2.1 Theta Mr M Tsotetsi: Chief Executive Officer led the presentation which highlighted the following key issues: . The general objective of Theta is to facilitate, coordinate and identify skills shortage in the tourism hospitality and sport sector. . The main challenges of the Seta in the year under review included but were not limited to over commitment of funds as a result of too many programmes in preparation of the 2010 World Cup, 0% performance in critical skills programmes, poor performance in new venture creations, operating without an extended licence, miss-statements and errors and financial reporting and two emphasis on matter reported by the Auditor General in financial management of the Seta. . The Seta received 4 out of 5 in its performance scorecard rating.