Simbisa Brands to open more fast food outlets in Kenya in an expansion drive

KENYA – Simbisa Brands, Zimbabwe’s largest fast-food restaurant operator has announced plans to open more restaurant and fast-food outlets in Kenya to expand its presence and tame rivals in the country, Business Daily has reported. The quick service and restaurant company operates Chicken Inn, Pizza Inn, Bakers Inn and Creamy Inn in Kenya. According to the firm, the move was based on the fact that its Kenya business had witnessed increased traffic with a positive outlook, thus expansion would foster continuous growth in a market where disposable income is rapidly…

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Anti-Profiteering agency questions Subway, KFC and Pizza Hut on tax cuts

INDIA – The National Anti-Profiteering Authority (NAPA) has questioned Subway, Yum Restaurants owned Pizza Hut and Kentucky Fried Chicken (KFC) for not fully passing on cuts in goods and services tax (GST) rates to consumers. The fast food restaurants were indicated to have impartially adhered to lower GST rates by passing tax cuts on select products and not across the board, ET Retail reports quoting an official aware of the issue. Effective July 2017, the GST Council announced lower rates from 18% to 5% for air-conditioned restaurants and 12% for…

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Domino’s implicated for not passing on lower GST rate benefits to consumers

INDIA – Domino’s Pizza, a restaurant chain operated by Jubilant FoodWorks in India is under investigation by anti-profiteering authorities for not passing on goods and services tax (GST) benefits to consumers after reducing and slashing the rates on several products. According to anti-profiteering provisions, companies were to pass on any benefits from a lower GST rate to consumers on a mandatory basis. Investigations carried out by the Directorate General of Anti-Profiteering found that Domino’s had not reduced the prices of all its products after GST Council cut the tax rate…

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Ireland’s Crust & Crumb to build US$5.8m new pizza factory

IRELAND – Crust & Crumb, the manufacturers of chilled pizzas, pizza bases and flat breads, has made plans to build a US$5.8 million new factory in Ballyconnell, Co. Cavan, supported by the Government of Ireland through Enterprise Ireland. According to the company, this development into its new location at Ballyconnell, Co. Cavan, will enable expansion into the large and growing chilled pizza market in mainland EU countries. It added that approximately 80 full time jobs will also be created at the facility. Crust and Crumb Bakery Limited (NI), the parent…

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US pizza chain boss John Schnatter resigns after racist comments

USA – Papa John’s Pizza International chairman and founder John Schnatter has resigned following an incident that implicated him for making racist comments that hit the shares of the pizza chain, according to Bloomberg. His resignation was accepted by independent directors of the company and a new chairman would be appointed in the coming weeks. Schnatter came under pressure after a media report embroiled him for using a racial slur against African-Americans in a May conference call with a marketing agency, Laundry Service. The resignation comes months after stepping down…

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Papa John’s appoints Joe Smith as new Chief Financial Officer

USA – The American restaurant franchise company Papa John’s has promoted Joe Smith to the chief financial officer position effective immediately while Steve Coke, who has been serving as interim principal financial and accounting officer, will continue to serve as vice president, Investor Relations and Strategy. Smith was senior vice president of global sales and development at the company, a position he has served since his appointment in 2016. He started his career at Papa John’s in 2000 as senior director of corporate budgeting and finance, promoted to vice president…

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Pizza Hut opens 100th store in sub-Saharan Africa

SOUTH AFRICA – Pizza Hut, the American restaurant chain and international franchise has opened a new store in Johannesburg, South Africa with ambitious plans to expand into Africa. It provides Italian-American cuisine menu including pizza and pasta, as well as side dishes and desserts in a range of restaurants across Africa. Pizza Hut restaurants now trade in 13 Sub-Saharan African countries, with an additional 90 stores in Morocco, Egypt and Algeria, bringing the total to 190 across the African continent. Africa’s untapped opportunities presents them a potential market destination, especially…

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Tyson Foods considers sale of pizza crust business

USA – Tyson Foods, the American multinational corporation has announced that it was exploring the sale of its pizza crust business (TNT Crust), while it shifts focus on its core protein business. The company is capitalizing on demand for protein after it reported a 1755 surge in net income for the quarter ended 30, December 2017. The sale, which is to be conducted by Goldman Sachs includes partially baked crusts, flat breads and self-rising crusts as well as the company’s two manufacturing facilities in Green Bay, Wis. However, the company…

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World Centric unveils 100% plant-based, compostable pizza box

USA – World Centric, maker of certified compostable products has unveiled a new, full circle pizza box, ‘PizzaRound™’, a certified compostable pizza container that delivers operational, environmental and customer benefits. According to the company, the box reduces packaging waste labor, space, grease and sogginess as opposed to traditional cardboard pizza boxes. It is made from renewable sources that is, 80% sugarcane and 20% bamboo offering the best sustainability needed in the food chain. In this way, the innovation helps pizza takeout/delivery restaurants reduce on their environmental and carbon footprints. In…

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