How to become a chartered accountant in Namibia

What is Chartered Accountant?

A chartered accountant is the most highly qualified accountancy professional in many countries across the world. The term refers to professional accountants whose qualifications give them the authority to carry out specific activities in the accountancy spectrum.

Where and how to become a chartered Accountant in Namibia

Before you become a chartered accountants in Namibia, you need to get Bachelor of Accounting (Chartered Accountancy). A candidate must hold a valid Namibia Senior Secondary Certificate (NSSC) or any other equivalent qualification. If you choose to become a chartered accountant, your career is likely to be stable with strong demand for your skills. Depending on the degree course you choose, it will take you four to five years to complete your degree at a university.

Frequently Asked Questions

What are the requirements to study chartered accountant in Namibia?

An Honours degree, Certificate in Theory of Accountancy (CTA), Articles of clerkship, final exams and applying for a Chartered Accountant membership are all part of the journey to being able to write CA (SA) or similar.

How long do you study to become a CA in Namibia?

If you choose to become a chartered accountant, your career is likely to be stable with strong demand for your skills. Depending on the degree course you choose, it will take you four to five years to complete your degree at a university.

How many chartered accountants are in Namibia?

As of 1 April 2019, the Institute has 2,91,698 members out of which 1,92,857 are associates and 98,841 are fellows.

Can I become a CA without maths in Namibia?

You can apply for the exam without Maths. Mathematics is not mandatory for CA-CPT. Even students from science and humanities stream can appear for CA-CPT. But you have to be familiar with basic maths as there is a subject Quantitative Aptitude (Business Mathematics and statistics).

Can you become a CA with BCom general in Namibia?

A student who wants to become a CA; MUST register for a Bachelor of Accounting Science degree provided he/she meet the admission requirements for this degree. BCom degree (also known as BCom general or BCom Double Major No Law-DMNL), offers students a wide variety of MAJOR choices.

What does chartered accountant do in Namibia?

Chartered accountants are professionals who work in various sectors of the economy, managing the finances of an entity, providing financial advice and helping out with money management. This can be for a business, individual or government.

Is CA difficult than MBBS in Namibia?

Both CA and MBBS are almost equally difficult – you have to work hard and study extensively in order to complete both these degrees.

Is CA a stressful job in Namibia?

No, pursuing CA is not a stressful job. Candidates opted for CA has to do hard work for preparing for the CA exams. They need to devote more of their time to preparations.

How many years does it take to be an accountant in Namibia?

For most accounting jobs, you’ll need a bachelor’s degree, which usually takes four years to complete. Once you’re out of school, you can take on an entry-level position like staff accountant, tax staff, or junior internal auditor.

Are Chartered Accountants in demand in Namibia?

A Chartered Accountant (CA) is the highest professional qualification in accounting in South Africa and CA’s are most in demand in the job market.

How many hours do CA work in Namibia?

The articled assistants should undergo practical training in accordance with the Chartered Accountants Regulations, 1988 as explained hereinafter. The working hours for the articled assistants shall be 35 hours in a week excluding the lunch break.

Is CA better than IIT in Namibia?

Both courses have better scope with little difference in programme and procedures of ca or icwai. follow respective website of icai and icmai.

Is 40 too old to become an accountant in Namibia?

Age is not a deciding factor at all. If you visit some CPA coaching centres, you will find people from 21/22 to 50/55 years old also doing CPA. Everybody has their own reasons for doing it, but they do it. So you are never too old for gaining new knowledge.

What do chartered accountants do on a daily basis in Namibia?

Chartered accountants usually go through various financial documents while noting these transactions for future references. They also use the data for additional responsibilities such as taxation, spending and earning reports.

Are chartered accountants unemployed in Namibia?

No CA can’t be unemployed ever. even if you are sitting at home you will find people coming to you automatically for consultation and tax returns. Yes there are some CA who remain unemployed because they took dummy articleship and lack necessary skills required to become chartered accountant.

What is Chartered Accountant?

A chartered accountant is the most highly qualified accountancy professional in many countries across the world. The term refers to professional accountants whose qualifications give them the authority to carry out specific activities in the accountancy spectrum.

Where and how to become a chartered Accountant in Namibia

Before you become a chartered accountants in Namibia, you need to get Bachelor of Accounting (Chartered Accountancy). A candidate must hold a valid Namibia Senior Secondary Certificate (NSSC) or any other equivalent qualification. If you choose to become a chartered accountant, your career is likely to be stable with strong demand for your skills. Depending on the degree course you choose, it will take you four to five years to complete your degree at a university.

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Complete Guide to NSFAS Online Loan Application for South African Students (2025)

If you are a South African student looking to pursue higher education but are facing financial difficulties, the National Student Financial Aid Scheme (NSFAS) is one of the most accessible funding options available. NSFAS provides financial aid in the form of bursaries and loans to qualifying students at public universities and TVET colleges in South Africa.

