I have written before about the ongoing collapse of state education, and how the private sector’s search for profit will provide solutions to the public.
Business Day confirms this story today, discussing the booming demand for private education, especially the services of listed formal company Curro. Reports Business Day:
TAKING advantage of a growing market created by parents’ concerns about the poor quality of schooling provided by the state, private education company Curro is considering doubling the number of schools it owns…
[Curro CEO] Dr van der Merwe said in an interview last week headmasters of government schools were “begging” Curro to bring schools to their areas to relieve the pressure on congested classrooms.
Right now, Curro mainly offers services to lower-middle income and high-income customers. There is a huge gap in the market to provide services to low income earners, because, as Business Day reports, “More than 90% of schoolgoing children in SA are enrolled in government schools.”
Curro will list on the JSE on July 2, moving off the AltX exchange.