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 SOUTH AFRICA
FRANCHISE NEWS ARCHIVE
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: : Jul - Dec 2005
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FishAways opens 50 stores. The quick-service FishAways
network, part of the Famous Brands Limited group, has expanded to
a total of 50 stores nationally. .... [more]
7 Dec, 2005
Kingco to roll out 40 new outlets. King Consolidated
(Kingco), the owner of the Bimbo's and Keg brands, will open 40 new
outlets in the next 18 months, increasing the number of quick-service
restaurants in the group's six brands to 200. .... [more]
29 Nov, 2005
Famous Brands gains Bimbo's franchise. South African
convenience food company Famous Brands has concluded a transaction
with listed King Consolidated Holdings to acquire its complement of
38 Bimbo's franchise agreements. .... [more]
17 Nov, 2005
Training vital to franchising success. The growing popularity
of franchising in South Africa has made it increasingly important
that new or existing franchisees are given the confidence to manage
their businesses successfully. .... [more]
16 Nov, 2005
Scooters seeks black franchisees. Scooters Pizza, the
franchise pizza delivery chain, is aiming for 25 percent of its stores
to be African owned over the next few years and is considering empowerment
at the holding company level in the future. .... [more]
15 Nov, 2005
Shoprite acquisition of Foodworld stores complete. Shoprite
has finalised its acquisition of the Foodworld chain of supermarkets
in the Western Cape, following its approval by the competition authorities.
.... [more]
14 Nov, 2005
Famous Brands sees potential in United Arab Emirates.
Famous Brands is planning to open eight Debonairs Pizza restaurants
in the United Arab Emirates over the next three years to take advantage
of the growing expatriate population. .... [more]
31 Oct, 2005
Shoprite to launch in Nigeria. Supermarket chain Shoprite
would open its first store in Nigeria, Africa's most populous country,
on Monday, Whitey Basson, the chief executive of Shoprite Holdings,
said yesterday. .... [more]
28 Oct, 2005
Fitch affirms Pick 'n Pay ratings. International credit
rating agency Fitch Ratings has affirmed SA-listed retailer Pick 'n
Pay's (PIK's) national long-term rating at "A+" and short-term
rating at "F1". .... [more]
26 Oct, 2005
Growth in township and downtown outlets boosts Famous Brands
profit. Fast-food chain franchiser Famous Brands said yesterday
it had experienced impressive growth in new franchise outlets opened
in townships and downtown urban areas in the past year. .... [more]
20 Oct, 2005
Pick 'n Pay's move to townships pays off. Pick 'n Pay,
the retailer that built its business selling food and toiletries to
middle- and upper-income white consumers, is now reaping rewards from
its recent investment in black townships and small rural towns. ....
[more]
20 Oct, 2005
Franchising is becoming an empowerment leader. With
"entrepreneurship" and "empowerment" the two current
buzz words, the Franchise Association of Southern Africa (Fasa), put
the spotlight on both when it announced the winners of the Fasa Awards
for Excellence in Franchising. .... [more]
19 Oct, 2005
Pick 'n Pay lifts interim earnings. Food retailer Pick
'n Pay has reported a 16.7 percent rise in its headline earnings per
share (HEPS) for the six months to end-August 2005. .... [more]
18 Oct, 2005
Famous Brands expects increase in first half earnings.
Listed quick service group Famous Brands is expecting an increase
of between 40% and 50% in its headline earnings per share for the
six months to end-August 2005 compared to those of a year earlier.
.... [more]
11 Oct, 2005
Strike continues at Clicks, all stores operating. The
wage strike at retail chain Clicks, owned by listed health and beauty
group New Clicks Holdings, entered its fourth day today with all Clicks
stores open and operating as usual. .... [more]
10 Oct, 2005
New Clicks faces strike action. Listed beauty, health
and pharmacy retailer New Clicks is facing strike action by members
of the South African Commercial, Catering and Allied Workers Union.
.... [more]
5 Oct, 2005
Shoprite hikes Basson's pay to R59m. Shoprite Holdings,
South Africa's second-largest food retailer by sales, more than quadrupled
chief executive Whitey Basson's annual compensation to R59 million
after the stock surged, triggering bonus payments. .... [more]
4 Oct, 2005
Italtile price-fixing ruling may rock franchise game.
Ceramic manufacturer and retailer Italtile was yesterday slapped with
a R2m administrative fine for contravening the Competition Act - in
a move that seems to fly in the face of franchising principles. ....
[more]
21 Sep, 2005
Franchising delivers dividends for well-established companies.
