Vivo Energy acquires KFC Franchise

The new owners plan to open more KFC outlets at Shell service stations
The new owners plan to open more KFC outlets at Shell service stations

A company jointly owned by Vivo Energy and a South African KFC Franchise operator has emerged as the winning bidder for KFC Botswana, bringing to an the end an 18 month-long liquidation process of the local fast food chain.

The KFC Botswana portfolio, which consists of 12 restaurants, was placed under liquidation in June 2016, after the company failed to service its debts and creditors led by FNBB filed for the company to be liquidated.

Mmegi Business yesterday established that Baobab Energy Botswana - a joint venture company between Vivo Energy and Baobab South Africa, will take control of the assets and operations of KFC Botswana from the liquidator, Nigel Dixon-Warren.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

Have a Story? Send Us a tip
arrow up