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Sale of KFC franchise back on track

Up for grabs: At least 9 firms have been shortlisted to buy the KFC franchise
Up for grabs: At least 9 firms have been shortlisted to buy the KFC franchise

The sale of the KFC franchise in Botswana is back on track after the former franchisee VPB Propco withdrew an appeal against a judgement that placed the company under final liquidation.

KFC was placed under final liquidation by the High Court in September last year but the process to sell the franchise was stalled after VPB proprietor Anthony Siwawa lodged an appeal against the judgement.

KFC liquidator Nigel Dixon-Warren of KPMG told BusinessWeek on Wednesday that following the withdrawal of the appeal, they have now shortlisted nine companies from Botswana and outside.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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