Success Stories

Thuthuka successes

• The Thuthuka Bursary Fund has, in 2005 and 2006 collectively, offered 311 bursaries to learners from historically disadvantaged backgrounds;
• Thuthuka Bursary Fund-supported students' in participating universities achieved a 90% overall pass rate for 2005;
• At the end of 2002, the Grade 12 Thuthuka-supported learners did remarkably well in the exams, with 64% passing mathematics and 77% passing accounting;
• Also, in 2002, a total of 142 first year students enrolled in the Thuthuka tertiary education programme at Fort Hare University with 83% of these students passing at the end of 2002;
• In 2003, at least 75% of the first-year students who enrolled for a BCom degree made it into the second year and at least 70% of the second-year students made it to their third year of studies at the University of Fort Hare;
• In 2004, a remarkable 96% of the first intake of first-year students passed at the University of Limpopo - remarkable, this was eclipsed by the second intake of first-year students who achieved a 98% pass rate;
• By 2005, the Thuthuka secondary schools programme had exposed some 16 000 learners to Thuthuka, which number will have risen to more than 25 000 by the end of 2007;
• Also, this programme has been swelled from the initial R62 million grant by a further R75 million from the Department of Labour's National Skills Fund for the rollout to Limpopo and KZN, a further R50 million for the five-year Thuthuka Gauteng roll-out and R25 million from the Department of Science and Technology and over R20 million in support from Fasset for various programmes;
• Thuthuka-supported students in the Universities of Fort Hare, Limpopo, Witwatersrand, Cape Town and Johannesburg are involved in community projects, encouraging learners from communities where they come from to pursue maths as a subject. In ploughing back into the community they expose other young people to the CA(SA) profession.
• A significant increase in the pass rate for African repeat candidates from 19% to 30% in 2008, based on the remarkable pass rate of 53% for the 196 participants of the Thuthuka Repeat QE programme, launched in 2007;and
• An 80% pass rate amongst Thuthuka students.

Highlights (TEUF)

• 22 nationwide projects since 2002
• First 26 Thuthuka graduates pass the Qualifying Examination 1 with a 73% pass rate.
• Over 1 500 African and coloured Thuthuka students at universities in the pipeline to become prospective CA5(SA).
• Over 7200 individuals reached in 2007.
• 3 097 learners at school
• 398 educators
• 267 school management and governing body members
• 2 720 undergraduate students
• 534 postgraduate students
• 215 trainees
• True transformation of the CA(SA) profession is beginning to be realised.

Highlights (TBF)

• Over 1 500 African and coloured students studying on the Thuthuka undergraduate programmes
• Thuthuka students are achieving commendable pass rates namely :
  lst years - 88%
  2nd years - 83%
  3rd years - 67%
• 276 students recruited for 2008
• 43 Thuthuka students will enter the Certificate in Theory of Accounting level in 2008
• 6 universities participating in the Thuthuka programme
• 71 committed donors contributing funds to the Thuthuka Bursary Fund
• The first Thuthuka CAs (SA) expected to qualify in 2011