The Letsema Learnership Programme is a 1-year annual apprenticeship in the banking and micro-financial sectors funded by BANKSETA. BANKSETA will pay for the recruitment of those who have completed the numbers (12th), for apprenticeships, for the training of learners, a monthly scholarship (stipend) for each learner and support for learners. An apprenticeship contract is a legally binding contract and any irregularity or breach of the contractual terms is dealt with in accordance with sections 17 and 18 of the Skills Development Act, 97 of 1998. Bankseta makes the fund available for the Letsema Learnership programme. Its main objective is to recruit unemployed young people so that they can continue their studies and then enter the working environment with better qualifications and increased skills. The learning capacity lasts one year (12 months). The learning experience has been identified as one of the best ways to develop skills for both workers and the unemployed, based on the unique feature that a learning experience is a professional learning programme combining structured theory and practical experience and leading to a qualification registered by the Saqa (South African Qualifications Authority). . . .