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Big cash for burgers, doughnuts and ice cream

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The company that owns the local licences to Burger King, Dunkin’ Donuts and Baskin-Robbins is looking to invest R1 billion across all three brands and this could result in the creation of more than 10 000 jobs.

Alan Keet, CEO of Grand Foods, which is the food company owned by Grand Parade Investments, said during an interview this week that by June next year the company would have spent R700 million on setting up Burger King in South Africa.

On the other hand, Grand Parade is planning to spend R200 million on Dunkin’ Donuts and opened the first store of the brand this month in Goodwood, Cape Town.

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