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Shreenal Ruparelia appointed new MD of Jumia Food

Online food delivery company, Jumia Food, has appointed Shreenal Ruparelia as its new managing director...

1 day ago

#SACSCCongress: The artisanal food revolution and the modern retail space

Retail futurist Howard Saunders discusses some of the shifts in consumer mindset and retail brand innovation...

By Lauren Hartzenberg 14 Sep 2017

#MediaAlert! Windhoek Beer and Jupiter part ways

The Windhoek Beer account is out to pitch after parting ways with advertising agency, The Jupiter Drawing Room Cape Town...

31 Aug 2017

Asia's Ebola fears cause tour cancellations

The Minister of Communications, Faith Muthambi, says South Africa's tourism sector is not under threat from the Ebola Virus Disease even though a number of Asian visitors have cancelled planned trips to this country.

20 Aug 2014

Sun International sells some African assets

Sun International says it will sell a portion of its interests in its African assets to a foreign subsidiary of Thailand-listed Minor International Public Co (Mint) for R664m.

19 Aug 2014

Grand Parade ups its stake in Mac Brothers

Grand Parade, the company responsible for bringing Burger King to SA‚ said it bought a further 32.9% stake in Mac Brothers for R42,79 million‚ to achieve cost efficiencies and gain greater access to the African markets.

20 May 2014

Famous Brands revenue up 12%, expands further in Africa

Famous Brands, which owns Steers‚ Wimpy and Debonairs, plans to open 243 new restaurants in the coming year after reporting record turnover and profit for the year. It is also planning to enter Angola and Ghana.

By Zeenat Moorad 20 May 2014

Famous Brands half-year earnings up 20% to 180c

Fast food group Famous Brands reported a 20% increase in headline earnings per share to 180c for the six months to August.

29 Oct 2013

Quick meals for Africa

In SA, Famous Brands produces 265,000 cups of specially blended coffee a day. With 2,175 restaurants, the company, whose brands include Wimpy, Steers and Mugg & Bean, also makes 77m ice-cream cones a year. It's the big daddy of SA franchising, with a R9,7bn market capitalisation, and it wants to repeat its local success in the rest of Africa.

By Zeenat Moorad 16 Sep 2013

City Lodge Hotels dividend up 31% to 351c

City Lodge Hotels‚ which has "refreshed" its branding to better differentiate its four brands and reflect its ongoing enhancements and modernisation‚ increased average occupancies by three percentage points to 62% in the 12 months to June‚ underpinning a revenue increase of 11% to R975.9m and a 32% rise in normalised headline earnings to R252.2m.

15 Aug 2013

Protea expands its Lusaka hotel

In response to the rapidly growing demand for business accommodation in Zambia‚ Protea Hospitality Group said on Monday (15 July) it was significantly expanding its Protea Hotel in Lusaka as part of its African expansion drive.

By Nick Hedley 16 Jul 2013

Tourism growth outlook looks strong

Auditing firm PwC on Thursday (13 June) projected total room revenue in SA would grow at a compound annual rate of 9.2% between now and 2017 after overall spending on rooms in all categories rose by 13.4% in 2012 to R15.2bn‚ reflecting an increase in stay-unit nights and a 5.3% rise in the average room rate.

By Helmo Preuss 14 Jun 2013

Hilton plans to boost African presence

Hilton Worldwide has expanded its product offering in SA over the past six months and the US-based group intends to increase its presence in Africa‚ according to vice-president of operations for Africa and the Indian Ocean‚ Jan van der Putten.

16 May 2013

Ghana to get Vida e Caffé stores

What the Cape Town Vida e Caffé franchise calls its "big push this year" will see the operation exporting its concept coffee shops to Ghana.

By Zeenat Moorad 30 Apr 2013

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