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Private education "more affordable" for some
According to reports by Business Day, Fin24 and Times Live, private education group Curro, backed by Old Mutual and the Public Investment Corporation, will build at least 11 new schools over the next seven years as part of a plan to make private education more affordable.
Old Mutual has provided R400-million to Curro, which will inject R40-million of its own funds into establishing the new Meridian schools. Curro says the goal is to get private education to more pupils in South Africa, report Business Day, Fin24 and Times Live.
For more:
- Business Day: PIC invests in private education
- Fin24: Affordable private education deal signed
- Times Live: Affordable private education deal signed
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