Transnet has launched its bursary drive by inviting eligible students to apply for about 171 bursaries and a training programme for Chartered Accountants. This is in line with the company’s commitment to expand and strengthen its skills base, with a particular focus on scarce skills in the engineering and accounting fields. Transnet has set aside R7, 6 billion over the next 10 years for skills development and bursaries as part of its rolling R380 billion infrastructure investment programme, the Market Demand Strategy. About R1, 2bn of this amount will be spent on bursaries. The bursaries are for full-time study towards a Bachelor of Engineering or a Bachelor of Science in Engineering at any South African University in the following disciplines:
- Civil Engineering
- Electrical Engineering (heavy current)
- Electronic Engineering
- Mechanical Engineering
- Industrial Engineering
- Metallurgy Engineering (physical).
The bursary covers full costs, including tuition fees, accommodation and meals, a book allowance, a computer (from 2nd year if required), and on-the-job training. Transnet has funded 3 288 students since the launch of its bursary scheme in 1994.
Transnet also offers a three-year learnership programme for candidates with a Certificate in Theory of Accounting (CTA) or Bachelor of Accounting Sciences in Financial Accounting (Bcompt/Hons) or equivalent. Transnet’s Chartered Accountants Training programme is accredited with the South African Institute of Chartered Accountants and provides practical experience and preparation for board examinations.
The programme includes extensive training in financial management, management decision making, financial accounting, internal audit & corporate governance, auditing & assurance and taxation. This also includes the professional skills like interpersonal & communication skills, intellectual skills, personal skills, and organisational & management skills. In addition, Transnet‘s training plans are responsive to the critical skills requirements of the wider economy. The company has established feeder pipelines for critical skills categories including artisans, engineers and technicians and sector specific initiatives.
- Bursaries – Grade 12 learners with outstanding achievements in Mathematics and Physical Science and should be South African.
- Chartered Accountants Training Programme – Certificate in Theory of Accounting (CTA) or an BCompt Hons/final year/ Current final year CTA students are also eligible to apply.
How to apply
Applications close on 31 July 2016. Click here to download the form. Send your bursary application to email@example.com / fax: (011 774 9235) and email the CA applications to firstname.lastname@example.org.