This guide will walk you through everything you need to know about the NSFAS loan application process, from eligibility requirements to application steps and frequently asked questions.

📌 What is NSFAS?

The National Student Financial Aid Scheme (NSFAS) is a government-funded financial aid scheme aimed at helping students from low- and middle-income households to access tertiary education without the burden of upfront fees.

NSFAS offers both bursaries and income-contingent loans:

  • Bursaries: For eligible students who meet academic and household income criteria (especially for TVET and university students).
  • Loans: For students who do not meet all bursary criteria or who are pursuing postgraduate qualifications not funded under bursary schemes.

✅ Who Qualifies for an NSFAS Loan?

To qualify for an NSFAS loan (especially for postgraduate students or programs not funded under the bursary system), you must:

  • Be a South African citizen.
  • Be financially needy, with a household income of less than R350,000 per year.
  • Have a valid South African ID.
  • Be enrolled or accepted to study at a public university or TVET college.
  • Not be funded through another bursary program that covers all expenses.
  • Maintain satisfactory academic progress (returning students).

📚 Courses Funded by NSFAS

NSFAS primarily funds undergraduate qualifications, but certain postgraduate programs (e.g., PGCE, postgraduate diplomas in education, and professional courses like LLB) may be considered under the NSFAS loan scheme, not bursaries.

If you’re studying:

  • Undergraduate degree or diploma: You are likely eligible for a full NSFAS bursary.
  • Postgraduate study: You may qualify for a loan, depending on the course and funding availability.

📄 Required Documents for NSFAS Application

When applying, make sure you have the following documents scanned and ready:

  1. Certified copy of your South African ID or Smart Card.
  2. Parent(s) or guardian(s) ID documents.
  3. Proof of income (latest payslips, UIF, or affidavit if unemployed).
  4. Consent Form signed by your parent(s)/guardian(s) to allow NSFAS to verify income.
  5. Proof of registration or acceptance at a public institution.
  6. Academic transcripts (for continuing or postgraduate students).

🖥️ How to Apply for an NSFAS Loan Online

Step-by-Step NSFAS Online Application Process (2025)

  1. Visit the NSFAS Website

    Go to: https://www.nsfas.org.za

  2. Create an Account

    • Click on “MyNSFAS” and register your profile.
    • You’ll need a valid email address and South African cellphone number.
    • Choose a strong password and verify your account via email or SMS.

  3. Login and Start the Application

    • After registration, log in to your MyNSFAS account.
    • Click on “Apply” to begin a new application.

  4. Fill in Your Personal Details

    • Input your ID number, name, surname, and other details exactly as they appear on your ID.
    • Provide household income information and living arrangements.

  5. Upload Required Documents

    • Upload all supporting documents in PDF or JPEG format.
    • Each document must be clear and under the size limit specified.

  6. Submit Your Application

    • Review your application for accuracy.
    • Click “Submit” and wait for a confirmation message.

  7. Track Your Application

    • Log in regularly to check your application status.
    • You will be notified via SMS and email at each stage of the process.

🗓️ Important NSFAS Dates (2025)

  • Application Opening Date: September 1, 2025
  • Application Deadline: January 31, 2026
  • Appeals Period: February 2026 (if rejected)
  • Disbursement: After registration and approval

Note: Dates are subject to change; always confirm on the official NSFAS website.

💸 What Does the NSFAS Loan Cover?

NSFAS funding typically includes:

  • Tuition fees
  • Registration fees
  • Accommodation (if living away from home)
  • Meals and transport
  • Learning materials (e.g., textbooks)

For loans, repayment is only required once you start working and earn above a threshold (around R30,000 annually, but subject to change).

🔄 NSFAS Loan Repayment

Repayments are:

  • Income-contingent – you only repay when you can afford to.
  • Administered by DHET (Department of Higher Education and Training).
  • Interest-bearing, but interest rates are low and favorable.

You can also apply for a partial loan conversion to a bursary if you perform well academically.

🔁 How to Appeal a Rejected NSFAS Application

If your application is rejected, you may submit an appeal via your MyNSFAS portal:

  1. Log into your MyNSFAS account.
  2. Click on “Track Funding Progress”.
  3. If rejected, click on “Submit Appeal”.
  4. Upload any missing or corrected documents.
  5. Provide a clear explanation or motivation.

📱 NSFAS Contact Information

📝 Final Tips Before Applying

  • Apply early to avoid system overload near the deadline.
  • Use your own email and cellphone number (do not use someone else’s).
  • Double-check that all your documents are certified and legible.
  • Keep a copy of your submission confirmation for reference.

By following this guide, you can confidently apply for NSFAS funding and move one step closer to achieving your academic and career dreams—without the burden of immediate financial pressure.

 

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