Sale of KFC franchise back on track

Friday, July 07, 2017

Up for grabs: At least 9 firms have been shortlisted to buy the KFC franchise

The sale of the KFC franchise in Botswana is back on track after the former franchisee VPB Propco withdrew an appeal against a judgement that placed the company under final liquidation.

KFC was placed under final liquidation by the High Court in September last year but the process to sell the franchise was stalled after VPB proprietor Anthony Siwawa lodged an appeal against the judgement.

KFC liquidator Nigel Dixon-Warren of KPMG told BusinessWeek on Wednesday that following the withdrawal of the appeal, they have now shortlisted nine companies from Botswana and outside.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

selefu

3 m ago

Tribunal cancels P1.8bn tender

Innocent Selatlhwa | 22 Nov 2024

Khama IV finally breaks BaNgwato royal jinx

Sechele Sechele | 22 Nov 2024

May we borrow your youth?

Bongi D D M Radipati | 22 Nov 2024

Navigating judicial independence and accountability

Hon Justice OBK Dingake | 22 Nov 2024

Boko’s fiscal path takes shape

Mbongeni Mguni,Pauline Dikuelo,Lewanika Timothy | 22 Nov 2024

BDP was never a liberation movement

Monageng Mogalakwe | 22 Nov 2024

Housing provision tops Boko’s priorities

Spira Tlhankane | 22 Nov 2024

The corrupt must be punished

The findings reveal a disturbing pattern of misconduct and lack of transparency that cannot be ignored.The Tribunal, led by Judge President Justice Kabelo Lebotse, has rightly condemned the Ministry for its eyebrow raising conduct in awarding a P1.8 billion water tender to China Civil Engineering Construction Corporation (Pty) Ltd and Zhong Gan Engineering & Construction Corporation (Pty) Ltd.The award was made despite alleged clear evidence that...

Mmegi Editor | 22 November 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More