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ADvTECH delivers strong results on the back of continued enrolment growth Dividend increased by 30%

28 August 2023: Commenting on the results, ADvTECH CEO, Roy Douglas, said: “ADvTECH’s strong financial performance for the first six months of the year is a result of a solid contribution from all the group’s operating divisions with improved margins across the board. Our schools and tertiary divisions benefitted from good enrolment growth, moderate fee increases and enhanced operating leverage, while we continued to reap the rewards from our rest of Africa investment in our resourcing division.”


Operational and financial performance

  • Strong enrolment growth across the board
  • Operating profit up 23%
  • Normalised earnings up 26%

 

ADvTECH’s strong financial performance, solid cash generation and robust balance sheet reflect the group’s sound business model, clear market focus and continued emphasis on effectiveness and efficiencies.

 

Group revenue grew by 16% to R3.9 billion (2022: R3.4 billion) due to consistent enrolment growth in both the schools and tertiary divisions, as well as from increased business activity in the resourcing division. Operating profit increased by 23% to R754 million (2022: R612 million) with the group operating margin improving to 19.2% (2022: 18.1%). Normalised earnings for the period increased by 26% to R459 million (2022: R365 million) while normalised earnings per share increased by 25% to 84.3 cents (2022 67.3 cents) per share.

 

Cash generated by operating activities increased by 13% to R1.7 billion (2022: R1.5 billion), demonstrating the strong cash generating capacity of the group.

 

Capital expenditure focused on increasing capacity on existing sites to meet demand, the development of a new school and a new tertiary site, acquiring equipment to enhance our teaching and learning through technology and enhancing business systems to enable the standardisation of processes across the group to allow for further efficiency improvements.

 

While the board still see significant investment opportunities, the consistent growth trend and continuing strong cash generation, together with a sound balance sheet and reduced borrowings, has given the board the confidence to increase the dividend at a marginally higher rate than the growth in earnings.

 

The board is pleased to announce the declaration of an interim dividend of 30.0 cents (2022: 23.0 cents) per ordinary share in respect of the six months ended 30 June 2023.

 

Schools South Africa

 

  • Enrolments up 6%
  • Operating margin improved to 20.1%

 

The schools division continued to enhance its value proposition and win market share despite the tough operating environment. All the division’s brands, including the premium brands, recorded volume and operating profit growth.

 

Revenue increased by 13% to R1 402 million (2022: R1 239 million) and operating profit increased by 20% to R282 million (2022: R235 million) with the operating margin improving to 20.1% (2022: 19.0%).

 

Pinnacle Raslouw, in Centurion, Gauteng, opened in January 2023. Enrolments were well ahead of expectations necessitating bringing forward the development’s second phase. 

 

Schools in the rest of Africa


  • Enrolments up 10%
  • Operating margin improved to 24.7%

 

ADvTECH’s school brands in the rest of Africa recorded strong enrolment growth and remained operationally sound. Revenue increased by 26% to R193 million (2022: R153 million) while operating profit improved by 73% to R48 million (2022: R28 million) with the operating margin advancing from 18.1% to 24.7%.

 

Gaborone International School (GIS) in Botswana continued to perform exceptionally well with strong enrolment growth and market leading academic results. Capacity was increased at Crawford International School in Kenya as it continued to experience strong demand.

 

Tertiary/University

 

  • Continued good enrolment growth
  • Revenue up 13%
  • Operating profit up 19%

 

ADvTECH’s tertiary division performed well and continued to grow off the back of a well-established portfolio of quality brands that offer a comprehensive range of programmes and qualifications. Revenue increased by 13% to R1 500 million (2022: R1 324 million) and operating profit grew by 19% to R375 million (2022: R315 million). The operating margin increased to 25.0% (2022: 23.8%) benefitting from effective cost containment measures.

 

The group’s ability to provide multi-channel modes of delivery (contact, blended, online, full-time, part-time and distance) is fundamental to its value strategy. It allows the division to meet the requirements of every student at any time and at any location.

 

Resourcing

 

  • Rest of Africa continues to build scale

 

The strategy to expand into the rest of Africa continues to bear fruit. Volumes grew substantially over the period resulting in revenue increasing by 33% to R713 million (2022: R536 million) and operating profit by 52% to R45 million (2022: R29 million).

