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Monday, September 21, 2026

News24 | ‘Wealthy’ Gauteng schools lose more than R340m as subsidies are cut to the bone

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The historic King Edward VII campus in Houghton. The school’s principal says the quintile system needs updating and that inflation and the increased cost of living need to be factored in.

The historic King Edward VII campus in Houghton. The school’s principal says the quintile system needs updating and that inflation and the increased cost of living need to be factored in.

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Audiobook of the Month

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News24’s free audiobook for subscribers this month is ‘Curro: The Art of Creating True Wealth’ by Dr Chris van der Merwe and Elmari Rautenbach.

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Rand - Dollar

16.23

+0.2%

Rand - Pound

21.72

+0.3%

Rand - Euro

18.63

+0.2%

Rand - Aus dollar

11.57

+0.0%

Rand - Yen

0.10

+0.4%

Platinum

1,797.50

-0.5%

Palladium

1,314.50

-0.4%

Gold

4,351.62

-0.7%

Silver

65.95

-0.4%

Brent-ruolie

103.87

-0.9%

Top 40

106,207

+0.9%

ALSI

113,850

+0.8%

RESI 10

130,763

+1.4%

INDI 25

119,342

+0.4%

FINI 15

25,701

+0.8%

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