Franchising is yielding dividends for well-established businesses,
generally generating higher turnover than company-owned branches,
unlocking capital and reducing overheads. .... [more]
20 Sep, 2005
Businesscard.co.za appoints its first franchisee. businesscard.co.za,
a subsidiary of MCI Consultants, has announced that it has appointed
Likusasa Consulting as its first franchisee. .... [more]
19 Sep, 2005
Spur stakes China. Listed quick service franchise group
Spur Corporation is set to become South Africa's first food group
in China when it opens its first franchised Spur Steak Ranch in Shanghai
in two weeks' time. .... [more]
15 Sep, 2005
Italtile gets R2m price-setting fine. Tile and ceramic
ware retailer Italtile has agreed to pay an administrative penalty
totalling R2-million after the Competition Commission found the group's
conduct in the central setting of selling prices to franchisees amounted
to minimum resale maintenance and therefore violated the Competition
Act. .... [more]
15 Sep, 2005
Famous Brands is cooking. Fast food group Famous Brands'
quarterly business review reveals strong retail growth for restaurants
across the group's brand portfolio network. .... [more]
26 Aug, 2005
Truworths shareholders can smile about growth. Truworths
International has handsomely rewarded shareholders with a 44 percent
increase in its annual dividend. .... [more]
19 Aug, 2005
Franchises could be in contravention of the Competition Act.
Recently the Competition Commission released a notice to franchisors
and franchisees on the impact of the Competition Act on their franchising
agreements. .... [more]
18 Aug, 2005
Chicken franchises are making it big. One franchise
business that seems to be booming is the chicken business, both Nando's
and Chicken King are on an expansionary path. .... [more]
18 Aug, 2005
Metcash to retrench workers. Metro Cash and Carry (Metcash)
says it will retrench "about 600" of its workers for the
company to survive and save 9500 other jobs. .... [more]
16 Aug, 2005
Italtile to empower half its franchises. Italtile, the
listed retailer of ceramic tiles, bathware and related products, intends
to have close to 50 percent of its franchises in black hands within
the next five years. .... [more]
16 Aug, 2005
Pick ’n Pay, union settle wage dispute. The 11-day
strike at food retailer Pick ’n Pay has ended with a wage deal
reached late yesterday, which the company said would lift its labour
bill by 7,2%. .... [more]
2 Aug, 2005
Pick 'n Pay strike continues. A strike at the supermarket
chain Pick 'n Pay entered its 11th day on Monday with no settlement
of the dispute in sight. .... [more]
1 Aug, 2005
Solve dispute, minister urges union, Pick 'n Pay. Minister
of Labour Membathisi Mdladlana urged the South African Commercial,
Catering and Allied Workers' Union (Saccawu) and Pick 'n Pay on Friday
to engage in meaningful discussions to resolve a pay strike. ....
[more]
30 Jul, 2005
New lending scheme for franchisees. Poor people planing
to start their own businesses have been given a boost with the launch
of a programme that provides financial support and mentoring for those
starting franchise operations. .... [more]
28 Jul, 2005
Pick 'n Pay wage talks deadlock. Wage negotiations between
the SA Commercial Catering and Allied Workers Union and retailer Pick
'n Pay will continue on Thursday after Wednesday's talks deadlocked.
.... [more]
28 Jul, 2005
Shoprite workers may strike - union. The SA Commercial,
Catering and Allied Workers' Union (Saccawu) did not exclude the possibility
of a strike at retail chain Shoprite if agreement on its wage dispute
was not reached. .... [more]
28 Jul, 2005
Pick 'n Pay, union in renewed negotiations. Renewed
wage negotiations between retailer Pick 'n Pay and the SA Commercial
Catering and Allied Workers Union (Saccawu) got underway in Johannesburg
today. .... [more]
27 Jul, 2005
Absa partnership takes franchising to new heights in SME sector.
The development of the South African SME sector received a major boost
today when the Absa Group announced an innovative public-private partnership
with the African Development Bank and the Franchise Association of
Southern Africa. .... [more]
27 Jul, 2005
Pick 'n Pay strike losses at R50m. Retailer Pick 'n
Pay has experienced a total turnover loss of just under R50-million
over the four days since Friday. .... [more]
26 Jul, 2005
CCMA intervenes in Pick 'n Pay strike. The Commission
for Conciliation, Mediation and Arbitration (CCMA) on Monday said
in a statement that it has offered to intervene in the Pick 'n Pay
strike. .... [more]
25 Jul, 2005
Pick 'n Pay workers in court today. Hundreds of striking
Pick 'n Pay employees arrested at the weekend will appear in courts
across the country today. .... [more]
25 Jul, 2005
Pick 'n Pay urged to stand firm. If Pick 'n Pay gave
in to workers' unrealistically high pay demands, it could have a detrimental
impact on South Africa's inflation, analysts said on Friday. ....
[more]
25 Jul, 2005
Pick 'n Pay gets interdicts in strike. Retailer Pick
'n Pay has been granted interdicts at some of its stores across the
country where striking workers have prevented shoppers from entering
or attempted to shut down operations. .... [more]
22 Jul, 2005
Pick 'n Pay seeks interdict to keep stores open. Retailer
Pick 'n Pay is seeking an interdict to stop striking workers from
shutting stores down and preventing people from entering them, its
chief executive said on Friday. .... [more]
22 Jul, 2005
Union to launch strike at S.Africa's Pick 'n Pay. More
than 20,000 workers will go on strike on Friday at South African supermarket
group Pick 'n Pay Stores, the country's biggest retailer by sales,
a trade union said on Tuesday. .... [more]
19 Jul, 2005
Dr Phunk’s new ads cook up juicy sales for upwardly mobile
Chicken Licken. The Chicken Licken brand has been through
a huge metamorphosis. .... [more]
13 Jul, 2005
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