Despite the many government tax relief and assistance programmes, many franchised businesses, and perhaps even a few franchisors, will not be able to financially withstand the loss of revenue caused by the Covid-19 crisis and, in many sectors, by the periods of mandatory closures.

Michael Avery talks to Akhona Quengqu, chair of Fasa and chief people officer for KFC Africa;  Nicole Gundelfinger, group marketing manager for Cash Converters; and Tony da Fonseca, immediate past chair of Fasa and MD of OBC Group, about the effects of Covid-19 on these businesses...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.