Saica offers rich opportunity

2017-02-08 06:01

The South African Institute of Chartered Accountants (Saica) encourages candidates interested in becoming chartered accountants to apply for the bursaries it offers.

This year, Saica’s Thuthuka Bursary Fund (TBF) is offering more than 300 bursaries to qualifying matric learners interested in becoming chartered accountants.

Those qualifying will be part of the 2018 intake and are encouraged to apply before the closing date on 30 April 2017.

The organisation is targeting talented black and coloured Gr. 12 learners who perform well academically, but do not have the financial means to study towards a tertiary qualification.

Nthato Selebi, project director of the fund, says the bursaries form part of the organisation’s effort to fast track the transformation of the chartered accountant profession in South Africa.

“One of Saica’s primary aims is to help strengthen South Africa’s economy by playing a leading role in transformation and skills development.

“As part of this mission and to contribute to the economic and social upliftment of South Africa’s youths, Saica’s Thuthuka Bursary provides more than just money for students to study. It provides the recipients with full ‘wrap around’ support that reduces university drop-outs, enhances graduation rates and exponentially improves students’ employment potential,” says Selebi.

Aspiring future South African chartered accountants who wish to apply for the bursary must meet the following requirements: obtained at least 60% (5 or above on the National Senior Certificate Scale of Achievement) in Mathematics (not Mathematical Literacy) in Gr. 11; be a South African citizen; be black or coloured; be in Gr. 12; have applied for or are in the process of applying for a BCom Accounting degree at a Saica-accredited university offering the Thuthuka programme; and pass a national benchmark test (NBT).

“The bursary fund model is unique in that it offers qualifying students support, which includes study skills, induction, networking, emotional support, mentorship and counselling, life skills and more.

They are also continuously monitored by our university programme directors to ensure that preventative action and remedial steps are taken as and when a student needs them,” says Selebi.

Candidates qualifying can download the Thuthuka Bursary Fund application form from
thuthuka and must email the complete form to or


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