Famous Brands' former CEO dumps almost R45m in shares in five months

2019-11-01 17:11

John Halamandres, former CEO of Famous Brands and who now serves as a non-executive director disposed of 500 000 shares, almost R45m, so far to settle a loan.

'Racist' curry stunt sparks outrage against Steers and Wimpy sister chain

2018-10-19 12:21

The campaign featured a white man shouting outside Indian restaurants.

Famous Brands expecting to dish up strong results

2018-08-17 11:35

Despite challenging trading conditions and having to recall ready-to-eat meat products from its outlets earlier in the year, Famous Brands is expecting to release positive results at the end of August.

Famous Brands CEO: There are no green shoots in the UK

2017-10-31 07:59

Famous Brands, which bought the UK’s Gourmet Burger Kitchen chain months after Brexit, said it sees difficult trading conditions persisting for at least the next year and a half.

Famous Brands profits soar amid M&A spree

2016-10-24 07:57

Famous Brands has reported a 71% increase in headline earnings per share, as the company continued to build capacity amid its merger and acquisition spree.

Why your Steers burger is making farming cool again

2016-07-06 13:51

Famous Brands guru Kevin Hedderwick says a strategy that is boosting agricultural jobs is "not rocket science... it just makes good business sense".

Fresh risks for Africa's fast food firms

2016-01-06 11:21

Fast food companies in Africa face new risks, ranging from looming high prices to job losses in key markets as well as health concerns.

Fast food operator to list on Zim bourse

2015-10-13 16:30

Simbisa Brands Limited, which owns, operates and franchises the intellectual property rights of brands including Steers, is to list on the Zimbabwe Stock Exchange.

SA burger chain Steers to open in UK

2013-06-19 08:15

As locals queue for Burger King, South African burger franchise Steers is set to open in London - but some expats are asking themselves, "Why?".


Famous Brands expects spike in half-year earnings after Gourmet Burger Kitchen knock

2019-10-04 14:32

Owner of food franchises Debonairs and Steers, Famous Brands, expects its earnings to improve by more than 100% for the six months ended August 31, 2019.

Famous Brands takes knock on profit warning

2018-05-17 11:03

The Famous Brands share price has taken a knock after the owner of Steers and Debonairs said it expects a weaker financial performance for the year to end-February.

What next for Steers owner after buying spree?

2017-05-30 07:13

Africa’s largest branded food services franchisor has put its focus back on its winning outlets, following an acquisition spree which saw the company buy seven new firms.

The secret sauce to Steers owners’ growth recipe

2016-07-10 13:06

While SA companies suffer in an almost 0% growth environment, its biggest fast-food restaurant chain is battling to contain its excitement for the future of its business.

Steers owners score their own tomato paste factory at a bargain

2016-07-04 09:41

Famous Brands has bought a bankrupt tomato paste manufacturing plant in the Coega precinct at a significantly discounted purchase price, it has announced.

Famous Brands CEO to retire in February

2015-12-01 19:52

Famous Brands CEO Kevin Hedderwick has announced his retirement after 16 years of service to a company that owns brands like Steers, Mugg & Bean and Wimpy.

Steers in ad row over macon burger

2014-04-30 17:14

A woman has laid a complaint against Steers over its macon burger advertising, claiming it is misleading and violates religious beliefs.

More companies revamp corporate identities

2011-08-28 09:37

Several companies are in the process of brushing up their corporate identities to remain appealing to consumers in a difficult economic environment.

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