Half of Setas have been investigated for financial mismanagement, - TopicsExpress



          

Half of Setas have been investigated for financial mismanagement, fraud and corruption City Press reports that half of SA’s Sector Education and Training Authorities (Setas) have been forensically investigated amid claims of financial mismanagement, fraud and corruption, and some are under administration or are facing administration. Meantime, the Setas received R37 billion over the past three years from companies, which contribute 1% of their total payroll to the skills levy that is used to run Setas. This information was revealed after City Press filed a Promotion of Access to Information Act request asking the department of higher education and training for all information regarding the performance of the Setas – the results of which paint a grim picture. Setas have been experiencing serious difficulties, especially in the areas of financial management and evaluation systems, and there is no adequate monitoring system with accurate records of the number of people who have benefited from the system. The Setas’ main mandate is to ensure a skilled workforce through education and training. At least six Setas received qualified audits in the 2012/13 financial year and, since 2011, at least five – including the Services Seta, which received more than R1 billion in the past financial year – were placed under administration. It seems that Culture, Arts, Tourism, Hospitality and Sport Seta (Cathssetta) was put into administration last week. Higher education spokesperson Khaye Nkwanyana said steps were being taken to ensure that Setas were more accountable, that they spent the majority of their funds on scarce or critical skills and that they played a greater role in supporting the broader education and training system.
Posted on: Mon, 20 Oct 2014 11:24:10 +0000

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