JAMIE CARR: In the war between ride-hailing giants Lyft and Uber
It helps when your arch-rival is generally regarded as an amalgam of dark side, evil empire and Lord Voldemort, with a touch of casual sexism chucked in
Lyft: Nice guys gain groundThe casual-dining sector in SA contains some remarkably high quality operations, with an uncanny ability to tweak their offerings to the changing taste of consumers and to keep on churning out earnings growth. And this is being achieved despite the flagging economy exerting serious pressure on disposable income. On the evidence of its performance in the year to end-February, Gold Brands has a long way to go before it is included in this exalted company. Losing R48.5m on turnover of R142.8m is, under any circumstances, a bloodbath. Its website entices potential franchisees to "join the fastest growing, best loved fast food franchise in SA". Perhaps when it says "fastest growing" it might be more accurate to claim to be growing fastest in number of stores closed in a 12-month period. The group has undergone restructuring that has put a halt to the opening of new franchises and resulted in the closure of more than 155 underperforming franchises during the yea...
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