ADvTECH Group explained

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

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.

Notes and References

  1. Web site: South Africa's ADvTECH plans East Africa expansion . Waruru . Maina . thepienews.com . 31 August 2017 . en . 2018-03-14.
  2. Web site: Advtech bolsters presence in Africa. 2018-04-04. PressReader. 2018-04-19.
  3. Web site: ADvTech Properties to expand asset base to R6bn by 2022 - eProperty News.
  4. Web site: Academic excellence the secret to ADvTECH schools learners' IEB success.
  5. Web site: Advtech makes R344m interim profit on growing tertiary division - IOL Business Report.
  6. Web site: BusinessLIVE. www.businesslive.co.za. 2018-01-10. https://web.archive.org/web/20171215150144/https://www.businesslive.co.za/story/?resource_id=SENSIN_20171215074700_53. 2017-12-15. dead.
  7. Web site: ADvTECH bolsters East African schools Companies. www.inceconnect.co.za. en. 2018-04-19.
  8. Web site: About Us Christian School Trinityhouse. www.trinityhouse.co.za. en-US. 2018-04-18.
  9. News: Trinityhouse unveils the Little Falls High School Roodepoort Northsider. 2016-07-25. Roodepoort Northsider. 2018-04-18. en-US.
  10. Web site: Crawford Schools owner Advtech reports 22% rise in interim revenue.
  11. Web site: Advtech Group Education Brands. www.advtech.co.za. en. 2018-04-18.
  12. Web site: ADvTECH announces retirement of CEO Roy Douglas and appointment of Geoff Whyte as successor . 10 March 2024 . ADvTECH .
  13. Web site: Education group ADvTECH comes clean on fraud . en-US . 2018-03-14.
  14. Web site: Fraud hits Advtech stock . en-US . 2018-03-14.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "ADvTECH Group".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.