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.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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