Streaming issues? Report here
Aubrey Masango 1500 x 1500 2020 Aubrey Masango 1500 x 1500 2020
The Aubrey Masango Show
20:00 - 00:00
volume_up
volume_mute

The Aubrey Masango Show
20:00 - 00:00
Home
arrow_forward
Business

ADvTECH blames emigration for muted growth in student numbers

19 March 2018 7:22 PM
Tags:
ADvTECH
Roy Douglas

The Money Show’s Bruce Whitfield interviews ADvTECH CEO Roy Douglas.

ADvTECH makes more money with tertiary education than it does with its schools, according to results it released on Monday.

Revenues generated by schools grew by 13.5% to R1.9 billion, though operating profit fell by 13% to R299 million.

Total group revenue stood at R4.1 billion for the year to 31 December.

The company blames the effects of emigration, as well as “semigration”, on muted growth in student numbers.

The Money Show’s Bruce Whitfield interviewed ADvTECH CEO Roy Douglas.

For more detail; listen to the interview in the audio below.

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.


19 March 2018 7:22 PM
Tags:
ADvTECH
Roy Douglas

More from Business

bmw-adpng

Will BMW need to pay up for 'appropriating' local muso's song for Gusheshe ad?

29 September 2020 8:42 PM

BMW's Heritage Month campaign features a Kwesta hit which samples another band's music. Advertising expert Andy Rice weighs in.

Share this:
Read More arrow_forward

South African Airways SAA 123rf 123rfbusiness

SAA bailout in the balance? BRPs put airline operations on hold

29 September 2020 7:49 PM

SAA's business rescue practitioners decide to suspend airline operations. Bruce Whitfield gets comment from the experts.

Share this:
Read More arrow_forward

9baae9ab-c2ed-4d4c-bd5c-844a058f571d.jpg

How did economy shed 2.2m jobs in Q2, but unemployment rate still fell sharply?

29 September 2020 6:46 PM

'It's an abnormal report in abnormal times'. Paul Berkowitz (CEO, Hlaziya Solutions) makes sense of Stats SA unemployment figures.

Share this:
Read More arrow_forward

Young woman holds smart phone and credit card banking 123rf 123rfbusiness

Bank fees are too high. It’s unfair! – Bettr (new app-powered 'bank')

29 September 2020 11:11 AM

"We aim to do banking differently," says Bettr cofounder Tobie van Zyl. "The traditional banking model is going to evaporate."

Share this:
Read More arrow_forward

kevin-lings-croppedjpg

I love economics. It’s part of me - Kevin Lings (Chief Economist, Stanlib)

28 September 2020 8:12 PM

Kevin Lings (Chief Economist, Stanlib) opens up about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

Funky hipster retired older mature couple 123rf 123rfbusiness retirement

How to secure your retirement - Bruce Cameron (retired editor, Personal Finance)

28 September 2020 7:24 PM

Bruce Cameron discusses with Bruce Whitfield his new book on securing your retirement, despite corruption and the smashed economy.

Share this:
Read More arrow_forward

Small grey house wooden 123rf 123rfbusiness 123rflifestyle

All houses in South Africa can and should be built with wood – study

28 September 2020 6:49 PM

SA needs homes. Plenty of them. They can and should be constructed with wood, says Phillip Crafford (Stellenbosch University).

Share this:
Read More arrow_forward

Nomvula Mokonyane

300 days of Zondo: 'We’ve learned it’s cheap to bribe a politician'

28 September 2020 6:25 PM

For 300 days, punch-drunk South Africans have been learning just how bad corruption is in the country, says Ferial Haffajee.

Share this:
Read More arrow_forward

Sorry we closed small business 123rfbusiness 123rf

'Foreigners create work for South Africans,' says immigration lawyer

28 September 2020 1:28 PM

Lester Kiewit finds out from Stefanie de Saude-Darbandi what the proposed new law means for foreign business Gauteng townships.

Share this:
Read More arrow_forward

Woman saving money piggy bank mask 123rf 123rfbusiness 123rflifestyle

Money lessons Covid-19 taught – heed them for a brighter, wealthier future

25 September 2020 10:44 AM

Your financial future – even if you have to start over – could be brighter than it would’ve been without the pandemic.

Share this:
Read More arrow_forward