• Change of culture needed

    The right leadership will help SA shed its culture of violence, says Mandi Smallhorne.

  • 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

Loading...
See More

KFC firm to expand African footprint

Feb 03 2012 08:49 Reuters

Related Articles

Yum forecasts profit rise led by China

KFC outlets to double in Africa

More KFC stores on the way - report

KFC warns of fake advert

African outlets boost Famous Brands

Famous Brands to dish up pap and vleis

 

Johannesburg - US fast-food giant Yum Brands plans to open 130 new KFC stores in Africa this year, bringing its presence on the continent to 1 000 restaurants, Business Day newspaper said on Friday, citing a senior executive.

Yum, the parent of KFC, Taco Bell and Pizza Hut chains, also plans to bring KFC into seven new African countries this year, general manager for Africa Keith Warren told the paper.

New markets include Angola, Malawi, Tanzania, Uganda, Zimbabwe, the Democratic Republic of Congo and Madagascar, the newspaper said.

Yum also plans to bring Pizza Hut restaurants to South Africa this year, Business Day said.

Based in Louisville, Kentucky, Yum is no stranger to emerging markets. The company has more than 3 700 restaurants, mostly KFC outlets, in China, where it is the No.1 Western restaurant brand.

The company has said it expects at least 10% profit growth in 2012, led by its China business.

Western retailers are increasingly targeting Africa, which is home to rising consumer spending and some of the world’s fastest growing economies, albeit off a low base.

 
yum brands  |  kfc

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
2 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

20 self-made teenage millionaires

From selling lemonade to building webpages, these young entrepreneurs made a pretty fortune!

 
 

Luxury living

Top 10 richest musicians of all time
10 most expensive cars In the world
10 of the most expensive things that will leave your jaw hanging!
Seven of the most expensive children's toys ever made

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote

Loading...