Food service
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African Capital Alliance acquires minority stake in Nigerian fast food restaurant owner Food Concepts
NIGERIA – Food Concepts, a leading Quick Service Restaurant (QSR) operator in West Africa has welcomed a new partner in its business to steer it…
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Spur Corporation attains profit gain as RocoMamas delivers star performance
SOUTH AFRICA – South Africa based fast–food chain operator, Spur Corporation has reported improved full year performance, a sign of a slow but positive recovery.…
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McDonald’s to cut use of virgin plastic in toys, announces share buyback program as business recovers
USA – McDonald’s Happy Meal toys will be made from recycled or plant-based plastics in an effort to cut its use of virgin fossil fuel-based…
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South African fast-food restaurants register improvement in sales following steady economic recovery
SOUTH AFRICA – South Africa based fast–food chain operator has reported a marginal growth in its full year restaurant sales by 1%, representing a 67.6%…
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Simbisa Brands gets nearer to customers in home market with launch of new outlet
ZIMBABWE – Simbisa Brands, Zimbabwe’s largest fast-food restaurant operator has opened a new branch in Redcliff town in the Midlands province of Zimbabwe, as part…