Business coalition meets government to continue joint collaboration
CEOs from over 150 of South Africa’s leading corporations who signed a pledge a year ago underpinning their collective belief in South Africa, and their determination to assist in realising its potential held a meeting with President Cyril Ramaphosa and his Cabinet members for the first time since the GNU was formed. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus on transformation. www.fasa.co.za …
Pret A Manger is coming to South Africa – Offering freshly made food & organic coffee
Acclaimed fresh food and coffee chain Pret A Manger is coming to South Africa. With a massive global footprint, Pret is famous for its freshly prepared food and organic coffee. This is the brand’s first foray on the African continent. It currently operates around 650 shops in 18 countries. There are already significant expansion plans earmarked for South Africa over the next 10 years. Last week, the Millat Group signed a landmark development agreement with Pret A Manger, giving Millat the exclusive licence to operate Pret shops in Southern Africa. This deal follows Millat bringing forecourt convenience store brand Circle …
Why some South African franchise brands fail in other African markets
With the rise of the middle class in Africa, consumer food tastes have changed dramatically in the cities. Restaurant entrepreneurs willing to invest in the restaurant space have partnered with South African franchisors to establish foreign restaurant brands in the market. The South African brand franchisors have sought to expand in these once untapped African markets opening up international restaurant brands in the cosmopolitan cities north of Africa. Sam KayongoSam Kayongo, a franchise development consultant has worked as a QSR consultant with locally owned chains for the past fifteen years. Earlier in his service career, he worked with Simba Telecom and MTN franchisee retailer …
CEOs from over 115 companies pledge to building the country
CEOs from over 115 of South Africa’s leading corporations have signed a pledge underpinning their collective belief in South Africa, and their determination to assist in realising its potential. The pledge states: “As South African business leaders, we firmly believe in the immense potential of our country. We are committed to building it and have come together to address the current challenges with the aim of achieving sustainable, inclusive economic growth. Through strategic partnerships and focused interventions, we have the power to make a significant and positive impact on our nation, creating hope for all South Africans. We are resolutely committed …
Franchising can assist in reducing the unemployment rate in South Africa
South Africa has a huge unemployment issue that is growing not shrinking The official unemployment figure stands at 32,9% of the population – those willing and able to work are unemployed but we believe unofficially it is a lot higher. The problem is particularly bad amongst the youth. We look at various options in the country to reduce the unemployment rate by developing individuals and securing or finding employment solutions. i.e. 15 to 24 years old: 63.9% are unemployed and there are 10 000 000 people in the category. It grows every year as school leavers and even tertiary graduates …
RECIPE FOR SUCCESS: Singapore & Asia Food Fair 2023 comes to SA
Though hit hard by the recent pandemic and to a certain extent by the ongoing Russia-Ukraine Conflict, the global food service sector finds itself in turbulent waters as it navigates the evolving business climate of 2023 and beyond. However, all is not doom and gloom. Asia has a diverse and rapidly growing consumer market that is increasingly interested in global and Western-style food and dining experiences, making it an attractive region for food and beverage franchising. With McDonald’s, 7-Eleven and KFC leading the pack in franchising, it is no secret that the franchising model is one of the most effective …
International Canadian Academy expands into South Africa
ICA contracted with Franchise Fundi to expand its presence in Africa. The goal is to recruit a master franchisee to offer Canadian education methodologies in South Africa. The International Canadian Academy (ICA) identifies South Africa as one key country to offer its franchise and aims to operate through master franchisees. “Canada has been a top destination for international students for a long time. Now we are bringing Canadian education methodologies to other countries.” says Mr. Stéphane Vermeulin, Executive Manager of ICA. Anita du ToitAnita du Toit is the Founder and Franchise Development Consultant at Franchise Fundi. She has more than …
Township Economy is Alive and Well in South Africa
FASA’s commitment to taking the franchise model into all sectors through an initiative with Inani and the Services Seta speaks to contributing to the upliftment of communities around the country. To this end, a key survey on township economy in South Africa by marketing strategists Roger Wilco lends credence to the potential that lies in the township economy. Their 2022 Township CX Report continues the momentum from their 2021 inaugural report by aiming to plug the gap with data collected from the very source – township and informal settlement residents. According to the report, the vibrant, culture-rich Township Economy is …
