Public Sector Leaders | April 2022

Page 38

ADVERTORIAL SAICA

Thuthuka

Inspiring success and changing lives for the past 20 years

T

his year marks 20 years since the chartered accountancy profession reinvented its earnest efforts to ensure that its membership base was more inclusive and representative of the country’s demographics. In celebration of what South Africa's then Deputy President, Kgalema Motlanthe, called “the most successful transformation and skills development programme in South Africa”, we look back at the South African Institute of Chartered Accountants’ (SAICA) Thuthuka programme. WHY SAICA TURNED ITS FOCUS ON TRANSFORMATION Although SAICA’s transformation efforts were kicked into high gear in the early 2000s, when Thuthuka was born, talks about how to reach its transformation targets began much earlier in the 1980s. At the

time, SAICA’s three-part objective was to “encourage collegiality; involve all societies in the institute; [and] maintain exceptional standards.” The first and third objectives were relatively easy. Opening up the profession to all races, however, was a different story. With the first black chartered accountant [CA(SA)], Professor Wiseman Nkuhlu, only achieving the designation in 1977, the profession’s transformation record was virtually non-existent – with only one black and 11 Indian CAs(SA) making up SAICA’s membership base. The conundrum of how to open up the profession given the deficiencies of the apartheid education system and its long-term effects on South Africa’s skills and employment, cannot be underestimated. The

38 | Public Sector Leaders | April 2022

state of education in the institutions black people were allowed to attend was vastly inferior to the education on offer to their white counterparts. This discrepancy convinced SAICA of the need to create a solution. The knowledge that it takes seven to ten years to produce a fully-qualified CA(SA), after Grade 12, meant that the solution had to be long-term, sustainable and high-volume. THE PROFESSION TAKES THE FIRST STEPS… Having recognised the need to open the doors to more black and female CAs(SA), SAICA established a committee to champion this. In 1987, SAICA, together with the then Public Accountants and Auditors Board (now the Independent Regulatory Board for Auditors), and the Association for the Advancement of Black Accountants,


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Articles inside

Workplace Harassment: New legal changes

2min
page 66

Public Debt :This is how it affects your bank balance

5min
pages 64-65

Preventing outbreaks of diseases amongst livestock and domestic animals

4min
pages 62-63

Fighting climate change through forecasting

5min
pages 60-61

Childhood Literacy: Creating a foundation for South Africa’s future

4min
pages 58-59

Building South Africa's economic future through investment in infrastructure

5min
pages 56-57

TOP DESTINATIONS IN SOUTHERN AFRICA

7min
pages 52-54

The Institute for the Study of Legislatures

4min
pages 50-51

A new approach to Home Affairs

5min
pages 48-49

Investing in infrastructure to grow the provincial economy

5min
pages 46-47

Public Sector Leaders | April 2022

5min
pages 42-43

The top 4 programmes unlocking youth potential

5min
pages 40-41

Thuthuka: Inspiring success and changing lives for the past 20 years

5min
pages 38-39

3 THINGS YOU DIDN’T KNOW ABOUT Honourable Thandi Modise

4min
pages 36-37

Protecting South Africa's financial resources

5min
pages 34-35

DILEMMA OF ORGANS OF STATE IN THE FACE OF IRREGULAR ADMINISTRATIVE ACTIONS

5min
pages 32-33

The role of transport and logistics in economic development

5min
pages 30-31

MOVING SOUTH AFRICA FORWARD

6min
pages 26-29

Celebrating Freedom Day across South Africa

4min
pages 24-25

WE ALL HAVE THE SEEDS OF MADIBA MAGIC WITHIN US

3min
pages 22-23

SPECIAL FREEDOM DAY FEATURE: REMEMBERING MADIBA

5min
pages 19-21

Gauteng Leading the way with electrical waste recycling

7min
pages 12-17

SARS is taking the wind out of the sails of tax dodgers

4min
pages 10-11
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