VPB sells KFC franchise

Offloading: The KFC franchise in Botswana will soon have a new owner
Offloading: The KFC franchise in Botswana will soon have a new owner

VPB Propco (Pty) Ltd, the company that owns the local Kentucky Fried Chicken (KFC) franchise, is selling the fast food operations in Botswana together with all its assets to a South African firm.

According to a statement by Competition Authority (CA), they have received a merger notice on the proposed acquisition of the operation of KFC restaurants by South Africa’s Callus (Pty) Ltd.

“Callus will acquire the operations of the KFC franchise restaurants in Botswana, operating under the trade name KFC Botswana together with all assets related to the operation of the KFC franchise stores,” reads part of the statement.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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