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You are here: Home / News / R7.2bn Curro deal as schools face VAT blow | SA News

R7.2bn Curro deal as schools face VAT blow | SA News

29 August 2025 by Guest

JOHANNESBURG – Schools across South Africa are on the brink of a significant financial shake-up, as the government moves to remove them from the VAT system, a proposal that could reshape the private education sector. 

At the same time, the country’s largest private school group, Curro, is set for a historic transformation through a R7.2 billion acquisition by the Jannie Mouton Foundation,  promising a future centred on access, quality, and non-profit education.

Proposed VAT Changes Could Hit Schools and Parents

According to the recently released Draft Taxation Laws Amendment Bill, published for public comment, all schools will be required to deregister as VAT vendors. 

While the change…

Visual Arts: South African artists, such as William Kentridge and Esther Mahlangu,
are recognized internationally for their contributions to contemporary art.

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Comments

  1. Onion King

    21 September 2026 at 7:50 pm

    Interview with a pirate:

    There was a pirate who had agreed to do an interview with a local tv station. The reporter was very courteous and professional, giving a bit of background as to the pirate\’s business. She then began interviewing him.

    \”So Mr. Longbeard, are there any risks to your business? I see you have a peg leg- how did that come about?\”

    \”Well, y\’see I were sailing along the coast of South Africa, looking to plunder some locals when as I boarded the small boat from the ship, a great white shark came up and got my leg clean off. \’twas scary yes, but thus is the life of a pirate.\”

    \”Wow, that is pretty scary- well, how about your hook? What happened to your hand with that?\”

    \”Oh now that\’s quite the tale, y\’see I were fighting a rival pirate, and we had locked swords. We had been fighting for a few hours, and were both terribly fatigued. I had a bit of exhaustion and confusion, and when I went to block one of his sword blows, I met him with me hand instead of me sword. Took it right off, but it shocked him so much I managed to get him back pretty good and have him submit. So the hook hand was given as a replacement.\”

    \”Wow. Simply fascinating. Now, what about your eye patch? How did that happen?\”

    \”Well, one day, a seagull was flying overhead, and I looked up. It pooped right in me eye.\”

    \”… Well wow. I must admit, I wouldn\’t think just seagull poop could damage the eye that badly.\”

    \”Oh, I forgot to mention… it were me first day with the hook.\”

  2. Toy Town

    15 September 2026 at 11:34 am

    Hayibo! – wow! [Hai-bo] Derived from the Zulu word meaning “definitely not!” This word is usually expressed on its own, at the start or end of a sentence when something seems unbelievable.Example: “Hayibo! Ha! Ha! I can’t believe that!”

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