 

SA resourcing revenue decreased marginally by 4% to R124 million (2022: R129 million) due to the disposal of the group’s 51% share of the Contract Accountants group in the second half of 2022. The continuing business performed well in a tough economic environment and on a like-for-like basis, excluding the impact of the disposal, revenue was up by 6%. Operating profit remained flat at R5 million (2022: R5 million).

 

Prospects

 

The continued growth in demand for quality education in South Africa, and particularly in the rest of Africa, persists. Our ability to convert this demand into good enrolment growth in both the schools and tertiary divisions, supports the Group’s confidence in sustaining its growth trajectory in the near term.

 

Commenting on the group’s outlook, Douglas said: “ADvTECH remains uniquely positioned to benefit from the growth in demand for education in both South Africa and particularly in the rest of Africa. We look forward to the continued growth of our resourcing footprint in the rest of Africa. We are single-minded in our approach to optimise our performance across the group. Our focus on productivity, efficiency and leveraging scale to deliver value in quality education remains key to our continued growth.” 


ADvTECH Updates

By Tamara Thomas February 20, 2025
Africa’s leading private education group, JSE-listed ADvTECH, has launched South Africa’s first dedicated Centre of Teaching and Learning Excellence, focused on driving excellence across all educational phases in the country. The centre will be the first of its kind, centralising continuous professional development training across both schools and tertiary phases. Named SIRIUS (after the brightest star in the sky), the centre will be a dynamic learning space, dedicated to facilitating relevant micro-courses and workshops to enhance teaching practices and promote the continuous professional development of the group’s teachers, lecturers, research and supervisors across its 119 schools and 33 tertiary campuses. “SIRIUS will serve as the central hub for educational excellence. ADvTECH teaching and academic staff will be provided with the innovative resources, support, and professional development opportunities, both online and in-person, that they need to consistently excel and drive student growth and performance,” says Desiree Hugo, SIRIUS Schools Head. “SIRIUS will be a dynamic learning space which will focus on specific areas of practice to support and improve student learning and results, as great teaching can be learned,” she says. SIRIUS will therefore play a key role in supporting educators in schools and tertiary to deliver on the academic excellence promise of ADvTECH. Hugo says the center will support ADvTECH’s academic leadership positioning by: Implementing tools for teaching and learning innovation aligned to global benchmarks; Driving continuous development of teaching and academic practices that will attract and retain top teachers and academics (lecturers, researchers and supervisors); Leveraging research projects to inform and operationalise internal best practices, and Capacitating teaching and learning skills for improved student academic outcomes. SIRIUS modes of delivery will include in-person training at the SIRIUS Hub, online real-time facilitation, and curated online resources for independent self-study. “We are very excited about the development of our dedicated teaching studio in Sandton, which is specifically designed to facilitate the teaching of 21st century pedagogies,” says Hugo. The studio will facilitate in-person learning of up to 60 delegates at a time, in a relaxed atmosphere with modern and inspiring spaces equipped with flexible furnishing and cutting-edge technology. It will include inclusive and functional features, such as a coffee bar, collaboration spaces, and resource centre, as well as a dynamic teaching space that can be adapted to accommodate the various educational phases. SIRIUS Tertiary Head, Dr Gill Mooney, says the center will ensure that ADvTECH has a strong and sustainable pipeline of excellent teaching and learning professionals to support the group's growth imperative, to further solidify its sector leadership position now and into the future. “By centralising and leveraging skilled and scarce teaching and learning resources, we will be able to further drive excellent academic performance, as well as attract and retain top talent for both our schools and tertiary division, given the extent and accessibility of developmental opportunities. We like to call this empathic empowerment, where all our academics and teachers have the opportunity to shine,” she says.
By Tamara Thomas February 3, 2025
ADvTECH LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”) BOARD CHANGES: RESIGNATION AND APPOINTMENT In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are hereby advised of the following changes made to the composition of the ADvTECH Board of Directors (“ADvTECH Board”) and its committees: Mr. Monde Nkosi (‘Monde’), a non-executive director and member of the Investment, Nominations and Remuneration Committees will resign from the ADvTECH Board, effective 28th February 2025. Monde, who is an Investment Director at Value Capital Partners, joined the ADvTECH Board in 2021 and has made a valuable contribution during a period in which ADvTECH has grown its footprint, delivered substantial returns to shareholders and expanded its positive social impact. The Board extends their sincere appreciation to Monde for his commitment and valued contribution during his tenure as a non-executive director and wishes him well in his future endeavours. Mr. Daniel Smith (‘Dan’), who currently serves as an alternate director to Monde, will be appointed to the ADvTECH Board as a non-executive director, and a member of the Investment, Nominations and Remuneration Committees, effective 28th February 2025. Dan has over 20 years’ experience in investment banking in South Africa and internationally across multiple industries. Dan currently holds the position of Group Chief Financial Officer at Lesaka Technologies Inc., a NASDAQ- and JSE-listed fintech group.  The Board congratulates Dan on his new role and looks forward to his continued contributions. 3 February 2025 Johannesburg Sponsor: Bridge Capital Advisors Proprietary Limited
