PSG places confidence in Curro after Capitec unbundling
PSG Group has thrown its weight behind Curro. The investment holding company has increased its stake in the private schooling group after unbundling from Capitec. While the value of its underlying portfolio has been impacted by this, PSG says its remaining investee companies are adequately capitalised to weather tough conditions and has has opted to proceed with a R377 million interim dividend payment. Business Day TV spoke to Piet Mouton, CEO of PSG Group for his take on the interim performance and what it means for future growth.