Save the Dates for FASA’s Convention – 28th June 2019

Following on the success of the 2017 FASA Convention which saw 45 speakers in concurrent sessions sharing their challenges and successes, the FASA Convention 2018 will take place once again at the Kyalami Convention Centre on Thursday 28th June.  With more speakers than ever before, the convention offers concurrent sessions so delegates are free to … Read more

Retailers React to Consumer’s Shift in Spending

Pick n Pay has met the shift in consumer behaviour and the trend in ‘cocooning’ by innovating and expanding its convenience and ready-made meals range in 2018, offering quality convenience foods to entertain and dine at home with family and friends. This is supported by a recent poll by Business Tech, which revealed that of … Read more

ProCell Franchisee Works His Way Up the Success Ladder

When Bongani Mathabela applied for a position as a shop assistant at ProCell’s Botshabelo’s shop in the Free State, he never in his wildest dreams thought he would end up owning one of their franchises. But with the drive and determination to build a bright future for himself, Bongani worked his way up to technician, … Read more

Cash Converters Bucks the Economic Trend

On the back of strong franchise growth reported by the Franchise Association of South Africa (FASA) in their latest franchise surveys, Cash Converters, a member of FASA, has shown strong growth with its number of stores expanding by almost 15% in 2017.  By the end of November 2017, the company had opened 11 new stores … Read more

Franchising set to Maintain it’s Momentum

Tony Da Fonseca, MD of the OBC Group and Chairman of FASA, is confident that franchising can hold its own in our fast-moving world where change is seen as a constant. Backed by FASA’s survey sponsored by Sanlam that shows the sector’s performance remains on an upward trend, with 845 franchisors and their over 40,000 … Read more

Can you Afford not to be on Social Media

Mike Said, social media marketing and franchise strategist, who presented at FASA’s 2017 Convention made a compelling case for every business to take their social media marketing seriously.  With statistics showing that 75% of people purchased a product because they saw it on social media and of that percentage, 60,7% needed to see a post … Read more

Accreditation by FASA Means Member Discounts & Exclusive Deals

If you are a franchise and want to be part of the family of ethical franchise operators, join the association now and make use of the member discounts and exclusive deals on offer i.e. Universal Healthcare who offers no less than five different medical schemes (depending on employee needs) from as little as R250 per … Read more

National Assembly Approves Sugar Tax

The bill providing for the implementation of a tax on sugary beverages – the health promotion levy – was passed by the National Assembly in mid-November. The adoption of the measure, which will be introduced in April 2018, came after extensive public hearings by Parliament’s finance and health committees as well as negotiations within the … Read more

Mastercard Research Shows Small Retailers Showing Better Growth Than National Chains

As consumer habits change and the retail landscape has to also change to meet the challenges of on-line shopping, Mastercard Inc, in a recent US survey which tracks purchasing patterns, has picked up that, whilst big chain stores still account for the majority of shoppers’ purchases, spending growth at mom-and-pop businesses has outpaced that of … Read more

Development Funding puts Pietermaritzburg Cash Converters Franchise into Business

Kim Broom and Africa Msimango took over the Cash Converters branch in Victoria Centre, Pietermaritzburg, on 1 November as part of the Kutana Group’s corporate social development programme. “Kutana’s leadership is committed to BEE and sustainable growth through responsible investments,” says CEO Thoko Mokgosi-Mwantembe. “As a Pan-African investment company focused on delivering significant shareholder value … Read more