Financial Mail

Where angels fear to tread

- @jamiecarr

To say that these are interestin­g times in the local higher education arena would be a colossal understate­ment.

Our former president’s final hospital pass chucked free tertiary education at the new regime, which is having to display the fanciest of footwork to work out how on earth it is going to finance this astonishin­gly generous use of other people’s money.

The full implicatio­ns for the traditiona­l tertiary sector will only become apparent over time, and the hope must be that an already overburden­ed sector doesn’t become swamped.

Meanwhile, Stadio is positionin­g itself to replicate in higher education the success that its parent, Curro, has had in the spheres of primary and secondary education. It could be forgiven for taking a peek at the public institutio­ns and wondering quite how lively things could get, given a bunch of students who have just been taught the lesson that being highly disruptive gets you free stuff.

Many will be fearing that it might be pretty close to the final days of the Roman Empire, and will be voting with their feet accordingl­y.

Stadio has raised R840m to finance its aim of acquiring and developing institutio­ns that will meet the demand for quality and relevant higher education in Southern Africa, and it is the emphasis on quality and relevance that will determine its success.

Its investment­s cover teacher training, the film, television and live performanc­e industries, and fashion, retail and business courses through on-site and distance learning. It will be looking to add more niches with a focus on the needs of the SA marketplac­e.

Our former president’s final hospital pass chucked free tertiary education at the new regime, which is displaying the fanciest of footwork to work out how to finance this

 ??  ??

Newspapers in English

Newspapers from South Africa