Fin24

We deserve pat on the back, says NYDA

2012-09-27 14:42

Johannesburg - The National Youth Development Agency (NYDA) has hit back at criticism of its financial affairs, suggesting that it actually deserves a pat on the back.

"Last year, we achieved 85.7% of our key performance indicators," CEO Steven Ngobeni told reporters in Johannesburg on Thursday.

"This year, we have achieved 90%. To us, this sounds like an improvement, contrary to the reports we have read."

Auditor General Terence Nombembe indicated on Tuesday that procurement procedures of the NYDA were in tatters.

In the NYDA's annual report tabled in parliament, Nombembe noted more than R133m in irregular expenditure.

That meant more than two-thirds of the agency's spending did not comply with National Treasury regulations.

Nombembe highlighted various gaps in the agency's financial reporting, and pointed out that the NYDA management did not submit quarterly budgetary reports, as required by law.

This prompted some opposition MPs to call for the NYDA to be disbanded.

Ngobeni, however, said the AG's office had raised only two matters of concern in the latest annual report, compared to five the previous year.

These concerned material impairments and irregular expenditure.

The first case, Ngobeni said, concerned impaired debts to young entrepreneurs.

In the previous financial year, impaired loans had increased by 36% year-on-year.

However, this growth had slowed to 15% for the 2012 financial year.

"This means less and less young people are defaulting on the loans being given to them," Ngobeni said.

As a developmental institution, the NYDA appreciated the high-risk nature of its clientele.

Irregular expenditure was not fruitless and wasteful expenditure, nor was it unauthorised.

"It does not even suggest any suspicion of corruption and maladministration," said Ngobeni.

The irregular expenditure had been incurred for goods and services authorised in line with NYDA policies and procedures, Ngobeni said.

However, some National Treasury regulations were not adequately complied with.

Decentralised supply chains, and a lack of capacity, had resulted in poor record keeping, and, in some cases, goods being procured from suppliers with expired tax clearance certificates.

"We have since taken corrective actions as far back as 2011," he said.


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Comments
  • sisie.indola - 2012-09-27 14:51

    OMG - okay so this year you actually managed to split 90% of your budget on yourselves - that is as in salary, party, bonus anything else - and you want a pat on the back.

      squeegee.pilot - 2012-09-27 15:16

      They deserve a kick up the jack...

      claudia.meads - 2012-09-27 16:24

      The National Youth Development Agency, should rather be, The National Youth Delusion Agency...

      Megala - 2012-09-28 05:21

      AFRICAN STANDARDS ARE SO DIFFERENT FROM WESTERN STANDARDS...AFRICANS BELIEVE UNDER PERFORMANCE IS WAY BETTER THAN NO PERFORMANCE AND MEDIOCRITY IS SEEN AS A BIG ACHIEVEMENT. SOUTH AFRICA IS AT HEADING DOWN THE PATH OF FAILED AFRICAN NATIONS THANKS LARGELY TO ORGANIZATIONS LIKE THIS!

  • sharon.erwin.96 - 2012-09-27 14:57

    First tell all of us what these "key performance indicators" are, and then tell us your salaries! Based on a previous article: "NYDA now employed 500 people at an average cost of R29 000 per staff member per month" The NYDA is nothing more than a cash cow for those involved in it and should be disbanded. The money can be used for the youth wage subsidy.

  • john.turner.58760608 - 2012-09-27 15:01

    Can anybody tell me whatthe NYDA does? All I know is that it is staffed with a bunch deployed morons whose only talent is directing money towards themselves in either salaries totally incommesurate with any industry or shindigs.

      jannie.kotze.7 - 2012-09-27 16:05

      Easy. They abuse stolen tax payers money and give kickbacks to their bosses who keep them in office to repeat it and continue doing the circle over and over. Now you know why the cANCer will never repremand them!

  • winifred.watson.9 - 2012-09-27 15:18

    Kissing Conference................waste of space. Not one of these So called youth organisaion do anything for the youth except waste money and a waste of time. They have no idea..........go back to kissing.

  • klaas.waarzegger.7 - 2012-09-27 15:20

    He is worried that he won't be receiving a performance bonus, hence he is patting himself on the back since no one else would.

