registration, employers are requested to please attach a copy of their EMP201. For NLP registrations as of 1 April 2017, the requirement of an EMP201 will also be instituted.

Fasset Careers Portal

Fasset continues to raise career awareness and position the Fasset sector as the sector of career choice for learners at school-level. Fasset has established a career portal, which learners, teachers and parents are able to access. The intension of the portal is to serve as a starting point for career advice and act as a gateway to career-related information. The portal provides information about the various careers and career paths within the finance and accounting services sector.

Did you know that you can also recruit from the Fasset career portal? Fasset wishes to create a platform for job seekers to find work and for Employers to recruit from our pool of qualified candidates. Fasset has a number of skilled learners and graduates coming from the Universities, Universities of Technology and TVET Colleges; please register on to access CVs of candidates.

Fasset Success Stories

We always love to hear back from those who have completed Fasset-funded programmes and encourage these stories via email as well on our Facebook page. We would also like to encourage our Alumni to get involved and pay it forward by volunteering their time to give career awareness talks and share their stories of success.

Fasset Tender Bulletin

Fasset procures a number and variety of services in the course of achieving its objectives. All procurement at the relevant threshold according to supply chain regulations is advertised on our website and we advise prospective service providers to regularly check the Tender Bulletin section for new information relating to Fasset's service requirements.


Do we have your correct details?

If any of your particulars have changed, please contact Fasset at 086 101 0001 or via email at, so that we can update your details on our database. You can also login to verify or update your details.


Engage with us and Win!

Congratulations to Gilbert Nyandoro - Fintech Chartered Certified Accountants the winner of our website lucky draw competition for April 2017.