List of abbreviations/acronyms

AA Accounting Authority
ACT The Lotteries Act (Act No.57 of 1997) as amended
AFS Annual Financial Statements
AGSA Auditor-General South Africa
B-BBEE Broad-based black economic empowerment
BEE Black Economic Empowerment
Board Board of Directors of the NLC
CATHSSETA Culture, Arts, Tourism, Hospitality, Sports, Sector Education and Training Authority
COMMISSIONER Commissioner of the NLC
DA Distributing agency
ECD Early childhood development
ERP Enterprise Resource Planning
Exco Executive Committee
GBV Gender-based violence
GRAP Generally Recognised Accounting Practice
HCM Human capital management
ICT Information and communication technologies
IPSAS International Public Sector Accounting Standards
KPA Key performance areas
KPI Key performance indicators
MOU Memorandum of understanding
MTEF Medium-Term Expenditure Framework
NCCRWP National Climate Change Response White Paper
NDP The National Development Plan
NGO Non-governmental organisation
NLC National Lotteries Commission established in terms of the Lotteries Amendment Act, including its controlled entities, being National Lotteries Distribution Trust Fund and National Lotteries Participants Trust.
NLDTF National Lottery Distribution Trust Fund
NLPT National Lotteries Participants Trust
NPC Non Profit Company
NPO Non-Profit Organisation
PFMA Public Finance Management Act (Act No. 1 of 1999) as amended
PR Public relations
RFP Request for proposal
ROI Return on Investment
SAICA South African Institute of Chartered Accountants
SCA Supreme Court of Appeal
SCM Supply chain management
SDGs The United Nations’ Sustainable Development Goals
SMART Specific, measurable, achievable, relevant and time-bound
SMMEs Small, Meduim and Micro Enterprises
SOE State-owned entities
SOP Standard operating procedures
the dtic Department of Trade, Industry and Competition