It has been a challenging environment for education, as institutions scrambled to maintain consistent delivery. Delivering its interim results, ADvTECH reported a decrease of 2 per cent in normalised earnings per share. ADvTECH CEO, Roy Douglas joins CNBC Africa for more.
Education and Recruitment Company ADvTECH saw solid interim results as it increased its revenue by 15 per cent and its headline earnings per share by 28 per cent to 43.4 cents per share. Their growth was driven by an increased presence in the mid-fee sector and its tertiary education division. ADvTECH CEO joins CNBC Africa for more.
Advtech has added Monash South Africa to its stable, in a joint venture deal. It plans to pay a maximum of R500m for Monash and its related property company. The deal will bring Advtech's student numbers in the tertiary sector to 40,000 full time and 30, 000 distance learners. Felicity Coughlan, Group Academic Director for ADvTECH division joins CNBC Africa for more.