Watch the 2016 Video Interviews with the speakers for an insight on what they spoke about

FNB Franchise Leadership Summit 2016

‘Disrupt – the future of franchising’ was the focus of the fifth annual FNB Franchise Leadership Summit hosted in conjunction with Franchising Plus.

Finding the silver lining on a dark cloud was the task of FNB Chief Economist Sizwe Nxedlana. “While longer term prospects remain positive, before we get there we are going to have to endure some arduous times.” As to how bad things are at the moment, Nxedlana showed a graph demonstrating that according to FNB’s projections for the current five-year period, it would be the second-worst five-year period of average GDP (Gross Domestic Product) growth of the South African economy since the Second World War. It is surpassed only by the sanctions period of the late-80s and early-90s.

Toby Shapshak
Some of the cleverest innovations come out of Africa – out of sheer necessity.

Toby Shapshak, publisher and editor-in-chief of Stuff Magazine, addressing the FNB Franchise Leadership Summit 2016, said that in developed markets individuals had the choice to adopt new technologies or not, but not so in Africa. “In Africa, there is simply no viable alternative. I call this ‘frugal innovation’, which is the purest form of innovation and is quite different to a Silicon Valley innovator developing yet another app to order fast food.”

The FNB Franchise Leadership Summit 2016 was held on September 1 in Fourways, themed ‘Disrupt – the future of franchising’.

Carlo Gonzaga, Taste Holdings
Starbucks has elevated the use of social media to the extent that people ask, is it a technology company or a coffee one? In the US, for instance, 21% of people pay for their Starbucks order online compared to a national average of 7.2% using eCommerce for retail purchasing, according to US Department of Commerce figures.

Carlo Gonzaga, CEO of Taste Holdings, described his two-year courtship of Starbucks to bring a touch of New York dazzle to Johannesburg, and soon the rest of the country. He was addressing the FNB Franchise Leadership Summit 2016, held on September 1 in Fourways, themed ‘Disrupt – the future of franchising’.

Justice Malala

Living in Africa, for an Afro-optimist, offers endless opportunities to question one’s optimism.

For this reason, it is important to distance oneself from the political noise and identify what factors one should worry about, and which ones one shouldn’t, said Justice Malala, SA political commentator, newspaper columnist, author and presenter. He was addressing the FNB Franchise Leadership Summit 2016, held on September 1 in Fourways, themed ‘Disrupt – the future of franchising’.

Should owners of small businesses really be worrying about the Gupta’s, Nkandla’s #PayBacktheMoney, or even the performance of the DA and EFF in the local elections? – these are all red herrings to a businessman, said Malala.