AltX gets its first fast food retail company listing

by Aviwe Mtila 0

Gold Brands Investments, which owns South African franchise, Chesa Nyama, listed the only fast food retail company on the JSE’s alternative exchange (ALTX) Friday morning.

Speaking to CNBC Africa, the CEO of Gold Brands Investment, which has grown in three years to a $13 million turnover, is proud of the fast pace the company is growing.


“We’ve decided to take our company to the next level, hence taking it to the ALTX of the JSE. We’re very new to this industry, so what we’ve decide is to take baby steps and to solely learn what the industry is all about.”

–          Praxia Nathanael, the CEO of Gold Brands.

“I actually feel like I’m living a dream after what we’ve experienced this morning [Friday]. We were beating on a drum, we had so much fun, and we had gumboot dances there. It was really an absolutely amazing experience.”

–          Praxia Nathanael, the CEO of Gold Brands.

“We’d have to look at it if the opportunity [to expand] arises at a later date and we’d discuss it with our advisers. Right now I think it’s still very very early to make a decision like that.”

–          Praxia Nathanael, the CEO of Gold Brands.

“I’d love to say a lot more but we are looking to take our brand internationally. I cannot disclose more information at the moment but as soon as we’ve signed our agreement I will let the media know.”

Praxia Nathanael, the CEO of Gold Brands.