JAMIE CARR: Curro chalking up a fine future
Curro has achieved a remarkable amount in the 20 years in which it has been dishing up quality education at sensible price points
Curro has achieved a remarkable amount in the 20 years in which it has been dishing up quality education at sensible price points, and it reaches its birthday with the news that it is now serving more than 50,000 pupils. This is a tidy little number, but there’s plenty of headroom for growth given that the total number of victims "creeping like a snail unwillingly to school" is 13-million. In the past four years private education has risen from 2% to 6% of this total, and affordability is the only factor slowing further expansion. While Curro’s full-fee schools offer class sizes of 25 for an average of R4,500 a month, it is addressing the affordability issue with its Academy range of schools in townships. With the many struggles that continue to characterise the government-school sector, the Curro price is one that parents will make considerable efforts to pay no matter how tough the economic situation. Curro is continuing to invest to expand its geographic reach, in line with its a...
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