African food services franchisor Famous Brands reported a headline loss a share of 86c, and a basic loss a share of R12.37 for the financial year ended February 28 – largely owing to the adverse impact of Covid-19, which saw the food industry being among the worst hit sectors. CEO Darren Hele says that while the company is accustomed to trading in tough conditions, “nothing in [the company’s] history compares to the hardship as a result of the pandemic”.
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