Distributor of petroleum products RUBiS Energy diversifies offering with launch of Brioche restaurant

KENYA – Multinational oil and gas marketing company, RUBiS Energy has opened a restaurant franchise dubbed Brioche in Kenya, as part of its retail and marketing strategy to provide world-class quality products, and convenience to motorists on the go, saving time and money. Brioche is known to be a high quality, affordable, convenient bakery and restaurant brand inspired by the French cuisine tradition. The outlet is currently in five RUBiS branded stations in the capital, Nairobi, with more expected to be unveiled within the RUBiS network of service stations, reports…

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SA’s hotel, restaurant sector receives hit by COVID-19 pandemic registering 32% decline in revenue

SOUTH AFRICA – The South Africa hotel, restaurant, and institutional (HRI) industry has been severely affected by government restrictions imposed beginning in March 2020 in an effort to control the COVID-19 pandemic. Social-distancing measures, curfews, and restricted operating hours have decreased revenue for the sector which has led to the closures of many businesses and loss of jobs. The effects of disruptions caused by the pandemic are evident from the 32 percent decline of the industry’s revenues in 2020 to US$3 billion, compared to 5 percent revenue growth in the…

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Burger King SA becomes first African fast-food restaurant to serve plant-based meat

SOUTH AFRICA – In a bid to cater to the growing demand for meat-free food options, Burger King South Africa has introduced an array of plant-based offerings in its menu, all made with 100% plant-based ingredients. Deemed to be the first fast-food chain to offer vegan-certified meat in all of Africa, Burger King created the new delicacies in partnership with Unilever Food Solutions and The Vegetarian Butcher. The new menu items include Whopper, Vegan Royale (a vegan chicken sandwich), and Vegan Nuggets. The quick-service restaurant chain says that vegan, vegetarian…

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Simbisa Brands showcases stellar performance on back of efficiency strategies, eyes more growth

ZIMBABWE – Simbisa Brands, one of Africa’s leading Quick Service Restaurant group, nearly doubled its full year revenue for the period ended June 2021 to ZWL$18.8 billion (US$51.9m) from ZWL$9 billion (US$29.86m) reported in the prior comparative period. The 108% rise in top-line performance was driven by increased sales through delivery channels, growth of customer counts alongside higher average spend rate. This is despite the fast-food chain operator trading at 70% capacity on counter trading hours due to the Covid-19 related mandatory restriction. Furthermore, aggressive cost-saving measures initiated in response…

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African Capital Alliance acquires minority stake in Nigerian fast food restaurant owner Food Concepts

NIGERIA – Food Concepts, a leading Quick Service Restaurant (QSR) operator in West Africa has welcomed a new partner in its business to steer it to future growth. Development Partners International (DPI), the main investor of the company has sold 31% stake of the fast-food chain to African Capital Alliance (ACA), a leading pan-African alternative investment firm. Following the deal, ACA and DPI will work together to support Food Concepts on its next phase of growth and help drive the business’ regional expansion strategy. “DPI has been there for us…

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Spur Corporation attains profit gain as RocoMamas delivers star performance

SOUTH AFRICA – South Africa based fast–food chain operator, Spur Corporation has reported improved full year performance, a sign of a slow but positive recovery. The group which owns sit-down restaurant brands like Spur, Panarottis, John Dory’s and the Hussar Grill – as well as fast food and fast causal brand RocoMamas, saw its headline earnings per share for the year ended June 2021 increase by 33.1% to 110.74 cents per share, from reporting a loss of 82.76 cents per share in the previous year. The JSE-listed company also reported…

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McDonald’s to cut use of virgin plastic in toys, announces share buyback program as business recovers

USA – McDonald’s Happy Meal toys will be made from recycled or plant-based plastics in an effort to cut its use of virgin fossil fuel-based plastics, the company has revealed.   According to a statement from the company, the changes will allow it to cut its use of virgin fossil fuel-based plastic for Happy Meals by 90% compared with 2018.  McDonald’s, which started selling Happy Meals in 1979, shifted to more sustainable toys in the UK, Ireland and France in 2018.  In the United States, McDonald’s is already using some…

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South African fast-food restaurants register improvement in sales following steady economic recovery

SOUTH AFRICA – South Africa based fast–food chain operator has reported a marginal growth in its full year restaurant sales by 1%, representing a 67.6% increase in the second half of the financial year ended June 2021. The jump in the interim period was in comparison to the same period in F2020, which was severely impacted by the total prohibition on sit-down trade in the fourth quarter. Its home operations registered a sales growth of 1.5%, while its international businesses attaining a 3% decline in sales. In a bid to…

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Simbisa Brands gets nearer to customers in home market with launch of new outlet

ZIMBABWE – Simbisa Brands, Zimbabwe’s largest fast-food restaurant operator has opened a new branch in Redcliff town in the Midlands province of Zimbabwe, as part of a business expansion drive. The new outlet housing the company’s three brands, Chicken Inn, Pizza Inn and Baker’s Inn, is part of its expansion programme, which seeks to see the company opening more branches across the country by year end. “Today Simbisa Holdings operates more than 230 stores across the country. Simbisa Holdings is growing and is scheduled to open more stores before year…

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Pizza Hut in Ghana finds new owner, Krispy Kreme Donuts opens inaugural store in Egypt

GHANA – American restaurant chain and international franchise, Pizza Hut, is set to relaunch in Ghana under new ownership. Melcom Group of Companies, a diverse business conglomerate, is set to acquire the franchise rights of the fast-food chain in the country. The acquisition will mark the entry of Melcom Group into the Quick Service Restaurant (QSR) business, expanding its business interest beyond retail, modern trade, plastic manufacturing, electronics assembly and travel. According to reports by Ghana News Agency, the pizza maker would be operated by one of the group’s subsidiaries,…

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