Covid-19 thwarts attempt to save Bishop Bavin school from closure
The 29-year-old Johannesburg school, which has a deficit of R31.5m, also owes the diocese R15m
One of Johannesburg’s most prestigious independent education institutions, Bishop Bavin school has been forced to close its doors due to a debilitating financial crisis.
The Covid-19 pandemic and subsequent lockdown further complicated attempts to rescue the 29-year-old school, which has a deficit of R31.5m and also owes the diocese R15m. “But in the final analysis, the diocese had no other option” as the school faced ever-mounting debt without matching income...