ADvTECH Group

ADvTECH Group logo

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.

References

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

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