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 SOUTH AFRICA
FRANCHISE NEWS ARCHIVE
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: : Jan-Jun 2004
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Acutts takes on learners. Real estate group Acutts
has taken on 16 black learners in various franchises throughout the
greater Durban area. .... [more]
30 Jun, 2004
SA's 7-Eleven stores founder dies in Athens. George
Hadjidakis, the colourful and controversial founder of the 7-Eleven
chain of extended-hours stores in SA and long-time owner of soccer
club Hellenic, died suddenly in Athens last Friday at the age of 58.
.... [more]
29 Jun, 2004
Shareholders say yes to Metcash sale. Metro Cash &
Carry (Metcash) had won majority shareholder approval for the sale
of the company, excluding its Australian interests, for R1.3 billion.
.... [more]
23 Jun, 2004
Small business sector disillusioned with its bigger brother.
Small business enterprises in SA still feel that big companies are
dragging their feet on helping their smaller counterparts to grow.
.... [more]
23 Jun, 2004
Midas targets growth in its franchising network by expanding
into the townships. Midas, the automotive parts distributor
and franchiser that last month signed co-operation agreements with
leading taxi associations, was targeting growth in its franchise network
through expansion into townships. .... [more]
14 Jun, 2004
Mugg & Bean to peddle caffeine fix to foreigners. Coffee-themed
restaurant group Mugg & Bean, which recorded a turnover of just
under R200 million in its last financial year, recently extended its
foray into the international marketplace with the opening of its first
UK outlet. .... [more]
14 Jun, 2004
Former boss of O'Hagan's chain is back. Controversial
businessman and former O'Hagan's Investment Holdings CEO Basil O'Hagan
has re-emerged on the franchised Irish-themed pub scene. .... [more]
11 Jun, 2004
Pam Golding eyes country market. In response to what
it has identified as increasing demand among city dwellers for a country
lifestyle, Pam Golding Properties has opened six new offices in recent
months in the central regions of South Africa. .... [more]
11 Jun, 2004
The scramble for pizza. It's no great surprise when
SA exports gold, or wine or flowers, as these are products for which
we are well known. But pizzas? .... [more]
9 Jun, 2004
Letting franchise in black hands. National residential
rental franchise Just Letting yesterday announced the launch of its
first black-owned franchise in the Johannesburg central business district.
.... [more]
2 Jun, 2004
Kingco cuts its losses in dramatic fashion. Food group
King Consolidated Holdings, which owns the Mike's Kitchen and Keg
franchises, cut its losses dramatically in the year to February despite
revenue falling by R1.8 million to R203 million. .... [more]
28 May, 2004
Ruiters spells out DTI vision. Trade and Industry director
general Alistair Ruiters has spelt out his department's strategic
planning vision for the period 2004 to 2007, including the launch
of a micro-credit fund and new legislation to promote franchising.
.... [more]
26 May, 2004
Midas strikes deal with leading taxi groups. Automotive
parts distributor and franchisor the Midas Group has signed a co-operation agreement
with leading taxi associations that could see its number of franchises double
in the next two to three years from 300 outlets at present. .... [more]
25 May, 2004
Col'Cacchio on niche' pizza trail. Col'Cacchio
Pizzeria, a new pizza franchise, is expanding in Gauteng and aims for 15 top-end
outlets nationally and turnover of R60m within two-and-a-half years. .... [more]
19 May, 2004
Eskel Jawitz to launch development unit. Eskel
Jawitz Real Estate, the residential property company, is to launch a development
division and change its name to Jawitz Properties. .... [more]
19 May, 2004
Famous Brands steers its way to top franchise spot.
Famous Brands, formerly Steers Holdings, more than doubled its number of fast
food outlets this year, making it the largest franchiser in Africa. .... [more]
18 May, 2004
Woolworths pops out iSentials pilot outlets in Western
Cape. Woolworths pilot iSentials stores in the Western Cape are rapidly
rolling out at a rate of one every two weeks. .... [more]
14 May, 2004
Fast food franchisers defend national pricing system.
Fast food franchisers are adamant they have not flouted the Competition Act
and have defended national pricing as part of a brand offering. .... [more]
14 May, 2004
Tiger Brands to list its star performer Spar. Retail
franchise Spar would be unbundled from its parent and listed on the JSE Securities
Exchange this year, the food and drug heavyweight, Tiger Brands, said yesterday.
