Curro enters Botswana
BUSINESS TECH
Johannesburg Stock Exchange-listed independent school group Curro Holdings has acquired a 50% stake in Botswana-based BA Isago University.
Curro, which has 47 campuses or 110 schools and more than 42 000 learners, acquired the university via its wholly owned subsidiary The Embury Institute for Higher Education.
Embury is a registered and accredited institute for higher education focusing primarily on teacher education.
BA Isago University was established in Botswana in 2002 and operates from four campuses, namely Gaborone, Fancistown, Serowe and Maun. It has approximately 3 000 students and intends to expand to accommodate about 6 000 students.
“The BA Isago University acquisition aligns with Curro’s business strategy and offers a strong Faculty of Education,” Curro said in a statement.
The group said its vision is to have 200 schools and 80 campuses by 2020. The private education sector in South Africa is beginning to see rapid growth. Last week, Pembury Group announced that it had received approval from the Johannesburg Stock Exchange Limited to proceed with an application to list on the Alternative Exchange.
The school will have 2200 pupils by next year, up from 420 two years ago, and double its content in 2016.
Johannesburg Stock Exchange-listed independent school group Curro Holdings has acquired a 50% stake in Botswana-based BA Isago University.
Curro, which has 47 campuses or 110 schools and more than 42 000 learners, acquired the university via its wholly owned subsidiary The Embury Institute for Higher Education.
Embury is a registered and accredited institute for higher education focusing primarily on teacher education.
BA Isago University was established in Botswana in 2002 and operates from four campuses, namely Gaborone, Fancistown, Serowe and Maun. It has approximately 3 000 students and intends to expand to accommodate about 6 000 students.
“The BA Isago University acquisition aligns with Curro’s business strategy and offers a strong Faculty of Education,” Curro said in a statement.
The group said its vision is to have 200 schools and 80 campuses by 2020. The private education sector in South Africa is beginning to see rapid growth. Last week, Pembury Group announced that it had received approval from the Johannesburg Stock Exchange Limited to proceed with an application to list on the Alternative Exchange.
The school will have 2200 pupils by next year, up from 420 two years ago, and double its content in 2016.
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