Bad news for owner of Steers, Wimpy and Mugg & Bean in South Africa
African Insider | 15.10.2026 21:00Cape Town – Famous Brands, the restaurant group behind Steers, Wimpy, Mugg & Bean and Debonairs Pizza, expects its earnings per share to fall by as much as 33% for the six months ended August 2026, as higher fuel prices, interest rates and weaker performance in Botswana weigh on profitability.