Few South Africans know that Dick Enthoven, billionaire owner of Spier and Hollard Insurance Company Ltd, is also the owner of Nando’s. Now a Malaysian publication has crowed the details about the successful spicy-chicken chain.
How Enthoven got to know Robbie Brozin and Nando Duarte, the founders of Nando’s, is not shared, but Enthoven gave them a loan to expand their Nando’s chain in South Africa initially, and then internationally.
Nando’s is described as a ‘private family business’ and the main backers are the Enthovens, providing capital and Continue reading →