News24

Cosatu criticises investment in private schools

2012-07-10 19:28

Johannesburg - The Public Investment Corporation (PIC) should direct funds to the under-funded public schools system instead of investing in private education, Cosatu said on Tuesday.

The Congress of SA Trade Unions (Cosatu) criticised PIC and Old Mutual Group Holdings' partnership with JSE-listed private education company Curro Holdings, under which R400m has been injected into private community schools.

"It is totally unacceptable for a custodian of money held on behalf of public servants to bolster private education at a time when our public education services are in crisis, in part at least because of severe shortage of money," said Cosatu spokesperson Patrick Craven.

A R1.2bn fund has also been established to expand private school infrastructure and to train teachers. It would result in the number of private community schools, also known as meridian schools, increasing to 11 in the next seven years.

Craven said the funds could help narrow the gap between the two spheres of the schooling system.

"The R1.2bn, provided it is properly managed and monitored, could play a significant part in starting to improve the quality of public education and narrow the gap between the two tiers."

Cosatu demanded that the PIC board reconsider its decision and approach the department of basic education to discuss how money could be better used to speed up the transformation in the public education system, he said.

Comments
  • Squeegee - 2012-07-10 19:35

    Why pour good money after bad? When the State does something right more companies will invest in public education.

      chaplinncharlie - 2012-07-10 19:41

      Yes pour it in the State Schools only to see the money Vaporized... No what it is an clever move to invest it in Private schools. That way Private schools can drop their monthly School charges and make it more affordable to other families who is serious about education...

      rowen.loretz - 2012-07-10 19:50

      who wants to invest in a rotten egg. Besides, public schools get there textbooks dumped near dams

      CharlesDumbwin - 2012-07-10 20:01

      But Cosatu is racist, they must TRANSFORM !!!

      Christelle - 2012-07-10 20:09

      How can they ask the public sector to invest in public schools. With all the money dissappearing. Have they now run out of money to backpocket. And......private sector? Whom are you going to turn to when you have run the private sector and their own investors out of the country? Is that not what your YL wants?

      fred.warren.986 - 2012-07-10 20:14

      Cosatu isn't the slightest bit interested in improving the quality of public education. The reason they are so upset is because the cadres want tenders!

      fussed.anderson - 2012-07-10 20:18

      Start your own black privat schooling, you have black lawyer foundation, black business foundation. Get off your as@ and start something yourself that you can call your own, not steel from and destroy something that is working

      sheda.habib - 2012-07-10 20:27

      COSATU are a bunch of communists and we are a democracy...stuff them

      mundu.olewega - 2012-07-10 22:08

      Who's money is it anyway? It belongs to a private entity...they can spend it as they wish.

      gordon.trevat - 2012-07-10 23:57

      @sheda.habib After reading "Who Rules South Africa" (which covers the history of ANC and unions), it is quite apparent that whatever thoughts we may have of SA being a true democracy are clearly just illusions. The unions were the real power holders and were the actual threat that the ANC used to persuade FW to start the "road to democracy". If the ANC don't appease the unions and the masses, they will surely meet the same fate as the apartheid government. Very interesting coverage in the book is who-was-who in the ANC/unions military, intelligence and political leaders. Most of them are now sitting extremely comfortable and seem to have forgotten about their poor brothers in the street. The only apparent thing holding the unions back is greed by the union leaders.... If they ever get honest leaders who absolutely believe in their policies, democracy in SA will be a distant memory.

      rupesh.hari.7 - 2012-07-11 01:07

      COSATU is a joke (except when it comes to tolling). 1) How can you put PIC money into a state institution that provides not return. PIC money needs to grow. 2) You don't bring up the quality of bad schools by bringing down the quality of good schools. 3) If PIC invests in private schools, it leaves more money from government to be ploughed into public schools. 4) COSATU sucks a$$ no matter how you say it. These are 4 facts that COSATU should consider.

  • Andre - 2012-07-10 19:36

    Yea, rather give the money to those that do not deserve it. Do it the communist way, squander the money so that it does not benefit anyone, only the squanderer s!

