The ADvTECH Group is a JSE listed company in South Africa (JSE:ADH).[1] ADvTECH operates within the education and recruitment industries in South Africa and the rest of Africa.[2][3][4][5][6]
History edit
ADvTECH is Africa's largest private education provider and[7] the holding company of the Independent Institute of Education which operates tertiary education brands including Vega School, Capsicum Culinary Studio, School of Hospitality & Service Management, Varsity College and Rosebank College.
The group also operates a schools division, under which, brands including Crawford International, Trinityhouse Schools,[8][9] Abbotts Colleges, Maragon Schools, Centurus Colleges, Junior Colleges[10][11] and Makini Schools operate.
The current CEO of the ADvTECH Group is Geoff Whyte successor to Roy Douglas who retired from the position as of February of 2024.[12]
In late 2017 the company discovered fraud by a financial manager in its schools division.[13][14]
The schools division has seen a constant growth in both the number of students as well as educational sites over the past three years. The number of sites has grown both organically and through acquisition. As a result, the group has shown a growth in Trading Operating Profit of 15 percent.
References edit
- ^ Waruru, Maina (31 August 2017). "South Africa's ADvTECH plans East Africa expansion". thepienews.com. Retrieved 2018-03-14.
- ^ "Advtech bolsters presence in Africa". 2018-04-04. Retrieved 2018-04-19 – via PressReader.
- ^ "ADvTech Properties to expand asset base to R6bn by 2022 - eProperty News".
- ^ "Academic excellence the secret to ADvTECH schools learners' IEB success".
- ^ "Advtech makes R344m interim profit on growing tertiary division - IOL Business Report".
- ^ "BusinessLIVE". www.businesslive.co.za. Archived from the original on 2017-12-15. Retrieved 2018-01-10.
- ^ "ADvTECH bolsters East African schools | Companies". www.inceconnect.co.za. Retrieved 2018-04-19.
- ^ "About Us | Christian School | Trinityhouse". www.trinityhouse.co.za. Retrieved 2018-04-18.
- ^ "Trinityhouse unveils the Little Falls High School | Roodepoort Northsider". Roodepoort Northsider. 2016-07-25. Retrieved 2018-04-18.[permanent dead link]
- ^ "Crawford Schools owner Advtech reports 22% rise in interim revenue".
- ^ "Advtech Group | Education Brands". www.advtech.co.za. Retrieved 2018-04-18.
- ^ "ADvTECH announces retirement of CEO Roy Douglas and appointment of Geoff Whyte as successor". ADvTECH. Retrieved 10 March 2024.
- ^ "Education group ADvTECH comes clean on fraud". Retrieved 2018-03-14.
- ^ "Fraud hits Advtech stock". Retrieved 2018-03-14.