Annual Report

Annual Report

Shaping Excellence
2025/26

South African Qualifications Authority: The establishment, evolution and future of the NQF.

23M+
Learner Achievements on NLRD
R147M
Total Revenue
Unqualified
Audit Opinion
01 / Leadership Message

A Year of Strategic Progress

The 2025/26 financial year marked a significant milestone for SAQA as we continued to strengthen the National Qualifications Framework (NQF) while adapting to the evolving education landscape. Our unqualified audit opinion reflects our commitment to governance excellence.

Under the leadership of CEO Nadia Starr and Chairperson Dr. James Keevy, we achieved substantial progress in policy reviews, international alignment, and digital transformation of the National Learners' Records Database (NLRD).

N
Nadia Starr
Chief Executive Officer

“We have ensured that the NQF remains dynamic and responsive to the changing needs of lifelong learning, while maintaining the highest standards of quality assurance.”

Strategic Vision 2025
02 / Strategic Performance

Key Achievements

Measurable progress towards our strategic objectives in quality assurance and qualifications framework development.

Policy Revisions

Highlights

Successfully revised four critical NQF policies to enhance framework responsiveness:

  • Foreign Qualifications Evaluation Policy
  • Qualifications Registration Criteria
  • Professional Body Recognition
  • Credit Accumulation & Transfer
NLRD Expansion
23.03M

Learner achievements recorded on the National Learners' Records Database as of April 2024, progressing toward our 24 million target.

96% of 5-year target achieved

Global Integration

Advancing alignment with continental and international frameworks:

ACQF Alignment In Progress
Addis Convention Implementing
Professional Recognition

Developed and approved the SAQA Professional Body Model following comprehensive research on statutory and non-statutory professional bodies.

New model
Provides a foundation for an enabling environment.
Articulation Focus

Identified qualifications registered after January 2014 lacking articulation pathways and engaged Quality Councils for remediation.

End-date notifications
Issued for June 2023.
Stakeholder Collaboration

Hosted SAQA–Quality Councils engagement sessions to monitor implementation of reviewed NQF policies.

CHE • Umalusi • QCTO • + Partners

03 / Financial Performance

Financial Overview

SAQA maintained a strong financial position with total revenue of R147.2 million and a surplus of R12.0 million. Our accumulated surplus reached R152.7 million, ensuring sustainable operations.

Total AssetsR165.5M
Cash & InvestmentsR112.5M
Property & EquipmentR26.5M
SURPLUS FOR YEAR
R29.0M
Before prior-year adjustments

Revenue Composition

Government Grants & Subsidies R89.2M (60.5%)
Rendering of Services R49.6M (33.7%)
Interest & Other Income R8.5M (5.8%)

Expenditure Analysis

R80.8M
Employee Costs
67% of total expenditure
R35.1M
General Expenses
29% of total expenditure
R3.7M
Depreciation
3% of total expenditure
R0.7M
Maintenance
1% of total expenditure
AUDIT OUTCOME
Unqualified Opinion
The Auditor-General of South Africa issued an unqualified audit opinion for the financial year ended 31 March 2024, with no material findings on compliance or performance information.
04 / The Framework

National Qualifications Framework

Ten levels of learning achievement ensuring quality and progression pathways for all South African qualifications.

10
Doctoral Degree
9
Masters Degree
8
Honours/Postgrad Dip
7
Bachelors Degree
6
National Diploma
5
Higher Certificate
4
National Certificate
3
Intermediate Certificate
2
Elementary Certificate
1
General Certificate

Quality Assurance

Rigorous standards ensuring qualification credibility

Articulation

Clear pathways between qualifications and institutions

Lifelong Learning

Supporting continuous professional development

05 / Governance

Board & Leadership

SAQA is governed by a Board comprising non-executive directors appointed by the Minister of Higher Education, Science and Innovation. The Board provides strategic oversight and ensures compliance with the NQF Act and PFMA.

JK
Dr. James Keevy
Chairperson
NS
Nadia Starr
Chief Executive Officer

Subsequent Event

In March 2024, SAQA concluded a sale agreement for the Hatfield property (SAQA House) at R30 million to Solar Spectrum Trading 332 (Pty) Ltd, with registration envisaged in the 2024/25 financial year.

Compliance Highlights

Zero Irregular Expenditure
No irregular expenditure incurred or reported for the period under review.
Zero Fruitless Expenditure
No fruitless and wasteful expenditure reported.
Audit Compliance
Unqualified audit opinion with no material findings on compliance.
Risk Management
Sound internal controls and risk management processes maintained.

Contact Information

Lourie Place, 189 Lunnon Road, Hillcrest Office Park, Hillcrest, Pretoria
saqainfo@saqa.org.za
+27 12 431 5000
www.saqa.org.za