Mr. Mkhwanazi, (July 20, 2007) 50% of the levies are paid to all participating companies on submission of the workplace skills plans and implementation reports. In addition as much as 20% of the levies are disbursed to those employers who implement learnerships and other skills programs identified as priority in each sector. 10% of the levies are used for the running of the SETAs. Improving current skills levels and creation of new skills through learnerships increases “productivity which is crucial to building internationally competitive industries and sustaining and expanding employment”. (Strong, 2000) Institutions Created by the Act The National Skills Authority (“NSA”) The NSA advises the Minister of Labour on the formulation and implementation of the national skills strategy and policy, implementation guidelines of the above, and allocation of subsidies from the National Skills Fund. The NSA also liaises with the SETAs and reports progress on implementation of skills plans to the Minister. Sector Education and Training Authorities (SETAs) SETAs receive 80% of the levies paid by companies. SETAs develop sector skills plan in line with the national skills development strategy. They approve the workplace skills plans submitted by organizations in their sectors. SETAs also promote and establish learnerships. Finally, SETAs disburse grants to participating companies, provided that those companies have submitted workplace skills plans and implementation reports to the SETA by 30 April every year. Conclusion This legislation affords all key stakeholders the platform and opportunity to participate in a meaningful way in the rebuilding of our country. Through this legislation, transformation is “our business”. This is an attractive option because everybody wins it can be helping any situation for ever. Reference list Legislation The Skills Development Act (1998) Accessed 20 July 2007 Other references Brendan, B., Down, N., (2000) "The Skills Development Act: transforming education and training for workers." S A Labour Bulletin 24(2) p 6 – 11. Erasmus, B.J.& van Dyk, P.S. (2005) Training Management in South Africa. Cape Town, Oxford University Press. Grobler, P.A., Wärnich, S., Carrell, M.R., Elbert, N.F. & Hatfield, R.D. (2006) Human Resource Management in South Africa. 3rd ed. London, Thomson Learning. Strong, L., (2000) "New Skills Legislation replaces apprenticeships." People Dynamics 18(5) p15 – 19. https://web.archive.org/web/20120127064116/http://www.paralegaladvice.org.za/docs/chap06/23.html Accessed 4 April 2012 Comprehensive Summary of Skills Development Act' 1998 in South African law South African legislation