Business / Companies
KFC Zimbabwe franchise's performance exceeds expectations
26 Aug 2014 at 07:25hrs | Views
Kentucky Fried Chicken (KFC)'s performance of its franchise in Zimbabwe has been pleasing and exceeded expectations, General Manager New Africa Markets Bruce Layzell has said.
The Zimbabwe operation is majority-owned by Country Bird Holdings, a Johannesburg-listed company, and the remainder is in the hands of a local partner.
Layzell said the shop is part of over 700 franchises that are owned by KFC on the African continent. He said KFC products were expensive locally due to the import cost incurred by the company.
Layzell said South Africa has a huge network compared to Zimbabwe, which was cheaper than East Africa. Layzell said the company was getting its chickens locally while it is importing potatoes.
Yum! Brands, Inc. or Yum! is a United States-based Fortune 500 corporation.
It operates the licensed fastfood brands Taco Bell, KFC, Pizza Hut, and Wing Street worldwide. It is planning to open more branches in Zimbabwe, in a development that will result in employment creation in the country.
The company says its vision was to be accessible to as many people as possible in Zimbabwe.
The Zimbabwe operation is majority-owned by Country Bird Holdings, a Johannesburg-listed company, and the remainder is in the hands of a local partner.
Layzell said the shop is part of over 700 franchises that are owned by KFC on the African continent. He said KFC products were expensive locally due to the import cost incurred by the company.
Yum! Brands, Inc. or Yum! is a United States-based Fortune 500 corporation.
It operates the licensed fastfood brands Taco Bell, KFC, Pizza Hut, and Wing Street worldwide. It is planning to open more branches in Zimbabwe, in a development that will result in employment creation in the country.
The company says its vision was to be accessible to as many people as possible in Zimbabwe.
Source - newsday
