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Tag: Burger King

Sale price of Burger King SA renegotiated due to impact of Covid-19

Grand Parade Investments (GPI) said in a statement to investors this week that it has renegotiated the terms of the sale of its Burger King South Africa licence, after the Covid-19...

GPI’s royal deal

CAPE TOWN-based empowerment company Grand Parade Investments (GPI) has served up its 95.36% stake in fast food franchise brand Burger King to a growth hungry private equity investor. Emerging Capital Partners (ECP)...

South African Burger King Owner Dumps Dunkin’ Donuts

South African fans of U.S.-branded hot, glazed doughnuts with a gulp of coffee are about to see one well-known choice disappear. The company that owns Dunkin’ Brands Group Inc.’s local Dunkin’ Donuts...

Capetonians flock to first Dunkin’ Donuts restaurant opening

South Africa becomes the 45th country to join the Dunkin’ family. Five people queued for over 25 hours to be the first South Africans to get a taste of Dunkin’...

Another Cape casino re-shuffle

GAMING sector giants Sun International and Tsogo Sun – along with local empowerment firm Grand Parade Investments (GPI) – are playing a new hand in a bid to ‘diplomatically’ share the...

Bump and grind for 2016

PROSPECTS for business in the Western Cape for 2016 look daunting. Political ructions have sent the Rand spiralling down against major currencies, the country’s fiscal policies look anything but disciplined and...

Profit flavour emerging

Fast food business Burger King has topped the 50 outlet mark, but profitability will probably only be achieved by the fledgling chain next year. One interesting trend to note is that...

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Engen and Vivo Energy combination completed, creating a pan-African energy champion

Combined Group spans over 3,900 service stations, and more than two billion litres of storage capacity across 28 African markets Significant capital expenditure...

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