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MEC for Education, Dr Tate Makgoe, presents an award to Khesa Maphakiso from Beacon High School at the ceremony.
MEC for Education, Dr Tate Makgoe, presents an award to Khesa Maphakiso from Beacon High School at the ceremony.

Projections indicate that by 2020 about 80% of all jobs will require some level of competency in Science, Technology, Engineering and Mathematics (STEM). Also, given the rising unemployment rate and the subsequent demand for entrepreneurial skills in the past few years, STEM education has become a priority for South Africa.

A step in the right direction

Equipping young people to be efficient in the world of work and business is a major driver behind the country’s education system. The MEC for Education in the Free State reiterated the importance of STEM subjects. Dr Tate Makgoe addressed about 200 top-performing Grade 12 learners from quintile 1-3 schools in the province who were attending the South African Institute for Chartered Accountants (SAICA) maths camp.

Making mathematics fashionable

The week-long camp recently closed with an awards ceremony which was held on the Bloemfontein Campus of the University of the Free State (UFS). Nine of the creams of the crop of matric learners were honoured for their achievements in mathematics, physical science, and accounting.

Zinhle Gumbi, from Morena Mokopela Secondary School, one of the three Mathematics Top Achiever award recipients has become more determined to choose a maths-related profession. “I have told myself that any career I follow must include maths. Dr Tate Makgoe said we must prove to people that the black child can do it.”

Emerging as one of the Accounting Top Achievers was Albert Ramatsekane from Tsoseletso Secondary School who intends to pursue a Chartered Accountant (CA) qualification. “The camp has boosted my confidence. Now I can choose the CA stream without thinking twice.” 

Sowing the seed and reaping the fruits

Accounting lecturer Mojalefa Mosala was satisfied with the results of the camp. “I am happy to see many familiar faces in my classes who have attended previous camps. It means we’re doing something right.”

Mosala, a former assistant camp organiser, has confidence in the project as it “affords a rare opportunity to learners who have not been exposed to information, the higher learning environment, study skills and motivational figures to experience all of these”. 
Kovsies prides itself in partnering with industry stakeholders to build the future of the country, one maths camp at a time.



News Archive

Kovsies do well in SAICA QE1 exam
2010-06-10

Students from the University of the Free State (UFS) performed well in Part I of the Qualifying Examination (QE I) of the South African Institute of Chartered Accountants (SAICA).

Of the 43 Kovsie students who wrote this examination for the first time, 34 (79%) passed. The average passing rate for residential universities is 73%.
 
This exam sets the standard for Chartered Accountants (CA) and is written after the completion of the B Acc (Hons). The QE1 aims to assess the core technical competencies of prospective CAs.
  
The examination consisted of four sections, namely Auditing, Financial Accounting, Management Accounting and Taxation. The Kovsie students had the best results in the country in the Taxation section. This is an enormous accomplishment, as the average percentage of the 14 accredited universities writing the examinations for Taxation was 51.6%. The Kovsie students passed with an average of 65.38%.
  
Prof. Hentie van Wyk, Programme Director at the Centre for Accounting at the UFS, says he is satisfied with the results and the standard of the Kovsie students who wrote the exam. Five students who passed the QE1 exam are currently academic clerks at the Centre for Accounting. The five clerks will start their second year of practical traineeship at different companies/firms in 2011.
 
In order to qualify as a CA and become a full member of SAICA, the students will also have to complete a specialist diploma, pass the final examination and complete the remaining period of their practical training. Once all three these requirements have been completed, the students will qualify as CAs in South Africa.

Media release
Issued by: Lacea Loader
Director: Strategic Communication (acting)
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl@ufs.ac.za  
9 June 2010

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