Simbisa Brands shifts focus to growing regional operations

Simbisa Brands invested ZWL$18.4 million in the year ended June 30, 19 on expansion and maintenance of its existing counters to a best-in-class standard as it forges ahead to consolidate its share of ...

By Staff reporter | Published: 10 October 2019


Simbisa suffers exchange rate loss

LISTED fast food retail giant, Simbisa Brands Limited suffered a net foreign exchange loss of $2,7 million during the year ended June 2019, arising from revaluation of foreign denominated assets and l...

By Staff reporter | Published: 10 October 2019


Simbisa Brands slashes prices

LISTED quick service business, Simbisa Brands, has set the pace by slashing prices of its major products by 20 percent margins in response to monetary and fiscal consolidation measures being implement...

By Staff reporter | Published: 04 July 2019


Simbisa Brands discounts US$ customers

LISTED quick-service restaurant business, Simbisa Brands, has resolved to offer discounts on its prices to customers who pay in US dollars to enhance the entity's foreign currency earnings. In an oper...

By Staff reporter | Published: 21 December 2018


Simbisa Brands implements two-tier pricing model

ZIMBABWE's largest fast food chain, Simbisa Brands Limited (SBL), says it will implement a two-tier pricing model, offering discounts for customers paying in United States dollars as it tries to raise...

By Staff reporter | Published: 20 December 2018


Simbisa makes executive changes

FAST food chain, Simbisa Brands, has appointed Mr Baldwin Guchu as the group's new finance director effective from December 1, 2018. He replaces Mr Salim Eceolaza who has been assigned the position of...

By Staff reporter | Published: 04 December 2018


Simbisa shelves LSE listing plans

Quick service restaurant (QSR) group, Simbisa Brands Limited's plans for a secondary listing on the London Stock Exchange have been put on hold as the market is currently not conducive for the transac...

By Staff reporter | Published: 26 November 2018


Simbisa postpones LSE listing

SIMBISA Brands has postponed its planned secondary listing on the London Stock Exchange (LSE)'s Alternative Investment Market (AIM) to a later date.The country's largest fast-food restaurant operator ...

By Staff reporter | Published: 30 September 2018


Simbisa's profits surge 139% in FY2018

SIMBISA Brands Limited (Simbisa), a public-listed company that owns, operates, and franchises quick service restaurants in Africa, has reported a more than double growth in net income in the full-year...

By Staff reporter | Published: 27 September 2018


Simbisa to open more outlets in Kwekwe

FAST food chain, Simbisa Brands is set to open two outlets in Kwekwe in the next two months as it spreads its wings to maintain market dominance on the local market.Simbisa already operates Nando's, C...

By Staff reporter | Published: 04 June 2018


Simbisa Brands gets AIM secondary listing nod

SIMBISA Brands Limited's shareholders yesterday unanimously gave directors the green light to acquire a 50 percent stake in global family owned and run food and beverages company Foodfund and at the s...

By Staff reporter | Published: 22 March 2018


Zim, Kenya operations boost Simbisa revenue

ZIMBABWE Stock Exchange-listed quick-service operator, Simbisa Brands' revenue grew by 30 percent from $76.5 million to $99.3 million in the half year ended 31 December 2017.The group's financial resu...

By Staff reporter | Published: 13 March 2018


Simbisa expansion tipped to bear fruit

Quick service restaurant operator Simbisa Brands' decision to buy Dubai-based firm Food Fund will help unlock shareholder value, market experts have said. This was after Simbisa, which has restricted ...

By Staff reporter | Published: 20 February 2018


Simbisa garners for UAE fast food chain

THE Zimbabwe Stock Exchange-listed quick service operator, Simbisa Brands, is seeking to acquire the United Arab Emirates-based fast food group, Foodfund.Last month, Simbisa also announced that it was...

By Staff reporter | Published: 19 February 2018


Simbisa eyes international acquisition

Quick service restaurant (QSR) group, Simbisa Brands Limited is looking to expand its business with the proposed acquisition of Foodfund Investments. Foodfund is a family owned business incorporated i...

By Staff reporter | Published: 15 February 2018


Simbisa seeks regulatory approval

THE Zimbabwe Stock Exchange (ZSE)-listed quick service restaurant business, Simbisa Brands is seeking regulatory approval for a secondary listing on the Alternative Investments Market in London as par...

By Staff reporter | Published: 10 January 2018


Simbisa targets Dubai firm

QUICK service restaurant operator, Simbisa Brands, is planning to acquire a United Arab Emirates-based fast-food group, as it seeks to boost its profile ahead of a planned London listing.The fast food...

By Staff reporter | Published: 05 October 2017


Simbisa profit rises 26%

QUICK service restaurant operator, Simbisa Brands announced a strong set of financials with profit for the year ended June 30, 2017 rising 26 percent to $6,355 million driven by growth in the group's ...

By Staff reporter | Published: 02 October 2017


Simbisa Brands eyeing listing on LSE's AIM

Zimbabwe Stock Exchange listed Simbisa Brands, the company which houses fast food names such as Chicken Inn and Pizza Inn, is reportedly eyeing a secondary listing on the London Stock Exchange Alterna...

By Staff reporter | Published: 23 July 2017


Simbisa in expansion drive

SIMBISA Brands, the Africa-focused fast foods business, is focusing on Zimbabwe and Kenya in its expansion drive, according to the London-based research firm, Exotix Capital, which recently held disc...

By Staff reporter | Published: 06 July 2017

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