By Tamara Thomas January 23, 2025
This year’s International Day of Education (Friday 24 January) spotlights the theme AI and education: Preserving human agency in a world of automation. The day emphasises the transformative power of education in fostering social impact through personalised digital learning, says Desiree Hugo: Academic Head at ADvTECH Schools, Africa’s leading private education provider. As artificial intelligence reshapes educational landscapes, retaining the best practices of the past, combined with personalised digital learning, becomes essential in addressing diverse student needs, she says. “Given this context, it is imperative that educational institutions invest in educators' professional development, to equip teachers with the skills necessary to integrate AI tools effectively, to enhance individualised learning experiences. Personalised learning not only tailors educational content to suit each student's pace and style, but also encourages critical thinking and creativity.” This approach empowers teachers and students to navigate technological advancements while retaining their autonomy and agency. Hugo says in line with international best practice, the ADvTECH Group continues to invest in the delivery of superior technology and enhanced teaching and learning, thereby providing the roadmap for the development of future-focused education on the African continent. “We encourage all educational institutions, as we celebrate 2025’s International Day of Education, to also seek to elevate teaching practices, create and integrate systems to improve learning outcomes, and create and optimise academic support systems. “Let us reaffirm our commitment to harnessing education as a force for social good, ensuring equitable access to quality learning opportunities that prepare students for a rapidly evolving world.”
By Tamara Thomas January 23, 2025
Following the release of the 2024 Matric results this week, countless students are in a position where they can – or are forced to – reconsider their plans for 2025. For those who did better than expected, new doors will have opened. For others, their initial study plans may need to be reviewed due to their marks not fulfilling the requirements of their chosen qualification. Regardless of an individual’s position, it’s important to know how to move forward, an education expert says. “In the wake of receiving their results, it is important for all Matrics from the Class of 2024 to pause and consider the way forward. Even if your results don’t impact your initial plans, it is still advisable to make sure you know you are on the right path,” says Peter Kriel, General Manager at The Independent Institute of Education , SA’s leading private higher education provider. SCENARIO 1: YOU DID BETTER THAN EXPECTED Kriel says the first thing to do if you did better than expected is to enjoy the moment and celebrate your success. “Take pride in your achievement and recognise the hard work and dedication you put in. In preparation for future successes it is also important to reflect on your methods: Think about what strategies worked for you. Did you follow a study schedule? Did you use specific study techniques? Understanding what contributed to your success can help you in future endeavours,” he says. Then consider your options and plan your next steps. If you have a better than expected endorsement on the National Senior Certificate, you may want to reconsider your initial plans. “If you applied to a higher education institution to study in 2025, contact them immediately and find out if there is space available in a programme that you would rather follow but did not previously qualify for. “Alternatively, explore other options to check for available space. In South Africa, public universities and private higher education providers must all register as higher education providers and the qualifications they offer are all subject to a unitary form of accreditation. This means that there may be a world of options now open to you, which you may not even have been aware of.” SCENARIO 2: YOU DIDN’T DO AS WELL AS EXPECTED Kriel says it is very important to stay positive and not panic. Performing below par is a temporary hurdle, not the end of the road. “It’s natural to feel disappointed, but remember that one set of results does not define your future. Reflect on what happened and understand where things went wrong. Was it a lack of preparation, anxiety, or difficulty with certain topics? Identifying the problem is the first step to improvement going forward,” he says. If your poorer performance didn’t impact your National Senior Certificate endorsement you are probably also set to go. Your reflection on what went wrong is now more important than ever to ensure that you don’t make the same mistakes going forward. However, if you applied to study next year and you now no longer qualify to follow this route, you have to act quickly to plan how you will get to where you planned to be in the first place. “Remember, all doors are not closed – you may just need to follow a different route. One really good option is to enrol for a Higher Certificate at a reputable registered and accredited higher education institution. The advantage of doing this is that once you have successfully completed the Higher Certificate, you will be able to continue with degree studies in your chosen discipline.” It is important to keep in mind that both successes and failures are part of the learning process, Kriel says. “Use them as opportunities to build resilient adaptability and develop a growth mindset by believing in your ability to grow and improve. A growth mindset can turn challenges into opportunities for learning and development. “Your final school exam results are an important milestone, but they are just one part of your academic journey. Whether you did better or worse than expected, there are always steps you can take to continue growing and improving. Celebrate your achievements, learn from your experiences, and stay focused on your future goals. Remember, with determination and the right mindset, you can overcome any challenge and achieve your dreams.”
