{"id":620849,"date":"2022-08-30T16:38:04","date_gmt":"2022-08-30T14:38:04","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=620849"},"modified":"2022-09-02T09:25:21","modified_gmt":"2022-09-02T07:25:21","slug":"private-school-prices-compared-in-south-africa-curro-vs-crawford-vs-others","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/lifestyle\/620849\/private-school-prices-compared-in-south-africa-curro-vs-crawford-vs-others\/","title":{"rendered":"Private school prices compared in South Africa – Curro vs Crawford vs others"},"content":{"rendered":"

Independent school operator ADvTech on Monday (29 August) reported an 18% increase in revenue for the six months ended June 2022, to R3.38 billion.<\/p>\n

According to the group, the number of learners enrolled in its 108 schools increased by 8% in South Africa to 29,599 learners in total.<\/p>\n

Roy Douglas, the group’s chief executive officer, said that ADvTECH delivered another set of strong results that reinforce the group\u2019s consistent performance and highlights the robust, resilient business model.<\/p>\n

ADvTech’s business model is one of growing a network of private education institutions at a profit, a model that has grown in popularity in recent years through the likes of Curro, the Reddam network of schools, and Montessori Schools.<\/p>\n

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The increase in enrollment from ADvTECH paired with the recent report from competitor Curro<\/a> that echo’s enrollment uptick, shows strong growth for independent schools in South Africa.<\/p>\n

ADvTech, compared to traditional schools, offers both school and tertiary group options. This, according to the directors of the company, gives it a significant advantage in that it has a significantly larger investment in intellectual property that can assist in shaping its curricula.<\/p>\n

Under ADvTech, there are nine brands that comprise 108 schools across the country, including popular schools such as Crawford and Trinityhouse. Curro, meanwhile, has 70,519 learners enrolled as at end-June 2022, with 181 schools in its portfolio.<\/p>\n

For context, South Africa currently has 2,154 independent schools, with 632,443 learners attending<\/a>. Independent school organisations, such as ADvTech and Curro, have multiple schools across the nation that offer similar curricula and uniforms; however, pricing between schools can differ based on their locations.<\/p>\n

In terms of South African law, public schools depend on the government for funding and materials; however, private schools rely on private funding mechanisms and usually charge school fees much higher than that of their public counterparts.<\/p>\n

6 schools in South Africa charge over R300,000 a year<\/a><\/p><\/blockquote>\n