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SETA SPENDING WITHIN LIMITS.

Financial Mail

| December 23, 2005 | COPYRIGHT 2001 Johnnic Communications. (Hide copyright information)Copyright

(From Financial Mail)

Merseta has an impeccable financial record and has more than sufficient funds for the next four years to cover all commitments SETA SPENDING WITHIN LIMITS It is with the utmost dismay that Merseta read your article about sector education & training authorities' (Setas) overspending (Business December 16). The writer failed to solicit comment from Merseta (the manufacturing- and engineering-related service Seta) before publishing the article and, as a result, the FM published hugely inaccurate and unconfirmed information about Merseta. The report that Merseta ended the past financial year with a large liability, having overspent by R30m on …

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