By Tamara Thomas January 21, 2025
JSE-listed ADvTECH has set a new record for academic excellence in the 2024 IEB examinations across their 119 schools. ADvTECH’s pass and bachelor’s degree pass rates for 2024 were 99% and 90% respectively, with 3 622 distinctions at an average of 1,8 per student. Additionally, 20 students were recognised by the IEB for Outstanding Performance and 10 for Commendable Achievement. “We congratulate our students, our schools and our teachers on this remarkable set of results.” says Desiree Hugo, academic head of ADvTECH’s schools' division. Hugo commented that the outstanding performance was the result of a number of initiatives introduced across the Group in the past few years. These include a strong focus on artificial intelligence driven teaching and learning. ADvTECH’s schools' brands include Crawford International, Pinnacle, Trinityhouse and Abbotts.
By Tamara Thomas January 14, 2025
With their 2024 IEB Matric exam performance, JSE-listed ADvTECH Schools and students have set a new precedent for academic excellence in the country. ADvTECH Schools not only performed better than the national average, but also improved on its own stellar results from the year before. The ADvTECH IEB pass rate for 2024 was 98,75% compared to the national rate of 98,47%. The group’s results were also better than the 2023 pass rate of 98,58%. 2044 students sat for the 2024 IEB exams. ADvTECH’s Bachelor Pass rate of 89,46% was also up from the previous year, and higher than the national IEB average of 89.37%. ADvTECH students achieved 3 622 distinctions. “We congratulate our students, our schools and teachers on this remarkable achievement,” says Desiree Hugo, Academic Head: Schools Division at ADvTECH. Hugo says the outstanding performance across ADvTECH’s 119 schools – which include brands such as Crawford International, Pinnacle College, Trinityhouse Schools and Abbotts College – was the result of significant advances introduced across the group in the past years. These include a strong focus on data-driven teaching and learning, which allows for individualised learning paths and interventions. “The increase in percentages may look small on paper, but they represent a significant number of individuals who have reaped the rewards of their hard work paired with the support of international best practices in education,” Hugo says.  Noteworthy performance of individual ADvTECH Schools included: · Crawford International Sandton 4,3 average distinctions per student · Crawford International La Lucia 3,3 average distinctions per student · Trinityhouse Randpark Ridge 2,6 average distinctions per student · Trinityhouse Little Falls 2,5 average distinctions per student · 20 ADvTECH Students were recognised for Outstanding Performance by the IEB · 10 ADvTECH Students were recognised for Commendable Achievement by the IEB
By Tamara Thomas December 13, 2024
During the December holidays, parents and guardians of 2025’s Grade Ones have a monumental milestone to look forward to – that of their child going to big school for the first time! In the coming weeks, before the school doors open in January, parents have a valuable opportunity to ensure children start their academic journey on a positive and strong footing, an education expert says. “Transitioning from preschool to the more formal primary school setting is a significant milestone for both children and their parents. This change can bring about feelings of uncertainty and anxiety, but with intentional preparation, parents can help their children embark on this new educational journey with confidence,” says Desiree Hugo, Academic Head: Schools Division at ADvTECH, Africa’s leading private education provider. Hugo says it is important to set a positive tone in the coming weeks, to help students prepare emotionally so that they can embark on their new chapter with the right mindset, ready to enjoy their academic journey from the start. “There will be lots of excitement around the practical preparations such as selecting school uniforms, gathering supplies, and getting to grips with new routines next year. But in addition to the logistical aspects, parents can also smooth the transition to help their child navigate the new environment. To that end, parents can start practising the mindset for success right away,” she says. Manage expectations As parents, it is important to manage our expectations, says Hugo. “Allow your child to make mistakes and learn from them, rather than pushing for achievement and perfect outcomes at all costs. In the next few weeks, help your child develop independence and confidence by taking small steps towards self-care, such as dressing themselves and organising their belongings. Celebrating efforts, even when they fall short of perfection, fosters resilience – both at home and at school.” Foster perseverance Young children may feel frustrated when they struggle with tasks. It’s essential to teach them the value of persistence and the importance of continuing to