VPB sells KFC franchise
Friday, November 20, 2015
Offloading: The KFC franchise in Botswana will soon have a new owner
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.
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...