BEVERLY HILLS, June 03, (THEWILL) – International fast food outlet, Kentucky Fried Chicken (KFC) has closed its franchise in Botswana rendering over 400 employees jobless.
A statement issued on Friday by VPB Propco, the franchise of KFC in Botswana, announced that it would cease operating by next week.
“Such a step is always for us, a final resort, and during the course of the last 12 months, we worked tirelessly to seek an alternative,” the statement read.
“After much deliberation, however, it is clear that it is no longer feasible to continue operations.
“KFC food chain will close all its 12 branches across the country, after 20 years operating in Botswana.
“KFC intends to engage all stakeholders, adhere to all regulatory and governance guidelines, and work with all employees, as it wraps up.
“This is by all means a truly difficult business decision to make, but one that needed to be taken.”
Story by David Oputah
About the Author
