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
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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