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
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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