  • dave.nutter.75 - 2012-09-27 15:23

    Having a freebee, doing nothing but spending the taxpayers money. Its about time that we get rid of them.

  • Tony Lapson - 2012-09-27 15:33

    Tried to help an ambitious member of staff get a grant from the NYDA. Helped him with the business plan and everything. This happened 3 years ago with us constantly harassing them for a chance. We eventually realized that they had absolutely no interest in even responding to us. The truth is that they are only there to serve themselves, and other more fortunate "friends". The NYDA is about making young (already privileged) richer. It operates within circles of connections.

  • freddie.jones.58367 - 2012-09-27 15:33

    The first case, Ngobeni said, concerned impaired debts to young entrepreneurs. In the previous financial year, impaired loans had increased by 36% year-on-year. However, this growth had slowed to 15% for the 2012 financial year. "This means less and less young people are defaulting on the loans being given to them," Ngobeni said. 15% INCREASE in the number of people defaulting on loans means simply and INCREASE!!! The rate of increase might have slowed down, but it is still increasing. The stupid sod can't even count!

  • freddie.jones.58367 - 2012-09-27 15:36

    The first case, Ngobeni said, concerned impaired debts to young entrepreneurs. In the previous financial year, impaired loans had increased by 36% year-on-year. However, this growth had slowed to 15% for the 2012 financial year. "This means less and less young people are defaulting on the loans being given to them," Ngobeni said. 15% INCREASE in the number of people defaulting on loans means simply an INCREASE!!! The rate of increase might have slowed down, but it is still increasing. The stupid sod can't even understand this!

  • attie.gerber.1 - 2012-09-27 15:45

    i suppose malema is also on the payroll. surely these people can get loans through the banks or the i d c.

  • david.davids.5070276 - 2012-09-27 15:46

    Please, please let me do it please Please let me pat you on the back ......of your head with a baseball bat. You prick.

  • ingrid.oberholzer - 2012-09-27 15:53

    The ROT sets in, heaven help us if this is the future leaders.

  • raymond.kok3 - 2012-09-27 15:54

    and the reason for your existance is what again ,you only relavant in your own peanut brains

  • Zolile - 2012-09-27 15:56

    Can someone please enlighten me of the achievements of NYDA in addressing challenges that are faced by the youth. I believe that it was formed to focus on youth development issues. The youth is hit hard by huge unemployment, drugs, involved in crime and pregnacy to mention but a few, and I don't remember hearing anything done by the organisation to address same, they are silent on any issues that are youth related, they are invincible, abakhulumi. I might be ignorant and I am open to someone out there educating me. Do I really need to research specifically about them to know this information, do I have to peruse their annual reports to get this information?

  • tommy.jones.754918 - 2012-09-27 16:02

    While reading this, my right eye started twitching. Why must I turn every cent, comply to every government regulation - and that is just to survive. These guys just do the opposite, and they want a pat on the back.

  • richard.amblersmith - 2012-09-27 16:31

    What a surprise it would be if they assisted the tragically deprived students of Polokwane.But NO,that is not a boozing horing financial joll. We have a youth league who does not care either.Shut them down .

  • alf.pop - 2012-09-27 16:58

    Too bad nobody in NYDA can work out percentages! They used the same source that works out the matric pass rates every year!

  • Vince.York - 2012-09-27 19:49

    Very seldom ever has a thief, caught and brought to court, acknowledged that he had excelled in the thieving he perpetrated. Shows how misguided and corrupt the levels of this anc-pf government have reached when such massive amounts of public money can be slewed away as though irrelevant.

  • tobydt - 2012-09-27 20:30

    I'll see your pat on the back and raise you a foot up the ass.

  • sewsexy - 2012-09-28 07:31

    Your key performance - was that to steal 90% of the budget for yourselves - well, good job, YES, you do indeed need to pat yourselves on the back for achieving this - WELL DONE !!!! Thieving is all that you are good at !!!

  • mart.botha - 2012-09-28 13:27

    When the bar is set very low by myself, for myself and with total disregard for anyone else but myself, I too do quite bloody well thank you. These turkeys still believe that having a 'meeting' is the same as worlking. All a meeting achieves is it hamstrings innovative thinking, kills ideas that will probably work, denies entrepeneurs the room to express themselves and lastly it is the ultimate way to hide hard truths!

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