STA­DIO EYES 100 000 STU­DENTS WITH NEW LIST­ING

CityPress - - Business -

Pri­vate schools group Curro’s sub­sidiary Sta­dio is eye­ing a big­ger share of the ter­tiary ed­u­ca­tion space and is hop­ing its list­ing on the JSE this week will make that dream a real­ity.

The com­pany al­ready has 13 000 stu­dents en­rolled across its three in­sti­tu­tions and is tar­get­ing an even­tual 100 000 con­tact class and dis­tant cor­re­spon­dence stu­dents.

Ac­cord­ing to Curro founder and Sta­dio CEO Chris van der Merwe, the com­pany, un­like Curro, would not need a lot of in­vest­ment into phys­i­cal struc­tures such lec­ture halls, as a por­tion of its en­rol­ments is for the longdis­tance learn­ing pro­gramme. He said that there are 150 000 stu­dents en­rolled in pri­vate in­sti­tu­tions and over a mil­lion stu­dents in state-run ter­tiary in­sti­tu­tions, so the tar­get Sta­dio has set of 100 000 is rea­son­able, but he would not be drawn into set­ting a time­line.

Van der Merwe said Sta­dio, which has 22 ac­cred­ited aca­demic pro­grammes, is in­creas­ing that num­ber to over 40 qual­i­fi­ca­tions and that would enable it to widen the ac­cess to higher ed­u­ca­tion in the coun­try in line with the Na­tional De­vel­op­ment Plan.

Prior un­bundling from Curro, Sta­dio had ac­quired pop­u­lar arts school Afda and has al­most 10 ac­cred­ited sites.

Curro is the largest for-profit in­de­pen­dent school group in Africa, pro­vid­ing ed­u­ca­tion ser­vices to 47 000 learn­ers in 127 schools across South Africa and Namibia.

– Le­setja Ma­lope

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