Chapter 04 · The money trail
Following every Rand from allocation to outcome
The skills-development financing system is large, fragmented and weakly outcome-linked. This chapter follows the money — and asks what it bought.
Aggregate flow
Allocated
R28.9B
Annual budgets
Committed
R21.8B
76% of allocated
Disbursed
R14.4B
50% of allocated
Employer co-funding
R2.6B
Private sector match
Allocated → Committed → Disbursed