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July 2024 News Bulletin
Our News Bulletin is proudly sponsored by
Franchise Services
SA Franchise Brands has aligned itself with strategic partners to provide specific services relevant to Franchisors, Franchisees and Suppliers and Service providers to the franchise industry.
The term “franchise loyalty program divide” refers to the gap between franchises that have well-established, effective loyalty programs and those that either lack such programs or have ineffective
ones.
Few brand names resonate as vibrantly in South Africa as Nando’s. The peri-peri chicken chain’s origins trace back to a meal between two friends at a restaurant in Johannesburg in 1987.
‘Franchisee satisfaction and engagement are critical for the success and sustainability of any franchise system,’ says Cashbuild divisional director, Mimi Masala.
The Franchise Association of South Africa (FASA), for the past two years has worked tirelessly with different stakeholders in government and business to forge partnerships that stimulate entrepreneurship, drive affordable and responsive funding initiatives.
The South African franchise sector is by far the largest in Africa – and it continues to flourish. So much so that the Franchising Association of Southern Africa’s (FASA’s) 2023 South African Franchise Market Survey reveals that its contribution to gross domestic product (GDP) has
grown.
