Code of Ethics & Business Practices for the Franchise Sector

The Franchise Association of South Africa has spent the last couple of years working with government to have its Code of Ethics & Business Practices accepted for the industry.  Since the Code was gazetted in 2017 it has gone through several revisions and simplifications. Franchisors and stakeholders in the franchise sector are asked to peruse … Read more

FASA’s Franchise Convention Covers all Angles

With the economy showing a positive growth for the coming year and public and business sentiment more positive, the Franchise Association of South Africa’s annual Franchise Convention taking place at The Forum in Bryanston on Thursday 28th June puts the spotlight on how successful franchising can be with over fifty speakers tackling different aspects to … Read more

Cash is king but it Needs to be Protected

Cash usage in South Africa as a percent of its gross domestic product (GDP) is over 58 percent and the retail sector contributes an estimated R707 Billion to GDP.  The majority of transactions continue to be made with cash with over R136billion in circulation in South Africa alone. The value of ATM withdrawals in South … Read more

Top 10 Fastest Growing Economies in Africa in 2018

Africa’s economy is projected to continue to rise to 3.2% in 2018 and to a further 3.5% in 2019. This is according to the latest World Bank report released early 2018.   According to the report, non-resource intensive countries are expected to expand at a solid pace, helped by robust investment growth. South Africa, Nigeria … Read more

Study Finds Restaurant Owners Support Smoking in Public Ban

With pending regulations to ban smoking in all public spaces, remove branding from cigarettes packs and control electronic cigarettes, the University of Cape Town (UCT) have conducted a study to find out if South Africans are ready for the ban of smoking in public areas.  The study, conducted with more than 750 restaurants across South Africa, found … Read more

FASA members lead the way in changing the lives of many South Africans

On the 3rd of April 2018, the Rounda “Add a Rand” initiative went live and South Africans were able to voluntarily donate R1 and contribute to making a significant difference to poverty alleviation in our nation. Nando’s were the first to go live, with Steers joining in with all their outlets nationwide on the 17th … Read more

Franchise Convention – A Must Attend Event

On Thursday 28th June, the franchise industry is coming together to learn from industry experts lecturing on the many challenges small business owners face in South Africa today. In its new format as a comprehensive convention offering  over 50 topics in breakaway sessions, FASA’s Convention has become a must-attend event for all those involved and … Read more

FASA Salutes and Remembers Pam Golding

South African property icon and leading businesswoman, Mrs Pam Golding (90), founder and Life President of the Pam Golding Property group, passed away peacefully on 3 April 2018 at her home Wittebomen in Constantia.  The Chairman, Executive Director and members of FASA convey their sincerest condolences to a woman who left her mark in the … Read more

Brace Yourselves for New Taxes

As we recover from the Easter holiday week-end, consumers and businesses will be faced with the cold reality of recently introduced taxes that will make a dent in all our pockets from the 1st April. These include:   VAT INCREASE For the first time in over 25 years VAT has increased from 14% to 15% … Read more

Franchise Grows in a Tight Economy

  When the Franchise Association of South Africa (FASA), together with sponsor Sanlam commissioned Research IQ in 2014 to conduct a survey of the industry and track its growth, South Africa and the world had already been in a recession for five years. Despite trying socio-economic conditions, political uncertainty and tough trading conditions, the franchise … Read more