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 moreCash Converters Bucks the Economic Trend

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 moreFranchising set to Maintain it’s Momentum

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 moreCan you Afford not to be on Social Media

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 moreAccreditation by FASA Means Member Discounts & Exclusive Deals

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 moreNational Assembly Approves Sugar Tax

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 moreMastercard Research Shows Small Retailers Showing Better Growth Than National Chains

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 moreDevelopment Funding puts Pietermaritzburg Cash Converters Franchise into Business

Join FASA and be Part of the International Franchise Community

Franchising is recognized globally as one of the most aggressive forms of business expansion. It enjoys a high profile with some of the world’s most renowned brands as franchise leaders. In most countries franchising has fallen under the umbrella of local franchise associations, which in turn, belong to the World Franchise Council. This allows the … Read moreJoin FASA and be Part of the International Franchise Community

Need Help to Secure Developmental Funding

With mounting pressure on business in general to diversify supply chains (aligned to the B-BBEE codes) and localise procurement through industrialisation by taking a strategic and structured view of supplier development (a focus of the National Development Plan), to transformation of the franchise sector in a more sustainable manner. Uzenzele, a Level 1 BEE compliant … Read moreNeed Help to Secure Developmental Funding

Benefits of Belonging to the Franchise Association

FASA has been the guiding force of franchising in South Africa for over thirty years and the growth and stability of the sector is largely thanks to the work that FASA has done over the years to promote ethical franchising. The brands accredited by the Franchise Association of South Africa benefit from the many events … Read moreBenefits of Belonging to the Franchise Association