JSE-listed owner of Steers, Debonairs, and Wimpy takes a R40.9 million hit in Botswana

• Famous Brands expects its earnings for the first half of the 2027 financial year to decline by as much as 33%.
• Famous Brands is partially disposing of its stake in its operations in Botswana, with plans to reduce its shareholding from 51% to 30%. The company acquired a 51% stake in Retail Group in Botswana in 2015.
• The company expects to publish its results for the six months through August 2026 on Wednesday, 21 October.