New KFC owner ordered to procure locally

KFC is set to have a new owner
KFC is set to have a new owner

The Competition Authority (CA) has told a South African Firm, Callus (Pty) Ltd, which intends to acquire the local KFC franchise to continue sourcing their products locally and ensure that there will be no job losses during the takeover.

The Authority said this during the approval of Callus’ proposed acquisition of all KFC restaurants in the country, which were previously owned by VPB Propco together with all its assets, related to operation of KFC franchise stores.

“Callus will continue sourcing from the same suppliers that were engaged by VPB and are YUM Restaurants International (Pty) Ltd accredited as well as consider sourcing from any other YUM accredited suppliers based in Botswana,” reads part of the Authority’s statement

Editor's Comment
Watch your tongue Mr President

While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...

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