  • Henk - 2012-07-10 19:36

    If they send money to goverment it turns into big luxury german cars and paid books end up in nature to decompose.....

      wesley.nel.5 - 2012-07-10 20:52

      Hey Pat, will you then send your kids to public schools, all the big wigs of the anc send there kids to private schools

  • jeeves.eddings - 2012-07-10 19:37

    Bwaqahahahahahhahaha! Um. No. Rather privatize all schools and subsidize students. Education is an investment that falls flat without a concerted focus on ROI. Private schools are tied to results at the hip! That's why they are only successful financially when they are successful academically.

  • rina.breed - 2012-07-10 19:44

    That's right Cosatu, eat the goose that lays the golden eggs and nurture the chick with bird flue. Hope for your sake it is not going to be a cock. You can always paint the eggs in gold!

  • peter.ellis.37051 - 2012-07-10 19:47

    The puplic schools were ok. Properly managed and monitored is an imposibility.

  • Mike - 2012-07-10 19:48

    Yea right, so even more money can go missing. Get your house in order first and show a genuine interest in the well being of own children, their discipline and upbringing before you go knocking on doors.

  • storm.trooper.125 - 2012-07-10 19:53

    COSATHO why dont u march against the minister of education for poor work performance??why dont you march against corruption???

      Henk - 2012-07-10 20:06

      March for a real cause??? Wtf?

      gordon.trevat - 2012-07-11 00:00

      Why don't the union members march against ineffective union leadership?

  • wendy.n.schmidt - 2012-07-10 19:57

    Of course Cosatu objects to investment into private schools, they work, and we can't have that, destroy everything. Decent education cannot be given by the Government, not even text books, so let's destroy every other educational body, yep makes perfect sense.

  • pcmynhardt - 2012-07-10 20:01

    up yours mr craven. You worse than my exwife. Always nagging. Getting involved where you not needed. Nobody asked for your opinion. You speak for 5% of the nation. So speak to them and get of the frontpages and airwaves. I dare not put any of my kids in your public schools, so this private schools will benefit me greatly.

      stefanus.nel.50 - 2012-07-10 20:12

      Patrick Crybaby

  • stanley.marries - 2012-07-10 20:02

    I honestly think that ANYONE WOULD invest in the Public School system if they were 100% sure that their money will go to good use. But with the current situation concerning fraud and corruption who would invest in a place where you'll be scared that your money will be fraudulently spent. I truly feel for the ''poor'' children who have to suffer,but the whole government should take a look at themselves first before they want privvate companies to assist them. Instead of spending MILLIONS on crap like luxury cars,expensive over-sea trips,extravagant parties,etc..they should invest more of that money in education,afterall,government has more money then private entities!!

  • Andrew Le Roux - 2012-07-10 20:03

    Maybe PIC should invest in Telkom.

  • Bless Boswell - 2012-07-10 20:03

    It seems government is trying to scratch out each and every avenue where they could get their grubby paws on more money. All requested funding should be put on hold until government shows us a clean honest set of books and all "naughty stay at home on full pay staff members" are dismissed and made to pay back everything that has been stolen.

  • Ben - 2012-07-10 20:03

    There was a time that we heard sense from COSATU. Pity that is also gone now.

  • Andre - 2012-07-10 20:08

    The more the Government and its equally incompetant allies are trying to enforce their arrogant attitudes through laws, punitive measures the more they miss the cause of the problems they created themselves. There is clearly no vision for the future. Stop changing and blaming things that work and focus on what you can do to improve yourselves. You can sqeeze the few tax payers and entrepeneurs only so much before you will collapse under your own self-centered eggos. Fix the damn rotten education system which you and your union has created and there will education for all!

  • lithamampintsha.ndabula - 2012-07-10 20:09

    whose money is it anyway

  • Stephan Swanepoel - 2012-07-10 20:12

    its a business deceision

  • Erna - 2012-07-10 20:19

    I wouldn't give money to the education department and public schools either. We all know what happens to it there. In any case, is Curra not being subsidised so that their fees will be less and they can offer good quality education to more children?

      Tommo - 2012-07-11 00:14

      @Erna. I dont know who you are but I LOVE reading your comments. You should be in parliament my dear.

  • charnelle.bester - 2012-07-10 20:20

    Coming from Casatu... What more can I say.

