Curro eyes international growth with Botswana university stake

JSE-listed independent school group Curro Holdings, said on Monday that it has acquired a 50% stake in Botswana-based BA Isago University.

Curro which has 47 campuses or 110 schools and more than 42,000 learners, acquired, the university via its wholly-owned subsidiary The Embury Institute for Higher Education.

Embury is a registered and accredited institute for higher education
focusing primarily on teacher education.

BA Isago University was established in Botswana in 2002 and operates from four campuses – Gaborone, Fancistown, Serowe and Maun. It has approximately 3,000 students and intends to expand to accommodate about 6,000 students.

“The BA Isago University acquisition aligns with Curro’s business strategy
and offers a strong Faculty of Education,” Curro said in a statement.

The group said its vision is to have 200 schools /80 campuses by 2020.

The private education sector in South Africa is beginning to see rapid growth. Last week, Pembury Group announced that it had received approval from the JSE Limited to proceed with an application to list on the Alternative Exchange (AltX).

In 2014, Pembury Lifestyle Group launched PLG Schools which has since grown to seven campuses with 19 schools.  Its schools offer a co-ed learning environment with a maximum of 25 learners per class, from Pre-Primary to Matric, with English as the primary language of instruction.

PLG Schools currently operates in Gauteng and the North West Province. In 2017, the group will open three new campuses in Centurion, Roodepoort and Springs; taking the number of campuses to seven, with 19 schools.

The school will have 2,200 pupils by next year, up from 420 two years ago, and double its content in 2016.

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Curro eyes international growth with Botswana university stake