Munyeza acquires Mugg & Bean franchise

African Sun's CEO Shingi Munyeza has acquired the franchise for South African food outlet, Mugg & Bean for the Zimbabwean market.

Munyeza said he acquired the franchise for the specialised coffee shop from South Africa's Famous Brands under his family investment portfolio in May but opened the first outlet on November 1 in Harare.

He said he invested $400 000 in the project and planned to add 3 more outlets over the next year.