Starbucks keen to go beyond coffee into food in India

INDIA - India has become the largest market in Asia in terms of food sales for Starbucks, the world’s biggest coffee retailer, its chief executive officer said. Tata Starbucks, the 50:50 joint venture between Starbucks Coffee Company and Tata Global Beverages in India, wants to increase its food play in the country by micro-localising cuisines,…

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 from shareholders to acquire a 50% stake in the South African restaurant operating firm, Foodfund Investments. At the same time, the board of directors were given the greenlight to seek listing on the London Stock Exchange’s Alternative Investment Markets (AIM)…

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 launch the Kentucky Fried Chicken (KFC) franchise in Ethiopia within a year, The Reporter has learnt. Owned by one-time Ethiopian model, Tseday Asrat and Ethiopian Airlines captain, Elias Ketema, KFC Ethiopia is to complement the brands owned by the duo, including Lori-Agro-Industry…

Dunkin’ Donuts to eliminate foam cups packaging by 2020

USA – Leading coffee and sweet goods retailer Dunkin’ Donuts has announced that it will eliminate all polystyrene foam cups from its global supply chain by 2020 as part of its sustainability commitments, eliminating up to 1 billion of such packs a year. The company, will commence the replacement initiative in its key US home…

Zambian authorities shut down restaurants over disease scare

ZAMBIA — Zambia has shut three of South African retailer Shoprite’s Hungry Lion fast-food restaurants after their food tested positive for the bacterium that causes cholera, a government minister said yesterday. Zambia is struggling to contain an outbreak of the disease, which has killed 51 people and made more than 2 000 others sick in…

Franchisor targets 100 Burger King stores by end of 2018

SOUTH AFRICA - Empowerment company Grand Parade Investments (GPI), which is trading at close to a 12-month low, says it is confident of reaching the 75-store target for fast-food business Burger King by the end of June 2018. GPI – which has opened 70 Burger King stores across SA since securing the master franchise deal…

McDonald’s may appoint new partner for north, east India

INDIA - After months of intense battle with its Indian joint venture partner Vikram Bakshi, fast food giant Mcdonald's India may soon appoint a licensee partner for the north and east India region. In August this year, McDonald's had terminated franchise agreement for 169 out of its 430 fastfood outlets operated by Bakshi-led Connaught Plaza…