try despite difficulties. “Instead of immediately stepping in to resolve issues, parents should offer guidance and encouragement, to help their child build confidence in their own abilities.” Promote positive play Starting Junior school marks a crucial social development phase where children learn to engage meaningfully with peers. Parents should encourage kindness and inclusivity among their children, which are vital for emotional growth and confidence. “It can be tough out there for children as they start encountering challenging situations and peers. These early years start marking the time where parents can’t just always step in and remedy the situation, and where students need to start understanding how to navigate challenges themselves. To build conflict-resolution muscles, roleplaying various scenarios with toys or games that involve taking turns and dealing with frustrations can help children practise social skills necessary for making friends and resolving conflicts,” Hugo says. Encourage curiosity A natural curiosity about the world is fundamental for learning. “Parents should nurture this by engaging in conversations about their surroundings during outings, ask questions of your child, do not just supply answers. Research indicates that children benefit significantly from interactive discussions where both parties question, listen and respond thoughtfully. “Encouraging reading and exploring topics together can further enhance this curiosity.” Develop healthy routines to build resilience While there is little to no homework in the early years, parents should put aside some time every day to focus on the day’s activities, by talking over what was done in school during the day and reading together. “Young children will start getting into a natural routine of building upon what they’ve learned. By making this a fun and enjoyable experience, and a positive family interaction, they will start to associate learning with empowerment, which will pay dividends down the line when the workload does start to grow.” In addition to setting up a daily ‘connection’ routine with positive associations right from the start, parents should also help their children build the skills which will be required from them later in their school careers. “Children need a healthy diet, plenty of sleep and exercise. Unhealthy habits and routines can quickly start to show in a child’s general disposition and academic engagement, so establishing good habits – including limiting screentime – is key. “By fostering connection time, parents will build trusting relationships with their children, so that when something may be troubling them, they reach out to their parents as their first line of support and care.”
By Tamara Thomas December 4, 2024
In an era where technological advancements are transforming every aspect of our lives, the educational sector is no exception. While innovation and technology have the potential to revolutionise learning, it is crucial to remember that not all change is inherently good, and tradition plays a vital role in maintaining the integrity and effectiveness of education, an education expert says. “Despite the rapid evolution of educational technologies, certain foundational skills and knowledge remain indispensable. Reading, writing, critical thinking, and problem-solving are timeless components of education that transcend technological advancements. These skills are essential for students to navigate a complex and ever-changing world,” says Dr Andre Abrahams, Deputy Dean: Academic Development and Support at The Independent Institute of Education , SA’s leading private higher education provider. Dr Abrahams recently delivered the keynote address at the International Conference on Education Research (ICER), hosted by The IIE, wherein he made the case for the importance of balancing innovation with tradition. Technology, particularly artificial intelligence (AI), has the potential to significantly enhance learning outcomes. AI tools can automate administrative tasks, provide personalised learning experiences, and make education more interactive and engaging. For instance, AI-powered adaptive learning platforms can identify knowledge gaps and offer customised content to students, improving their learning outcomes, he notes. “But while technology can replicate and supplement traditional methods, it cannot replace the human touch that is essential for holistic education. Good pedagogy, which includes building positive relationships with students, providing emotional support, and fostering critical thinking, remains at the core of effective teaching. “Activities like read-aloud with physical books, for instance, continue to hold a special place in education, promoting a unique connection with literature and fostering a sense of community among students.” On the other hand, traditional educational practices do have their limitations, says Abrahams. “They often fail to engage students with varied learning preferences, leading to a one-size-fits-all approach that can leave some students behind. Additionally, traditional methods can sometimes hinder the discovery of new information and solutions to fundamental issues, and they may control who is allowed to produce ideas and what is considered scholarly knowledge. “These shortfalls highlight the need for innovation and adaptation in the educational system.” BLENDING TRADITION WITH INNOVATION The key to effective education lies in striking a balance between tradition and innovation, says Dr Abrahams. “Blended learning environments, which combine traditional teaching methods with modern technological tools, are showing promising results. These environments allow teachers to focus on complex teaching duties and direct student interaction while leveraging AI to handle repetitive tasks such as grading and tutoring. “Tradition