Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Industry Charters

Chartered Accountancy Charter

Appendices

Appendix 4: Statistics and Pipeline Information

QE Pipeline Statistics

Part 1 of the QE: First-Time Entrants

Purchase

	African		Coloured		Comparative pass % for whites
	No.	Pass %	No.	Pass %	Comparative pass % for whites
2004	374	47%	70	57%	68%
2005	407	39%	85	60%	69%
2006	375	45%	112	54%	68%
2007	311	54%	107	70%	72%

From the above statistics it is clear that a worryingly small number of new entrants, both in the African and Coloured race groups, are entering the pipeline. There is a clear need for initiatives at school, under- and postgraduate levels to stimulate growth in real numbers.