OTHER NEWS - June 21, 1994
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Kentucky Fried Chicken Reinvests in South Africa: The company said it will invest $200 million in South Africa in the next three years, building 200 restaurants and encouraging entrepreneurs in black townships. Bob Bothwell, regional vice president of KFC’s South Pacific-South Africa region, said the expansion will provide jobs to more than 6,000 South Africans. Louisville, Ky.-based KFC already has 300 restaurants in South Africa, its most profitable market in the developing world and seventh in sales in the developing world. Most of the company’s expansion will be into black townships, Bothwell said.
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