serves as a reminder that not all change is good simply because it is new. It cautions us against the allure of novelty and fashion, encouraging us to evaluate technological advancements based on their true value rather than their novelty. This balanced approach ensures that we do not sacrifice the essential elements of education in the pursuit of innovation.” By leveraging the best of both worlds, we can create an educational system that is both modern and inclusive, ensuring that students receive the foundational knowledge and skills they need to thrive in a rapidly changing world, says Dr Abrahams. “Tradition is not a hindrance to progress but a guiding light that helps us navigate the complexities of modern education with wisdom and caution. As we embrace technological advancements, it is crucial to do so with caution to promote equity, fairness, and inclusion. Development and progress should be accessible to all, not just a select few. “By designing technology with diverse students in mind, we can ensure that digital fairness and inclusion are prioritised. This approach emphasises that the goal should not be to be the first or the fastest but to create a system that is equitable and beneficial for everyone.”
By Tamara Thomas December 2, 2024
Bullying in the workplace is a problem that is more common than one might expect. Office bullies create a toxic environment and cause significant stress for their targets or the broader office community. However, it is not always easy to identify certain behaviours as bullying, especially when they are subtle and veiled behind professional facades. “An attitude where a colleague adopts a sense of self-importance and unofficial authority can sometimes cross into the realm of adult office bullying. Individuals with this mindset often feel entitled to monitor, correct, or control the actions of their peers, even when they lack the formal authority to do so,” says Peter Kriel, General Manager at The Independent Institute of Education , SA’s leading private higher education provider. He says this self-imposed hierarchy can lead to behaviours that undermine the autonomy, confidence, and contributions of colleagues. The person may criticise, belittle, or "advise" under the guise of support, but the effect is often to enforce their own dominance and diminish others' value within the team. “Such attitudes can be harmful even when unconscious, as the underlying implication is that their peers are less competent or need guidance. Over time, this approach erodes trust and morale, creating an environment where others feel disempowered, stressed, and undervalued, which aligns with forms of workplace bullying,” says Kriel. BONA FIDE BEHAVIOUR OR BULLYING? Kriel says the following scenarios can provide clarity about whether a colleague’s behaviour is legitimately intended as support or guidance, or whether it has crossed over into bullying: Bullies frequently target others to diminish their credibility, which can include criticising, questioning decisions, or making others seem incompetent. They may “sabotage” work by withholding information or resources, setting their targets up to fail. Office bullies often manipulate situations to their advantage. They may take credit for others' work, spread rumours, or even lie to tarnish someone’s reputation. This behaviour serves to isolate their target and create doubt in the minds of colleagues. When bullies hold a position of power, they might misuse it to control others. They might micromanage excessively, impose unrealistic expectations, or demand work at a moment's notice to instil a sense of fear and inferiority. Some bullies portray themselves as victims, justifying their actions by saying they are defending themselves or the organisation. They may suggest that their target is untrustworthy, lazy, or hostile, painting a picture that shifts sympathy toward them and away from the true victim. Verbal abuse, sarcasm, belittling, and even silent treatment can be common tactics. Although physical intimidation is rare, office bullies may use non-verbal cues like glares, sighs, or dismissive gestures and even constant correction to intimidate others subtly. A bully might engage in gaslighting, where they make the target question their own judgment and sanity. They may downplay their actions or suggest that the target is overreacting, leading to self-doubt in the target and confusion about the legitimacy of their concerns. “Since bullying is simply wrong and, in many instances, explicitly prohibited in company policies, it is essential to address the behaviour constructively and assertively. Doing so would include documenting incidents, setting firm boundaries, seeking support, and escalating the matter to senior management. There are also many online resources that can guide you once you have identified that you are a victim of bullying,” says Kriel.  “But the first step towards addressing problematic behaviour is to be sure about what you are experiencing and being able to label it. If you are clear that you are not being over-sensitive or over-reacting, but that you are in fact the target of a bully, you can start putting in place strategies to address and resolve the issue.”
By Tamara Thomas November 26, 2024
ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”)  STRATEGY DAY AND SITE VISITS Shareholders are advised that ADvTECH will be hosting a CEO Strategy Presentation today, Tuesday, 26 November 2024 in Sandton, followed by campus site visits in Pretoria. The presentation will focus on Group CEO, Geoff Whyte’s forward vision and strategic direction for the Group. The presentation is now available on ADvTECH’s website, www.advtech.co.za . 26 November 2024 Johannesburg Sponsor: Bridge Capital Advisors Proprietary Limited
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