Institute of Chartered Accountants Australia (ICAA) and the New Zealand Institute of Chartered Accountants in December 2014, the newly created 'Chartered Accountants Australia and New Zealand (CA ANZ)' became the sole national accountancy body in New Zealand, which is in a strategic alliance with the ACCA. At the end of 2016 there were 502 members in New Zealand. Caribbean, Central and South America The ACCA is an affiliate of the Institute of Chartered Accountants of the Caribbean. The ACCA qualification is legally recognized in the French Guiana (Part of France and hence subject to European Union regulations). At the end of 2016 there were 4,857 members and 16,000 students in the Caribbean. Africa Kenya ACCA is recognised in Kenya and has an office in the country. Some universities offer ACCA. Namibia ACCA was awarded full and unconditional accreditation status as a professional body in Namibia by the statutory Public Accountants' and Auditors' Board (PAAB) on 24 November 2016. The PAAB is a statutory body established to oversee the profession and maintain a register of persons entitled to work or practise as public accountants or public auditors in Namibia. South Africa Although ACCA holds recognition for statutory tax purposes, it has no agreement with any accountancy body in South Africa, while ICAEW, ICAS and CA Ireland have agreements with South African Institute of Chartered Accountants. Zimbabwe ACCA Zimbabwe is one of the constituent bodies of the Public Accountants and Auditors Board (PAAB). The PAAB is a statutory body established in 1996 to oversee the profession and maintain a register of persons entitled to work or practise as public accountants or public auditors in Zimbabwe. Only ACCA members in good standing and Institute of Chartered Accountants of Zimbabwe can register as auditors. Asia China ACCA entered China in late 1980s, and has developed its China base rapidly in recent years. It has entered into agreements with 41 Chinese Universities, many of which are leading in the disciplines of finance and accounting as well as having excellent academic reputations in a wider range of subjects. The most well known institutions include Tsinghua University, Xiamen University, Central University of Finance and Economics, Shanghai University of Finance and Economics, Southwestern University of Finance and Economics, Xi'an Jiaotong University and Sun Yat-Sen University. As of early 2019, ACCA had 25,000 members and 108,000 students in China, with 11 offices in Beijing, Changsha, Shanghai, Chengdu, Guangzhou, Shenzhen,