The former Johannesburg mayor has 18 months to build a movement and a team to compete in the 2021 municipal elections, writes Adriaan Basson.
More sun than clouds. Mild.
Spur managed to increase its headline profit by 10.2% to R165m in the year to June 2019.
Spur Corporation is to expand its restaurant portfolio with the acquisition of a 51% stake in the franchise restaurant group Nikos Coalgrill Greek.
Spur Corporation has grown restaurant sales from continuing operations to R7.2bn in the year to June 2017 as discretionary spending came under pressure.
Spur Corporation has announced that its executive chair and founder Allen Ambor has sold his 3 099 176 ordinary shares in the company.
Grand Parade Investments has advised shareholders that the potential acquisition of additional ordinary shares in Spur Corporation will no longer proceed.
Spur has signed its first Ethiopian Spur Steak Ranch franchise agreement with Cucina Trading, based in Addis Ababa.
The restaurant turnover of Spur exceeded R4.8bn during the financial year ending June, showing that consumers are still managing to find money to eat out.
The restaurant franchise chain posted strong growth in the fourth quarter of the financial year, but the group’s flagship brand still ended with lower sales than in 2017 due to a controversial consumer boycott.
Local sales in franchise restaurant group Spur Corporation have dropped because of deteriorating economic conditions, while sales in its international restaurants have picked up.
A black-owned holding company with investments and operations in the gaming and leisure industry has bought more than 3 million shares in Spur Corporation.
Spur Corporation says CCTV footage shows that a man who verbally abused a woman in one of its Johannesburg restaurants had grabbed her child in an aggressive manner.
Spur Corporation has delivered what it terms another robust trading performance in the year to June 2016 as total restaurant sales grew by 12.9% to R6.97bn.
The Spur Corporation is set to acquire the majority stake in a new niche brand with an American rock ambience.
The Spur group is to acquire 60% of Cappuccino's, a cafe and pizza franchise.
Western CapeTruly ExperiencesR35 000.00 - R50 000.00 Per Month
Cape TownStar Personnel Recruitment (Pty) Ltd
R 5 525 000
R 4 850 000
R 5 300 000
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