  • annette.vorster.54 - 2012-07-10 20:22

    Somebody needs a brain transplant URGENTLY! C0satu needs to be removed from the political arena! Their labour laws, their view on Education can be better and intelligently debated by normal grade pupils as they understand the need for QUALITY! It is beyond comprehension that the media allows and print what Craven says. . . .john v

  • thenga.pfananani - 2012-07-10 20:25

    Cosatu is very right that is y they didn't invest 2 public schools simply bcoz public education is a chaos. So no1 wud want 2 turn his assets in2 liabilities. Take that mo dan R2b which was suppose 2 buy a jet 4 double headed and clean up this mess and then start talking

      don.quioxte.3 - 2012-07-11 08:18

      Please try English, then we might understand what you are trying to say. Bloody gibberish !

      oom.kosie.9 - 2012-07-11 11:46

      WTF - What are you saying? Are you a product of a public school perhaps?

  • thenga.pfananani - 2012-07-10 20:25

    Cosatu is very right that is y they didn't invest 2 public schools simply bcoz public education is a chaos. So no1 wud want 2 turn his assets in2 liabilities. Take that mo dan R2b which was suppose 2 buy a jet 4 double headed and clean up this mess and then start talking

  • kathleen.whiteley.7 - 2012-07-10 20:30

    That slogan of theirs: never a truer word spoken

  • victor.tamaranui - 2012-07-10 20:31

    Once again you are correct Comrade VaVi, It is just common sense to direct funds to the most critical. How is this done overseas with great affect and successful results? However here is RSA it is questioned.

      Erna - 2012-07-10 21:05

      It is questioned because your government has such a good track record when it comes to dealing with money.

      dee.980 - 2012-07-10 22:12

      Victor - why don't you just give a portion of your monthly income directly to EduSolutions? That is the investment logic you are asking others to do. At least this way, the investment should bear fruit for the country by at least some getting quality education. As to your great knowledge and comparison to 'other countries' - why not get REAL about GOVERNANCE in those countries?! Could you imagine New Zealand kids going without school materials & courts interdicts having to be issued to try get compliance? .... UN-THINKABLE!!!!! Could you imagine that government allowing cabinet ministers to own / have interests in businesses to whom tenders are awarded?

      Tommo - 2012-07-11 00:11

      @Erna. I dont know who you are but i LOVE reading your comments. Keep commenting. You should be in parliament!!

      don.quioxte.3 - 2012-07-11 08:24

      It is the most critical case exactly because govt officials steal everything they can get their hands on. What they cannot steal they break. THIS is why private money will not be given to govt institutions by anyone with half a brain or without a brown ring round their neck.

      Matthew - 2012-07-11 12:28

      *cough* Tamaranui is a know news24 troll.dont humour him with a response

  • Hermann - 2012-07-10 20:31

    Patric you old Communist, those investors want a return on their money, a return in reliable human resources for the future. Get real man your faith was rejected by exactly the ones who practiced it - go look where the Berlin wall was .

  • jurgen.eksteen - 2012-07-10 20:36

    Well someone has to lead this country in the future and sad to say the pupils in most public schools are being left behind due to government incompetence.

  • thenga.pfananani - 2012-07-10 20:40

    Even Cosatu cud make a practical example by donating 2 public schools, its members are mo dan 2m as they claim and we are paying every month so Vavi u2 u can make a diferent

  • ken.grimblegrumble - 2012-07-10 20:43

    Any words that come out of Craven are a pile of crap. This is a disgusting piece of filth, the absolute lowest of the low of human kind. He is a failed communist who fled UK. Unfortunately SA allowed him into the country. He is the toilet waste of Europe.

  • peter.mansfield.395 - 2012-07-10 20:45

    What a silly idea - to pour people's pensions into the broken education system. Viva private schools! Viva!

  • Provence - 2012-07-10 20:49

    Yes, please buy books for the underprivileged so that the government can destroy the books and pupils burn the schools when they can't get what they want. This is typical ANC trying to put their responsibility on others. In fact Cosatu has never been educated so they don't own responsibility for their ignorance. Instead of investing in the future of some gifted students the ANC would rather destroy everything. African prehistoric mentality.

  • Carlo Gieljoumie - 2012-07-10 20:57

    Eish bloody politician they are suffering from tenderlitus wonder who will get this tender

  • marius.koen.16 - 2012-07-10 21:07

    "It is totally unacceptable for a custodian of money held on behalf of public servants to bolster private education at a time when our public education services are in crisis, in part at least because of severe shortage of money," said Cosatu spokesperson Patrick Craven. Yes, and who's fault is that?