Franchising to open up transformation opportunities
The future of the automotive sector also lies in transformation opportunities, according to Frans van der Colff, Faculty and Executive Fellow at Henley Business School and a speaker at the Eastern Cape Auto Franchise Indaba, and franchising should be at the heart of it. “What is needed is collaboration from both the private and public sectors to make it happen. The franchise business model gives the skills training and knowledge as well a tried and tested model to facilitate transformation. The guidance and mentorship that is inherent in the duplication system of franchising makes it much easier to establish new …
Africa franchise report: A study of franchising in Africa
At FASA’s 2021 Conference, The African Export-Import Bank (Afreximbank), a pan-African multilateral financial institution established in 1993, gave their initial findings on a market study on the franchising sector in Africa, and have now published their final research findings. Afreximbank, under the Create and Connect pillars of its Intra-African Trade Strategy, has prioritised franchising as a critical instrument to unlock opportunities for entrepreneurs, especially small and medium enterprises (SMEs) that are seeking new business ventures on the African continent. FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South Africa with specific focus …
Transforming Africa through franchising
“We live on a continent with 1.4 billion people, the 2nd fastest growing economy as a continent in the world with many opportunities. There are no other opportunities in the world like in Africa. It is the place to invest but it has to be done properly and franchising has all the elements in place for that to happen.” That is the opinion of Frans van der Colff, MD of VDC Consulting and Faculty and Executive Fellow at Henley Business School – Africa FASA Franchise Association South AfricaTo protect, lobby, promote and develop ethical franchising across all sectors in South …
Mobile Pet Grooming Franchise Opportunity with Divine Pooches
It is no secret that South Africans are animal lovers and more than 90% of pet owners believe having a pet benefits their family’s wellbeing. “Hi all, my name is Deon Lombard, founder of Divine Pooches Mobile Doggy Parlour, pet grooming. After enough struggles finding a trustworthy pet grooming service to assist us with our own pets at home, my wife and I decided to assist the pets in the West Rand area with professional mobile grooming services. It has been quite a challenge, and a lot of effort has been put into making this service, function properly. Having pets …
South Africa Springboard to franchising in Africa
The Franchise Association in South Africa (FASA), a long-standing member of the World Franchise Council and the oldest and most established Franchise Association on the African continent, has spearheaded growth into the rest of Africa with the establishment of the Pan African Franchise Federation. The inaugural meeting, held in 2013, was attended by delegations from Egypt, Ethiopia, Mauritius, Tanzania and Nigeria and is held each year alongside the International Franchise & Entrepreneurs Expo (IFE 2013) held in Johannesburg, South Africa. According to Vera Valasis, Executive Director of FASA, the time is right to bring African countries together to explore the …
Growth of franchising in South Africa
Franchising in Africa as a whole has a long way to go to becoming a primary business format but South Africa has enjoyed franchise success since the early 1960’s and leads the way in franchise development in Africa. FASA has represented the interests and growth of franchising in South Africa for the past 33 years in South Africa and plays an important role in fostering entrepreneurship, in the transfer of skills and in job creation. Many well-known South African franchise brands have established themselves in other countries in Africa and abroad. FASA plays a guiding role in advising other African …
South Africa leads the way in franchising
As franchising becomes saturated in developed countries, the emerging markets like the Far East, China, India, South America, Eastern Europe and Africa become fertile grounds for franchising to take root. FASA has spent many years making sure that the international franchise community is cognisant of the potential that lies within South Africa. As the future frontier of franchising, Africa and in particular South Africa needs to stand up and be counted. It is a recognised fact that South Africa is the springboard for potentially explosive growth into Africa and the stark reality is that the broader African economies cannot …
The Facts on Franchising
Following a presidential summit on job creation between the South African government and Business Unity SA (BUSA) and taking into account Finance Minister Pravin Gordhan’s reference in his 2011 budget speech to the fact that 68% of private-sector employment was provided by small business with less than 50 employees, FASA would like this vital area of business to be included in government’s forward planning and given more support. With only 17 business sectors benefiting from franchised systems in South Africa, compared to between 25 and 50 in countries like the USA, the UK, Australia and Brazil, there is ample room …