Here’s what it costs to buy into some of SA’s hottest franchises: Sorbet, Universal Paints, and Kids Emporium

2019-06-18 06:30

To start up a Universal Paints outlet you're going to need R2 million in cash to hand. For Kids Emporium the bar is lower, and different Sorbet flavours range in price.

Ferial Haffajee: Managed by blacks, owned by whites

2019-04-12 05:00

Supporting franchises is an excellent way to get skilled black businesspeople over the capital barrier, says Ferial Haffajee.

Blacksteer went cheap shisanyama for a while, but new owners say it will get back to the best burgers and ribs again

2018-07-20 06:06

The 55-year-old chain faced extinction twice recently, but two brothers plan to build a new franchise empire around it, along with their own brand Yami, and maybe a Mike's Kitchen or two.

Business as usual for franchisees after Melissa's liquidation

2018-05-30 06:13

Nothing will change for Melissa's food stores countrywide, as the concept will continue under different names and only the shops still owned by head office have been liquidated, a franchisee has told Fin24.

Mike's Kitchen gateway into SA, Africa for US investment company

2018-01-11 06:00

South African family restaurant chain Mike’s Kitchen has been bought by US-based NRD Capital.

Spur founder sells his shares for R100m

2017-05-09 18:36

Spur Corporation has announced that its executive chair and founder Allen Ambor has sold his 3 099 176 ordinary shares in the company.

McDonald's CEO looks back on 21 years in SA

2016-11-08 19:16

McDonald's SA CEO Greg Solomon speaks to Fin24 about the fast food market as the company celebrates its 21st birthday.

Dunkin' Donuts ready to hit SA taste buds

2016-10-11 20:07

The first Dunkin' Donuts in South Africa is set to open its doors in Cape Town this week.

Why CEO arrest doesn't impact Geffen/Sotheby's

2016-08-23 18:19

Jason Rohde, CEO of Geffen International Realty Franchises, who was arrested after the death of his wife, was never the "public face" of the company.

Franchising offers chance to be your own boss

2016-04-11 14:28

Despite the economic downturn, the franchise sector continues to grow and outpaces growth in other business sectors.


Here’s how much it costs to open a Vida, Mugg & Bean or Bootlegger coffee shop

2019-05-04 09:20

You'll have to have a minimum of R1 million up front, preferably in cash.

Spur plans to dish up more restaurants on the back of increased sales

2019-03-01 11:48

Belts may be tightened across SA, but it's not only due to a tough economic climate – fast foods are going down well too. Spur's group revenue increased by 5.3% to R370.2m in the six months ended December 31, 2018, the corporation said on Thursday.

Chesanyama's owner didn’t pay its taxes last year – but has high hopes for its new Brazilian, US, and French chains

2018-07-03 05:34

Its auditors are cautious about its ability to stay in business, but fast food group Gold Brands says the future is bright, thanks to new concepts it is importing from the UK.

Tax Court decision good news for franchise operators

2017-11-16 17:23

The Tax Court upheld that a special, and mostly under-utilised tax deduction allowed by section 24C of the Income Tax Act, may be applied to franchisee costs.

UK franchise Las Iguanas heading to SA

2017-04-18 17:25

Gold Brands, the only listed fast-food retail company on the JSE AltX, is bringing Las Iguanas to South Africa.

Franchise sector resilient despite SA economy

2016-10-20 12:46

Despite the downturn in the SA economy, the local franchise industry continues to grow - although not at the same pace seen in previous years, a survey shows.

Fournews acquires share in Portuguese brands

2016-09-20 16:13

Franchise group Fournews has acquired a significant share in the Calisto’s Portuguese Restaurant and Senhor Calisto’s fast food outlets.

Pave way to franchise success - McDonald's CEO

2016-04-19 17:38

Successful franchising needs a solid relationship between franchisor and franchisee, says McDonald's SA CEO Greg Solomon.

Kids Emporium set to open UK store

2016-03-23 17:54

South African retailer Kids Emporium is set to open in the UK, in the upmarket Angels Gate shopping district in Guildford.

Lockdown For
Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.