Streaming issues? Report here
John Maytham 2019 1500 BW John Maytham 2019 1500 BW
Afternoon Drive with John Maytham
15:00 - 18:00
volume_up
volume_mute

Up Next: The Money Show with Bruce Whitfield
See full line-up
Afternoon Drive with John Maytham
15:00 - 18:00
Home
arrow_forward
MyMoney Online

Stadio – spun out from Curro – is enrolling far more students than expected

15 March 2021 6:52 PM

It aims to enrol 56 000 students by 2026. The Money Show’s Bruce Whitfield interviews Stadio Holdings CEO Chris Vorster.

Stadio Holdings enrolled 35 031 students in 2020, the company reported on Monday, up 10% on enrolments in 2019.

The private tertiary education company enrolled 28 664 distance learning students and 6367 contact learning students.


RELATED: Free coding course – with a job at the end (R240 000 per year starting salary)


© kzenon/123rf.com

Student enrolments substantially outperformed expectations.

Core headline earnings rose by 33% (to R117 million) with core headline earnings per share increasing by 31% (to 14.2 cents).

Revenue rose by 14% (to R933 million).

Stadio aims to enrol 56 000 students by 2026.

The Money Show’s Bruce Whitfield interviewed Stadio Holdings CEO Chris Vorster.

We are upbeat…

Chris Vorster, CEO - Stadio Holdings

… it gave us the opportunity to cut costs… By going online… we occurred savings…

Chris Vorster, CEO - Stadio Holdings

There will always be a place for an on-campus offering… There will always be a place for an on-campus offering…

Chris Vorster, CEO - Stadio Holdings

It’s very unfortunate what is happening currently in our industry… Private higher education… gets no funding from the government… The unrest hasn’t affected us thus far… We're confident about our offerings...

Chris Vorster, CEO - Stadio Holdings

Listen to the interview in the audio below.




15 March 2021 6:52 PM

More from MyMoney Online

'Affordable' classic car market (e.g. VW Beetle) is booming in South Africa

9 April 2021 11:52 AM

"Affordable classics have grown for the last seven years – even last year," says John Tallodi of Classic Car Passion South Africa.

Share this:
Read More arrow_forward

4.8 million South Africans have unclaimed benefits worth R42 billion - Liberty

7 April 2021 11:08 AM

"The money is safe and waiting for you to come forward," says Kabelo van der Merwe of Unclaimed Benefits at Liberty.

Share this:
Read More arrow_forward

Petrol price goes up by a record R1/litre at midnight - remember to fill up!

6 April 2021 12:45 PM

This time it’s worth filling up. Transport economist Ofentse Mokwena explains the reasons behind the record fuel price hike.

Share this:
Read More arrow_forward

Formula - how much you need to stop working for money, forever

6 April 2021 11:48 AM

How much do you need so you can live off your investments? Certified Financial Planner Paul Roelofse shares a few formulas.

Share this:
Read More arrow_forward

Want to be poor? Take financial advice from TikTok (satisfaction guaranteed!)

29 March 2021 7:34 PM

The Money Show’s Bruce Whitfield interviews Nomi Bodlani, Head of Strategic Markets at Allan Gray.

Share this:
Read More arrow_forward

Suzuki is selling so well in South Africa right now

23 March 2021 10:24 AM

"The cheapest car is a Suzuki S-Presso," says motoring journo Alex Parker. "I drove one; it’s much less terrible than I thought!"

Share this:
Read More arrow_forward

The JSE is near record highs – while the economy crashes and burns

19 March 2021 11:32 AM

The JSE is near record levels; what are investors smoking? Personal finance advisor Warren Ingram explains the disconnect.

Share this:
Read More arrow_forward

Sun International declares huge drop in income, loss of R1.1 billion

15 March 2021 7:25 PM

The Money Show’s Bruce Whitfield interviews Sun International Group CEO Anthony Leeming.

Share this:
Read More arrow_forward

Absa keeps its powder dry, deferring dividends, as earnings slump

15 March 2021 6:35 PM

Its competitors are paying dividends. The Money Show’s Bruce Whitfield interviews Absa Group CEO Daniel Mminele.

Share this:
Read More arrow_forward

5 tips for saving thousands of rands each month

16 February 2021 3:23 PM

Naked co-founder Ernest North shares five money-saving tips to stretch your rands further than you ever imagined possible.

Share this:
Read More arrow_forward