Spar KZN looking to terminate contracts of franchisees involved in price hiking

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This after the commission competition confirmed that 30 companies in various provinces were under investigation for excessive price hikes.

The KwaZulu-Natal department of economic development, tourism and environmental affairs has begun negotiations with provincial management of the popular Spar supermarket franchise with the view of terminating the contracts of franchise owners who are found guilty of unfair price hikes during the coronavirus outbreak and national lockdown.

“We are aware as the department that there are currently over 900 independently owned Spar stores in the country, with hundreds located throughout the corners of KwaZulu-Natal,” said Dube-Ncube in a statement. Dube-Ncube further encouraged the group to continuously demonstrate that they put the interests of ordinary members of society on top of the agenda before calling upon other retailers to follow this example.

“We have an enduring partnership with the South African Police Service, the National Consumer Commission, the National Competition Authority and the Consumer Goods Council of South Africa,” added Dube-Ncube on behalf of the department.

 

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VWSFire Doubt it, not a franchise and the stores wag the tail of the dog.

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