According to Standard Bank , the franchise sector currently contributes nearly 10% towards South Africa’s Gross Domestic Product (GDP). Urban African dining restaurant, Moyo, joined this dynamic sector and made a robust comeback, under the direction of Fournews, while emerging from a business rescue plan implemented in 2013. Lynette Balie, Marketing and Sales Support Specialist for Fournews, shares how aspirant franchisees can become part of the sector and announces an exciting option to operate a Moyo from an iconic site in Soweto. The franchise sector in South Africa is defying sluggish economic conditions and will continue to provide sustainable business opportunities for entrepreneurs. More excitingly, 88% of franchise brands currently operating within the country were created and developed here. At Moyo, we have an opportunity for a passionate franchisee to operate a new store on an iconic Soweto site which is of both historic as well as traditional significance. A franchise...

The Moyo restaurant chain is stronger than ever under the direction of Fournews Urban African dining restaurant chain, Moyo, has made a robust comeback under the direction of Fournews , and is experiencing positive revenue growth from their five restaurants in Melrose Arch, Zoo Lake, Ushaka Marine World, Kirstenbosch and Blouberg. This in just over a year since emerging from a business rescue plan implemented in 2013.  “Aside from saving one of South Africa’s most recognised restaurant brands, the main purpose of the business rescue exercise was to save jobs, and this was successfully accomplished with 400 jobs maintained,” says Moyo’s National Marketing and Sales Support Specialist, Lynette Balie.  Fournews, is custodian to some of South Africa’s most loved and well established brands such as Café Fino, News Café, Smooch frozen yogurt, Illy coffees and Brooklyn Brothers. With their 20 years industry experience, the company is certainly reigniting the brand to be as ...