Vivo Energy acquires KFC Franchise
Tuesday, November 07, 2017
The new owners plan to open more KFC outlets at Shell service stations
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.
It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...