
Franchising itself in South Africa continues to prove to be very resilient,” states the Chairman of the Franchise Association of South Africa (FASA), Derek Smith. “Analysis conducted by Bendita Gordon of Franchise Directors showed that between 2008 and 2010 in the aftermath of the global recession hitting the country showed that, while the rest of the economy lost well over one million jobs, franchising actually created 25,000 new opportunities for people.”
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