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LATEST NEWS FOR Famous Brands Ltd.  

Famous Brands is a holding company listed on the JSE Ltd. (JSE) under the category Consumer Services: Travel and Leisure. The Group is Africa’s leading branded food services franchisor. Famous Brands’ vertically integrated business model comprise... [more info]

How Spur is using delivery services to fight back

14 Jan 2021 /  Moneyweb   8
Six months in, a big bet on ‘virtual’ kitchens looks very promising ….

What’s up (and down) with the S&P and the importance of asset allocation

27 Oct 2020 /  Simon Brown   
Nedbank's Preston Narainsamy on the drivers behind the latest S&P and Famous Brands numbers. Cobus Loots, CEO of Pan African Resources on the reprocessing of gold tailings and the sustainability of this trend. Sam Feinstein of Definitive Capital talks asset allocation.

Famous Brands revenue nearly halved due to Covid crisis

26 Oct 2020 /  Nompu Siziba  
Darren Hele – CEO, Famous Brands: the drain on cash and writedown of the UK asset were the biggest ramifications of Covid-19 and lockdown.

Markoorsig: Famous Brands se verkope halfveer

26 Oct 2020 /  Moneyweb  
Theo Vorster – Galileo Capital

Famous Brands hit hard by pandemic

UPDATE
26 Oct 2020 /  Melitta Ngalonkulu   6
From an operating profit of R376m in the comparable prior period to an operating loss of R110m.

Famous Brands’s UK chain GBK fails, US bank results and the state of SA’s ETF industry

15 Oct 2020 /  Simon Brown   
Viv Govender of RandSwiss on Famous Brand's GBK going bankrupt and US bank results. Keith McLachlan of Alpha Wealth on equity vs consolidated holdings in results and changes to the PSG IFRS status. Mike Brown talks 20 years of ETFs in South Africa. 

Famous Brands expects earnings shock

25 Sep 2020 /  Larry Claasen    6
Covid-19 lockdowns takes its toll.

Famous Brands says UK burger unit met July revenue goal

13 Aug 2020 /  Promit Mukherjee, Reuters   2
However, the unit's future is uncertain.

SA corporates’ offshore forays have destroyed over R300bn in value

16 Jul 2020 /  Peter Armitage   32
Local conditions and competitive environments are simply different.

Where are the risks lurking on the JSE?

29 Jun 2020 /  Hilton Tarrant    3
The most financially stressed small and mid-cap companies …

Famous Brands’s results, deal making and what is driving the rand

27 May 2020 /  Simon Brown   
Travis Robson of IG Markets on Famous Brands's decision to forego its dividend; Afrimat's Andries van Heerden on what goes into successful deal making and Nolan Wapenaar of Anchor Capital delves into the global issues impacting SA's currency.

Famous Brands holds on to dividends

27 May 2020 /  Melitta Ngalonku   1
Deeming it prudent to preserve balance sheet flexibility.

Rand on the back foot as recession clouds gather

4 May 2020 /  Mfuneko Toyana, Reuters  
The 2030 bond traded at 10.29%, 2 basis points higher.

Famous Brands reports marginal revenue due to lockdowns

4 May 2020 /  Nqobile Dludla, Reuters  
Its manufacturing and logistics operations have also been closed since late March.

Famous Brands pulls plug on Gourmet Burger Kitchen

2 Apr 2020 /  Emma Rumney, Reuters   3
Decided not to provide any further financial support to its UK-based unit Gourmet Burger Kitchen

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