.... [more]
14 May, 2004
Price fixing not allowed in any franchise. Any
franchise business, including vehicle dealerships and fast-food outlets, would
be guilty of contravening the Competition Act if it prescribed minimum retail
prices for the products sold by the franchisees, the competition commission has
confirmed. .... [more]
12 May, 2004
Social franchises to improve services. Social
franchising is about to hit SA, and poor communities will be able to benefit from
improved service delivery. .... [more]
10 May, 2004
Hands-on careers. This week, the International
Franchise Expo at the Sandton Convention Centre showcased franchise concepts,
ranging from the innovative to the bizarre. .... [more]
9 May, 2004
Franchising law on the way. Government aims
to have franchise legislation in place before the end of the year to protect franchisees'
rights and promote the industry as part of the small-business sector. .... [more]
6 May, 2004
Franchises turn over R129.2bn a year in SA. South
Africa's 391 franchises turn over R129.2 billion a year and contribute nearly
11 percent to the country's gross domestic product, a census commissioned by the
department of trade and industry (dti) has shown. .... [more]
5 May, 2004
Khula, Shoprite plan OK franchises. Supermarket
group Shoprite Holdings and financier Khula Enterprise Finance have teamed up
to help aspiring entrepreneurs set up franchises under Shoprite's OK brand. ....
[more]
30 Apr, 2004
Clicks enjoys healthy results from pharmacy debut.
The performance of the five new Clicks pharmacies in their first six weeks of
trading has been encouraging, health and lifestyle retail group New Clicks Holdings
said yesterday. .... [more]
23 Apr, 2004
Pick 'n Pay expects better earnings. Group
says Australian venture breaks even, but expansion of Score chain in SA proves
expensive. .... [more]
20 Apr, 2004
Optical Firms See Red On Rules. Regulations
set by the Healthcare Professions Council of SA (HPCSA) at the end of last year
have optical companies up in arms. .... [more]
19 Apr, 2004
Unilever aims to clean up in dry-cleaning.
Unilever Advanced Dry Cleaners, which will launch this week in KwaZulu-Natal,
aims to capture 20 percent of the estimated R1.5 billion South African dry-cleaning
market by next year. .... [more]
19 Apr, 2004
Woolies finally gets down to the essentials. Woolworths
has opened the first two of a range of value food stores which it hopes to franchise
later as part of a Black Economic Empowerment drive. .... [more]
18 Apr, 2004
HäagenDazs seeks upmarket cafe sites. General
Mills, the owner of Pillsbury Brands Africa, is looking at possible sites in Johannesburg
where it could open Häagen-Dazs ice-cream cafés. .... [more]
16 Apr, 2004
No-frills stores to offer shoppers maximum savings.
SA's big retailers are introducing local shoppers to the nofrills suburban discount
store that has been hugely successful all over the world for Germanfounded group
Aldi. .... [more]
6 Apr, 2004
Overseas? Bean there, doing that. The Mugg &
Bean restaurant chain has become a familiar sight in SA's malls, and the brand
is now being exported to Europe and the Middle East. .... [more]
5 Apr, 2004
Ola gets its slice of the ice cream cake. Ice
cream is big business. In South Africa the market for ice lollies, soft serve
and tubs is worth over R1 billion and Ola, a Unilever subsidiary, is making sure
it gets its slice of the ice cream cake. .... [more]
31 Mar, 2004
Woolworths rolls out pilot iSentials store in Cape
Town. Woolworths opens the first pilot store of its iSentials venture
here in the suburb of Parklands North today. .... [more]
29 Mar, 2004
Tourvest looks to wrap up Sure deal. Tourvest
Investment, an investment holding company that conducts tourism business, said
yesterday it hoped to complete its acquisition of Sure Holdings before the end
of the group's financial year this June. .... [more]
26 Mar, 2004
7-Eleven ordered to quit store. Franchise chain
7-Eleven has been ordered by the Cape High Court to vacate a Brackenfell store
premises following allegations that it had illegally occupied the ground floor
of the building since April last year. .... [more]
25 Mar, 2004
Sure Travel franchisees to decide on Tourvest bid.
