Industry Research

Image placeholder
Industry Research: Education
  • Industry Research
  • Year : Sep 2019
Access Now

GCR is of the view that the domestic education sector reflects lower than average cyclicality. However, the government’s role in ensuring a certain level of access to basic education for the population does limit the pricing flexibility of private schools.

Additional Information

extract......."In the context of the greater education system, demand for affordable quality schooling remains sound. With government spend constrained by several factors, education infrastructure development has not kept up with population growth. In this regard, the number of public schools in the country has declined to 23,289, from over 24,000 in 2013, despite an increase in student population to 12.32 million in 2018 (2013: 11.98 million). Over the same period, the number of private schools has increased 18% to 1,865 in 2018, supportive of the low learner-to-educator ratio of 15, compared to an average of over 31 in public schools."

Related Publication

South African Corporate Industry

The bulletin provides an overview of the ratings accorded by GCR over the past year, and broadly examines the inherent risk characteristics of vari...

Nampak Products Limited (2016-06)

A Credit Rating report is a research report providing detailed analysis utilised by GCR in the accordance of a Credit Rating.


Securitisation is seen as an alternative to on-balance sheet funding and a form of disintermediation, allowing corporates and other institutions to...

Available Purchase Options: