SOUTH AFRICA – Famous Brands, South African restaurant franchisor will cut funding to its long-time struggling British fast food operation, Gourmet Burger Kitchen, due to deterioration in sales caused by the coronavirus pandemic. The SA […]
SOUTH AFRICA – Famous Brands, South African restaurant franchisor has reported a 6.4% rise in systemwide sales across all restaurants in SA in its year ended February 2020, while like-for-like sales grew by 2.9%. The […]
SOUTH AFRICA – The non-executive Director and former CEO of Famous Brands, John Halamandres has disposed more than 500,000 ordinary shares he was holding of the company valued at almost R45m (US$3m) in over five […]
SOUTH AFRICA – Famous Brands, South African restaurant franchisor has reported a 15% fall in headline earnings, while revenue remained flat at around R3.6bn (US$246m) in the six months to end-August. According to its half […]
KENYA – South African based restaurant franchisor, Famous Brands is set to take direct control over seven outlets of Steers and Debonairs in Kenya previously run by local franchisee Hoggers. Famous Brands is set to […]
SOUTH AFRICA – Famous Brands, South African restaurant franchisor has reported a 6% rise in systemwide sales for half year ended August 2019 despite a slump in sales at Gourmet Burger Kitchen (GBK) as it […]
SOUTH AFRICA – Famous Brands, South Africa’s leading quick service and casual dining restaurant franchisor, has appointed Moving Tactics as their digital menu board supplier. Moving Tactics, a digital signage solutions company in the country, […]
SOUTH AFRICA – Famous Brands, South African restaurant franchisor, posted 5% decline in gross profit to US$246.02 million (R3.6bn) for the year ended February 2019 amid its struggling Gourmet Burger Kitchen (GBK) business. GBK, a […]
NIGERIA- Nigeria’s quick service restaurant Mr Bigg’s and subsidiary of United Africa Company (UAC) of Nigeria, has opened an outlet in Ogun States as part of its expansion strategy, reports This Day. Speaking during the […]
SOUTH AFRICA – Africa’s leading quick-service and casual dining restaurant franchisor, Famous Brands has reported an interim loss of US$37.15 million after announcing earlier that it expected to register a US$61 million impairment from the […]