Franchise holders in the unlisted Sure Travel group have until noon today to decide
whether to agree to a takeover bid by listed tourism group Tourvest. .... [more]
19 Mar, 2004
Coffee house habit beginning to stir SA's urban middle
classes. Franchised chains benefit from a brand that consumers trust,
and from constant pressure to find new revenue streams. .... [more]
17 Mar, 2004
Tiger may take Spar into India. Spar South
Africa, wholly owned by Tiger Brands, might find a home for itself in the small
retail culture of emerging market giant India. .... [more]
17 Mar, 2004
The many facets of franchising. Local restaurant
chain Spur's expansion philosophy did not work for the Voice Clinic. .... [more]
1 Mar, 2004
Shoprite has eye on India, with R1,6bn to spend.
Shoprite Holdings' cash pile of R1,6bn could easily be absorbed by the "tremendous
opportunities" it sees for expanding its operations outside SA, particularly
in India. .... [more]
18 Feb, 2004
Woolworths retreats from global expansion.
Clothing, textiles and food retailer Woolworths Holdings had pulled back on expansion
of its international franchise operations owing to the strength of the rand. ....
[more]
13 Feb, 2004
Steers Holdings proposes new name for broad family
of brands. Steers will still be the joint on the corner selling burgers
but Steers Holdings management yesterday put out a proposal to rename the holding
company, calling it Famous Brands instead. .... [more]
12 Feb, 2004
Youth fund's investments take root. The Business
Partners-Umsobomvu Franchise Fund has approved R15m worth of investments of which
R6,6m has already been advanced to young entrepreneurs since the inception of
the fund last year. .... [more]
4 Feb, 2004
Spur profit boils while prices simmer. Spur
Corporation's strong performance was due to it not imposing annual price increases
last year - the first time in 36 years - because of low inflation and a low cost
base. .... [more]
30 Jan, 2004
New 7-Eleven 'lease' option. More than 200
people gathered at the head office of the 7-Eleven convenience store group at
Epping at the weekend to hear about the company's plan to franchise stores on
a "lease" basis. .... [more]
29 Jan, 2004
Connection Group buys photo stores. Technology
retailer Connection Group has acted on its ambition to buy out smaller retail
chains selling complementary products with a R32m move to acquire 16 photographic
stores. .... [more]
28 Jan, 2004
New Clicks swaps focus. The focus of specialist
retail group New Clicks had shifted from "a little less dreaming" to
one of delivery and financial performance, chairman David Nurek said at the annual
meeting yesterday. .... [more]
27 Jan, 2004
NIA, Scorpions take aim at Skonkwane. The Scorpions
crime-fighting unit, which is probing the collapse of hardware franchise DNA Skonkwane,
has held "high-level" discussions with liquidator Enver Motala. ....
[more]
26 Jan, 2004
Hertz SA hopes deal will be soon concluded. Car-hire
company Hertz SA expects to have a new majority shareholder by the end of March
in the form of an empowerment group. .... [more]
22 Jan, 2004
PostNet to curb delivery of illegal substances.
Courier company PostNet announced today that it has introduced a system to minimise
the risk of its service from being used to deliver illegal substances. .... [more]
20 Jan, 2004
Skonkwane boss says he erred by switching cash .
Swazi businessman Jim McSeveney has conceded for the first time that he behaved
wrongly by moving money between franchisee accounts of failed building franchise
DNA-Skonkwane. .... [more]
19 Jan, 2004
Ruling on 7-Eleven franchise dispute highlights trust
issue. Last week's judgment in the case involving retail chain 7-Eleven
Corporation does not mean that franchisors will in future have to pass on all
rebates to franchisees but it does emphasise the need for clarity over discounts
and rebates and maintaining a good relationship between franchisor and franchisees.
.... [more]
16 Jan, 2004
Victory for Seven-11 franchisees. There were
scenes of jubilation and tears of joy on the steps of the Cape High Court on Wednesday,
when a group of Seven-11 franchisees celebrated a judgement effectively holding
the mother corporation liable for about R50-million in claims. .... [more]
8 Jan, 2004
We are not liable, says Metcash. Metro Cash
and Carry (Metcash) was not liable to pay the approximately R50 million that 70
franchisees intended to claim against Seven Eleven Corporation, following a successful
judgment against the firm in the Cape high court yesterday. .... [more]
8 Jan, 2004
Woolworths boosts sales. Retailer Woolworths
(WHL) said on Thursday that its operating group increased sales for the six months
from July to December 2003 by 13.7% compared to the same period last year. ....
[more]
8 Jan, 2004
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