Streaming issues? Report here
Refilwe Moloto 2019 1500 BW
Breakfast with Refilwe Moloto
06:00 - 09:00
volume_up
volume_mute

Up Next: Today with Kieno Kammies
See full line-up
Breakfast with Refilwe Moloto
06:00 - 09:00
Home
arrow_forward
Business

ADvTECH blames emigration for muted growth in student numbers

19 March 2018 7:22 PM
Tags:
ADvTECH
Roy Douglas
The Money Show’s Bruce Whitfield interviews ADvTECH CEO Roy Douglas.

ADvTECH makes more money with tertiary education than it does with its schools, according to results it released on Monday.

Revenues generated by schools grew by 13.5% to R1.9 billion, though operating profit fell by 13% to R299 million.

Total group revenue stood at R4.1 billion for the year to 31 December.

The company blames the effects of emigration, as well as “semigration”, on muted growth in student numbers.

The Money Show’s Bruce Whitfield interviewed ADvTECH CEO Roy Douglas.

For more detail; listen to the interview in the audio below.

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : ADvTECH blames emigration for muted growth in student numbers


19 March 2018 7:22 PM
Tags:
ADvTECH
Roy Douglas

More from Business

insurance-policyjpg

When insurance claims go wrong

22 January 2020 8:52 PM

Be mindful of what you're disclosing at the time you take out a policy.

Share this:
Read More arrow_forward

climate-change-droughtjpeg

'Scrubbing' the atmosphere and other high-tech climate friendly innovations

22 January 2020 8:27 PM

Data ssystems use a great deal of energy and tech providers must start reducing emissions.

Share this:
Read More arrow_forward

Eskompresser_0638

How is 'steely' Pravin Gordhan coping under pressure from detractors?

22 January 2020 7:48 PM

Pravin Gordhan, the minister of public enterprises, wants to be left alone to do his job.

Share this:
Read More arrow_forward

170811naspersjpg

Naspers plans to sell shares in Prosus - will it decrease the Tencent gap?

22 January 2020 7:37 PM

Naspers plans to sell about 22 million shares in Prosus - will it decrease the Tencent gap?

Share this:
Read More arrow_forward

davos7jpg

Davos 2020: How well did Team South Africa pitch today?

22 January 2020 7:13 PM

Day two of Davos, where business heavyweights are attending the annual meeting of the World Economic Forum.

Share this:
Read More arrow_forward

vat-bjpg

Punch-drunk consumers should brace themselves for a VAT hike

22 January 2020 2:22 PM

It is difficult to see what other options the government has, despite the likely political fallout, says Absa.

Share this:
Read More arrow_forward

171023-sikonathi-mantshantsjpg

Eskom announces new spokesperson: Sikonathi Mantshantsha

22 January 2020 1:43 PM

Seasoned financial journalist Sikonathi Mantshantsha has been appointed as the national spokesperson of Eskom.

Share this:
Read More arrow_forward

Informal-settlement-shacks-Soweto-poverty-township-123rf

'In SA, if you’re born rich you stay rich and if you’re born poor you stay poor'

22 January 2020 11:11 AM

Where you’re born – and who your parents are – largely determines your destiny in South Africa, according to the WEF.

Share this:
Read More arrow_forward

Bruce Whitfield and Lesetja Kganyago

'Davos is depressing. SA is barely here! We used to have a dominant position'

22 January 2020 10:31 AM

South Africa is at risk of becoming irrelevant, warns The Money Show’s Bruce Whitfield from the World Economic Forum in Davos.

Share this:
Read More arrow_forward

191119-saa-edjpg

SAA CCO downplays flight-shedding, says 'not that many flights cancelled'

22 January 2020 8:57 AM

All airlines review their schedules and cancel and consolidate flights in event of low demand says SAA's Phillip Saunders.

Share this:
Read More arrow_forward