  • Lacrimose - 2012-07-10 21:09

    More demanding. How about demanding a feasible, measurable plan of your own Alliance? How about admitting that reducing the public education system as a salve to the lowest denominator was a big mistake? People achieve when they have something to aspire to. This group-think culture was a wonderful tool to achieve The Struggle's objectives. To compete in the world of 2012 and beyond, people must be liberated from the choke-hold of reductionist policies and attitudes.

  • empanza - 2012-07-10 21:32

    Dear Cosatu, The Public Investment Corporation manages the Pension Funds of Government Employees with the aim of maximising their future wealth. As far as I'm concerned its NOT a charity organisation! Worst thing to have happened to SA!

  • colleen.sass.75 - 2012-07-10 21:38

    First show us what's happened to the R207-billion allocated by Finance Minister Pravin Gordhan to the education sector for 2012/13 before you start complaining about money being spent on private education.

  • Tommo - 2012-07-11 00:02

    Investment is a key word here, and PIC does well to keep far away from state schools until we know where all the money is going!

  • attie.gerber.1 - 2012-07-11 05:26

    at least the money will be well spent and not stolen by corrupt officials cosatu catch a wake up you are just like the anc govt opressing your own people. it is time the masses stands up to you and the anc. all you can do is talk crap about the white people who you still blame for poor education and poverty.

  • amanda.dewinnaar - 2012-07-11 06:11

    It makes perfect sense to invest in something that actually WORKS. So, what is the problem?

  • john.dorian.1042 - 2012-07-11 06:51

    Suck it, cosatu!

  • dewaldmontgomery - 2012-07-11 07:15

    Says a man whose own family has children in private COLONIAL schools nogal.

  • lucky.mathibela - 2012-07-11 07:24

    no no no and no,not a smart move.

  • ifundi - 2012-07-11 07:51

    Why do the Politician's children go to Private schools Mr Vavi? Same reason why private investment goes to private schools.

  • Willem - 2012-07-11 08:08

    Nobody in his right mind should give public schools a cent. I am also sure not a cent of the communists is invested in public schools. Your politics is just reaching the most stupid of voters.

  • don.quioxte.3 - 2012-07-11 08:11

    This bunch of self-serving parasites will criticise anything that they cannot control and thereby get a share of.

  • Wayne - 2012-07-11 08:15

    Vavi, why not facilitate the improvement of public sector education through mobilising the Teachers Unions and members to contribute POSITIVELY and you might find that public sector education becomes a slightly mor attractive investment destination. Wht would any investors, institutional or private, invest in the public education system when it is entirely disfunctional.

  • carolyn.myburgh - 2012-07-11 08:17

    Privat schooling is the only way for parents to give their kids a good education ( geez these guys are such chops ) I bet all their kids are in private schools and not in the shambolic government system

      don.quioxte.3 - 2012-07-11 08:27

      But of course.! And paid for by the tax payer. Make no mistake. Parasites.

  • Archie - 2012-07-11 08:28

    It is the unionised teachers and the gov,cadres that have brought this countries schools to their knees.Rotten teachers ,idiotic outcome based learning and communist dogma have all taken their toll.Now the trolls are seeing their base threatened.Patrick,communism and total control are all out of fashion.Go join Patricia,Helen and our parliament leaders,they have already shown you idiots how to run a province.Copy them dont destroy them.They are real South Africans.

  • Matthew - 2012-07-11 08:42

    What utter Hog-Wash.There has been billions available for education. The fact that the ANC has been putting it into its pocket,and Oh Dear,now its time to face the music, now you're in a severe shortage. Instead of going after the companies make a difference, why dont comunist cosatu pigs reach deep down into your never ending pockets and put the money forward your Damn selves.I mean, its the money you've stealing from the country anyways, so put it to good use for a change. This cosatu hog wash never ends

  • don.quioxte.3 - 2012-07-11 08:53

    Patrick, you are only discarded Euro-trash. Go away.

  • sika.ncamane - 2012-07-11 09:17

    What has Cosatu invested in if not pornographic industry? Nxa