Massive interest to buy KFC franchise

All but two of the KFC outlets are now fully operational
All but two of the KFC outlets are now fully operational

Fifteen bidders have expressed interest in buying 12 stores of the Kentucky Fried Chicken (KFC) franchise in Botswana, currently under provisional liquidation, Mmegi Business has learnt.

According to the liquidator, Nigel Dixon-Warren the number of bidders, which is a mix of individuals and companies, might be reduced when the sale price of the franchise is revealed next week.

“I’m getting many phone calls and emails from many people who are interested in buying and so far I have about 15 groups of people,” he explained.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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