FAMOUS BRANDSNow that SAA is neck-deep in the Dudu, with a financial future that is looking ever more likely to feature a long walk off a short plank, wise travellers are choosing alternative carriers to whisk them up north. It may be a reaction to the somewhat erratic quality of our political leadership or it may be a complete coincidence, but more and more seem to be packing the corporate swag bag and the thermal underwear and hunting for acquisitions in slightly more robust currencies than the beloved ZAR.The latest to join the party is the hyperactive Famous Brands, fresh from saving the country from a tomato paste crisis, now sticking a couple of billion rand onto the table at the UK’s Gourmet Burger Kitchen (GBK).This may seem like a reasonably large bill, but it is considerably less than it would have been before the British people decided to take the quixotic decision to blow a loud raspberry at their continental cousins and vote for Brexit, thus tanking the pound and offeri...

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.