Fast-food franchises find stable growth in South Africa
February 13, 2007
AllAfrica.com: The fast-food franchise industry is experiencing a boom in South Africa after a long period of stagnation, according to a recent study by franchise consultants Franchize Directions. The study found that 34 new franchises had entered the South African market since February 2004.
Chicken seems to be ruling the roost, with 19 percent of the fast-food franchise pie. In second place were pizza franchises with 13 percent, followed by burger and sandwich outlets with 7 percent each.