NATIONAL ASSEMBLY
QUESTION WRITTEN REPLY
QUESTION NUMBER: 174
DATE FOR PUBLICATION: 22 FEBRUARY 2013
DATE REPLY SUBMITTED: 25 MARCH 2013
Mr M Swart (DA) to ask the Minister in the Presidency: Performance
Monitoring and Evaluation as well as Administration in the Presidency:
(1) Whether he has found that the National Youth Development Agency
(NYDA) have been successful in collecting the R34,149 million from
micro-lenders as included in the NYDA income budget; if not, what is
the position in this regard; if so, what are the relevant details;
(2) What savings to expenditure will the NYDA effect to ensure that they
remain within budget allowance?
NW69E
REPLY:
1) The National Youth Development Agency has not been able to collect the
full amount of R34, 149 million and as per current projections there
will be a shortfall on this amount. As at 28 February 2013 the NYDA
had collected R16.6 million. The reasons for the under recovery is
that, at the time of budgeting, the R34 million was projected taking
into account an initiative taken by the organisation of taking to
court all defaulting borrowers within the SME loans category of the
NYDA to recover the outstanding loans through the utilisation of
sureties and bonds taken to secure the loans. However the court
processes have proved to take much longer than anticipated to conclude
for the NYDA to realise the collection of the R34,149 million during
the 2012/2013 as projected.
2) The NYDA has initiated a savings program on operational costs
expenditure targeting communications costs specifically which includes
advertising, marketing and public relations costs to ensure that the
organisation stays within its allocated budget. The savings on salary
costs for budgeted board members remuneration will also assist in
ensuring that costs are contained within budget as the new board is
still not appointed whilst the term of the previous board ended in
April 2012 and that of Provincial Advisory Boards ended in October
2012.
END