Too much uncertainty to assess Famous Brands
The absence of load-shedding does not make up for other difficulties
27 June 2024 - 08:00
Famous Brands is Africa’s largest restaurant franchiser. That statement expresses perhaps the group’s greatest strength as well as its most obvious weakness.
For a market leader to keep growing at a lucrative rate, it has to keep acquiring new brands to inject growth into the group as the existing brands mature. This becomes more and more difficult over time as opportunities that really move the dial for the group aren’t easy to find...
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