Business

Simbisa braces for fast-food tax

NewsDay Staff ·

Simbisa braces for fast-food tax

FAST-FOOD outlet, Simbisa Brands Limited (Simbisa) is working to minimise the cost impact of the newly-introduced fast-food tax that went into effect at the start of the year.

In the 2025 National Budget released last November, Treasury introduced a slew of new taxes, including a fast foods tax of 0,5% of the sale value of the food sold at fast-food restaurants and outlets.

The new tax is set to affect Simbisa, the country’s largest fast-food company with 339 stores across Zimbabwe as of last year.

This story is for NewsDay subscribers.

Discover more from Newsday

Subscribe now to keep reading and get access to the full archive.

Continue reading