Streaming issues? Report here
Inside EWN 1000 x 1000 2020 Temp Inside EWN 1000 x 1000 2020 Temp
Inside EWN
19:00 - 21:00
volume_up
volume_mute

Up Next: Best of 702
See full line-up
Inside EWN
19:00 - 21:00
Home
arrow_forward
MyMoney Online

Stadio – spun out from Curro – is enrolling far more students than expected

15 March 2021 6:52 PM

It aims to enrol 56 000 students by 2026. The Money Show’s Bruce Whitfield interviews Stadio Holdings CEO Chris Vorster.

Stadio Holdings enrolled 35 031 students in 2020, the company reported on Monday, up 10% on enrolments in 2019.

The private tertiary education company enrolled 28 664 distance learning students and 6367 contact learning students.


RELATED: Free coding course – with a job at the end (R240 000 per year starting salary)


© kzenon/123rf.com

Student enrolments substantially outperformed expectations.

Core headline earnings rose by 33% (to R117 million) with core headline earnings per share increasing by 31% (to 14.2 cents).

Revenue rose by 14% (to R933 million).

Stadio aims to enrol 56 000 students by 2026.

The Money Show’s Bruce Whitfield interviewed Stadio Holdings CEO Chris Vorster.

We are upbeat…

Chris Vorster, CEO - Stadio Holdings

… it gave us the opportunity to cut costs… By going online… we occurred savings…

Chris Vorster, CEO - Stadio Holdings

There will always be a place for an on-campus offering… There will always be a place for an on-campus offering…

Chris Vorster, CEO - Stadio Holdings

It’s very unfortunate what is happening currently in our industry… Private higher education… gets no funding from the government… The unrest hasn’t affected us thus far… We're confident about our offerings...

Chris Vorster, CEO - Stadio Holdings

Listen to the interview in the audio below.




15 March 2021 6:52 PM

More from MyMoney Online

Berkshire Hathaway AGM: 'I will not hold BH shares'

3 May 2021 6:51 PM

The Money Show’s Bruce Whitfield asks Paul Theron (MD at Vestact Asset Management) for an analysis of Berkshire Hathaway's AGM.

Share this:
Read More arrow_forward

Got a great idea for a side hustle? How to stop procrastinating

30 April 2021 1:10 PM

Perfection is your enemy, and habits are your friends, says serial entrepreneur and side hustle coach Nic Haralambous.

Share this:
Read More arrow_forward

'Electric cars are here to stay', but South Africans aren't buying them

26 April 2021 5:49 PM

Does it make financial sense to buy an electric car? The Money Show’s Bruce Whitfield interviews car expert Warren Tucker.

Share this:
Read More arrow_forward

Should you invest in a Retirement Annuity - or something else?

23 April 2021 10:58 AM

The Money Show’s Bruce Whitfield interviews personal finance expert Warren Ingram (Galileo Capital).

Share this:
Read More arrow_forward

'Having a car loan works against you when applying for a home loan'

21 April 2021 2:38 PM

Considering a car loan? You may want to think again. Africa Melane interviews financial planner Gerald Mwandiambira.

Share this:
Read More arrow_forward

Give your child the best education you can afford – here’s how to invest

16 April 2021 11:03 AM

Personal finance advisor Warren Ingram on how to save and invest for your child’s future education.

Share this:
Read More arrow_forward

How to think like a billionaire - it's how you too can be wealthy

12 April 2021 7:44 PM

Bruce Whitfield interviews Daniel Strauss, author of The Billionaire Mindset: Secrets of a Successful South African Entrepreneur.

Share this:
Read More arrow_forward

Absa closes its money market unit trust for good – here’s what that means

12 April 2021 6:18 PM

The Money Show’s Bruce Whitfield asks Denker Portfolio Manager Kokkie Kooyman what it means for the industry.

Share this:
Read More arrow_forward

'Affordable' classic car market (e.g. VW Beetle) is booming in South Africa

9 April 2021 11:52 AM

"Affordable classics have grown for the last seven years – even last year," says John Tallodi of Classic Car Passion South Africa.

Share this:
Read More arrow_forward

4.8 million South Africans have unclaimed benefits worth R42 billion - Liberty

7 April 2021 11:08 AM

"The money is safe and waiting for you to come forward," says Kabelo van der Merwe of Unclaimed Benefits at Liberty.

Share this:
Read More arrow_forward