The board and members of the Franchise Association of South Africa (FASA) extend their deepest condolences to the family and colleagues of Pierre Van Tonder on his passing. His contribution to franchising as CEO of the Spur Group for 24 years and to the franchise association and the broader franchise community was extensive and he will be missed and fondly remembered.
As the leading franchise association on the African continent, the Franchise Association of South Africa (FASA) and Absa is staging its virtual recovery business network and educational conference for franchise owners, franchisees, start-ups, entrepreneurs, potential franchises and the public. Assisting with international speakers and mediating will be Elana Koral of Franchise Coaches and Sean Goldsmith of Groe Global.
As the coronavirus pandemic continues to create uncertainty with our lives and livelihoods, more consumers are choosing to purchase pre-owned vehicles rather than new in order to save money under a shaky economy, rising household expenses and unstable work environments.
During lockdown level 5 and 4, H2O | BWT was listed as an essential service which permitted franchisees to stay open supplying much-needed drinking water. But like most businesses, sales figures took strain due to lockdown regulations resulting in decreased foot traffic. On a positive note, the brand worked hard to increase awareness around the importance of good water quality, stimulating demand in the Home and Office sector. Focus was placed on the online store as well as a more innovative approach to their loyal water customers, from advice all the way through to home deliveries. The company ensured that they could be of service to their consumers while they remained safely at home.
PIRTEK worldwide offers hydraulic hose replacement and industrial hose repair services with onsite mobile and service centres in 23 countries and globally operates over 450 franchises. In Africa PIRTEK has a presence in 9 countries, including South Africa, Zimbabwe, Lesotho, DRC, Tanzania, Kenya, Nigeria, Mali, Zambia and Mozambique.
The Consumer Protection Act (“the CPA”) contains several mechanisms that consumers can use to enforce their rights against suppliers in relation to defective products or substandard services. Amongst these, section 82 of the CPA empowers the Minister of Trade and Industry to prescribe an industry code:
The news that listed group Italtile expects its full-year earnings to surge by 70 percent, boosted by a high demand for its products and an 18.5 percent increase in total retail store sales makes anyone reading this during the pandemic do a double take… is that at all possible?
The manufacturer, franchisor (franchise brands Italtile Retail, CTM, TopT & U-Light) and retailer of tiles, bathroom ware and other related home-finishing products attributed the robust performance to an improvement in in-stock levels as it built up inventory depleted due to unexpectedly high demand driven by the home improvement surge.
The theme of this event is finding suppliers and recruiting franchisees and the supply chain. Inviting both Proudly SA and Inani to have the spotlight for this online networking event. If you are looking to recruit staff or looking to take on aspiring franchisees Inani has options you can explore. And Ceo, Eustace Mashimbye will present Proudly SA’s Buy Local campaign and the availability of high quality local manufacturers that are available to franchisors/franchisees from a supplier perspective.