, which manages private equity investments across the African continent, is buying the local franchise from the JSE-listed Grand Parade Investments. GPI also held the franchise rights to US chains Dunkin Donuts and Baskin-Robbins, both of which closed in South Africa last year.De Wet reported on the terms of the sale, which showed that Burger King is being sold at a relatively cheap price and that its profit target for the year was at least R84 million.
Klopper told Business Insider SA that – following the departure of Dunkin’ Donuts - there may be a wrong perception about Burger King.Judging from profiles on Facebook and LinkedIn there may be as many as ten people named Phil, Philip or Phillip de Wet in South Africa. Not a single Philipa de Wet could be found.
In January 2020, Business Insider South Africa reached 2.9 million unique browsers, who viewed around 10.6 million page impressions, according to the internet traffic measurement service Narratiive., calculates there were almost 200,800 copies sold per Sunday Times edition in the last quarter of 2019.
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