Franchising South Africa

Is franchising future-proof? - 25 Sep 2018

By Lauren Hartzenberg, Retail Editor (@Biz_Retail)

Franchising remains one of SA's most resilient sectors, despite being faced with challenging economic conditions. According to Fasa's latest survey, franchising boasts an estimated turnover of R721 billion, equivalent to 15,7% of the total South African GDP.

In other top news, we interviewed Asher Stern, co-founder of Cape Town e-commerce startup Buyfresh, which delivers ethically-sourced, top-quality meat to discerning Cape Town omnivores as well as the city's restaurant trade. While Jason Pallant unpacks the trends driving the future of retail, and Lynette Hundermark shares top tips for effective customer engagement on mobile.

Meanwhile, Jane Battersby and Gareth Haysom uncover the myths, misinformation and lack of data surrounding the recent accusations of 'fake food' being sold by foreign shop owners in SA.

Consumer confidence in South Africa dropped in Quarter 2 of 2018, according to The Conference Board Global Consumer Confidence Survey, with a more constrained environment dampening consumer spend.

And last but not least, Tesco unveiled its competitive new UK discount chain Jack's, and I round up my favourite food and beverage products that have hit the shelves in #FreshOnTheShelf.

Until next week, enjoy!

Lauren Hartzenberg
Retail Editor: Bizcommunity.com

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