Vimbiso Scholarship Trust

The Vimbiso Scholarship Trust was founded July 2015 as a collaboration between the Institute of Chartered Accountants of Zimbabwe (ICAZ) and its students body, the Chartered Accountants Students Society.  The students body having witnessed the plight of aspiring accountants who did not progress due to lack of resources, approached ICAZ with the initiative. The purpose of the Vimbiso scholarship trust is to provide educational assistance to academically gifted students from disadvantaged backgrounds wishing to pursue careers as Chartered Accountants in Zimbabwe. The cost of tertiary and professional examinations is out of reach for many in Zimbabwe and the initiative is meant to bridge the gap between disadvantaged and privileged students in achieving the CA (Z) qualification and ensuring equal access to the profession by people from all backgrounds.

The Fund started taking students on board in January 2018 and has not been able to fully absorb all deserving applicants due to funds limitation.  The desire is to grow the fund to enable it to accommodate all the applicants that will be meeting the criteria.  The beneficiaries come from all over Zimbabwe and study at the various local universities. 

Previously the Trust has been funded from voluntary donations from institute charity events and donations from members. With effect from June 2019, the Institute committed to setting aside 2% of the collected member subscriptions for the fund. This is expected to propel the growth in the fund and beneficiaries.