KFC Owner Withholds Rent on South Africa Stores Amid Lockdown
- Yum! Brands owns 48 South Africa outlets; rest are franchised
- One KFC franchisee says he’s in talks with landlords, banks
Photographer: Luke Sharrett/Bloomberg
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KFC-owner Yum! Brands Inc. has told landlords in South Africa that the U.S. firm won’t be paying rent while outlets are closed during a three-week government-enforced lockdown to contain the coronavirus pandemic.