Famous Brands cuts funding to its loss-making UK fast food business
SOUTH AFRICA – Famous Brands, South African restaurant franchisor will cut funding to its long-time…
Fast food
American fast food chain Burger King to set base in the Ethiopian market
ETHIOPIA – Burger King, the global fast food franchise has teamed up with Belayab Foods…
Java House launches a new fast food chain brand ‘Kukito’
Kenya – Java House Africa, leading East African coffee and food chain has launched a…
KFC partners with online delivery platform Munch Zimbabwe
ZIMBABWE – Kentucky Fried Chicken (KFC), global fast food restaurant has partnered with food delivery…
Famous Brands to take over Kenyan local franchises Steers, Debonairs
KENYA – South African based restaurant franchisor, Famous Brands is set to take direct control…
Competition Authority of Kenya approves VIVO, KFC East Africa joint venture
KENYA – The Competition Authority of Kenya (CAK) has approved the 50:50 joint venture deal…
AAK develops new flaked fats to enhance taste, texture and crust quality in pizza
SWEDEN – Specialty ingredients provider, AAK has developed a new range of flaked fats to…
Private equity firm AEEI mulls increasing stake in Pioneer Foods
SOUTH AFRICA – African Empowerment Equity Investments (AEEI), which also controls Premier Fishing & Brands…
Private equity firm ECP buys majority stake in Kenya’s Artcaffe
KENYA (Reuters)– Africa-focussed private equity firm Emerging Capital Partners has acquired a majority stake in…
Jubilant FoodWorks revenue grows 21% during the second quarter
INDIA – Jubilant FoodWorks Limited, which holds the master franchise for Domino’s Pizza in India…
McDonald records 5% revenue increase from higher global sales
USA – McDonald’s Corp has posted a 5% increase in revenue and high profits, surpassing…
Starbucks keen to go beyond coffee into food in India
INDIA – India has become the largest market in Asia in terms of food sales…
Simbisa Brands gets a go-ahead for stake in Foodfund, targets AIM listing
ZIMBABWE – Simbisa Brands Limited, a quick service and restaurant company has received a nod…
US food chain Hardee’s set to open third store in Nairobi
KENYA – American burger chain Hardee’s is set to open its third branch at Two…
KFC to enter Ethiopia with Kaldi’s coffee chain enterprise as franchisee
ETHIOPIA – The company behind Kaldi’s, Ethiopia’s most recognized coffee shop brand, is set to…
Dunkin’ Donuts to eliminate foam cups packaging by 2020
USA – Leading coffee and sweet goods retailer Dunkin’ Donuts has announced that it will…
Zambian authorities shut down restaurants over disease scare
ZAMBIA — Zambia has shut three of South African retailer Shoprite’s Hungry Lion fast-food restaurants…
Franchisor targets 100 Burger King stores by end of 2018
SOUTH AFRICA – Empowerment company Grand Parade Investments (GPI), which is trading at close to…
McDonald’s may appoint new partner for north, east India
INDIA – After months of intense battle with its Indian joint venture partner Vikram Bakshi,…
Burger King sales grow 69% even as industry stagnates
INDIA – American fast-food chain Burger King, in the second year of its India operations,…
Taste Holdings to raise US$28m in rights issue
SOUTH AFRICA – Fast-food and jewellery chain franchiser Taste Holdings plans to raise R398m (US$28.5m)…
Java launches new cafè at university as it eyes more cities
KENYA – Local coffee chain Java House plans to open additional outlets outside Nairobi after…
India a stand-out market – Yum! Brands CEO
INDIA – Yum! Brands chief executive Greg Creed called India a stand-out market, while announcing…
Ed’s Diner brand to be rolled out in South Africa
SOUTH AFRICA – Small fast-food and restaurant franchise company Gold Brands International (GBI) has acquired…