Fasa hopeful franchise sector will bounce back post-lockdown

©ginasanders via [[www.123RF.com 123RF]]</span>The franchise sector, at the end of 2019, was holding its own in what was a trying economic environment. According to the Franchise Association of South Africa's (FASA's) 2019 Franchise Survey, sponsored by Sanlam, the franchise sector contributed an estimated turnover of R734bn, equivalent to 13,9% to the country's GDP through its over 800 franchise systems, close to 48,000 franchised outlets and a workforce of close to half a million.
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