Simbisa - The Zimbabwe Independent

Topic : Simbisa

Aggressive expansion offsets contracting average spend

Local operations’ sales were 4% firmer compared to prior year despite a 3% contraction in average customer spend.

By Morgan & Co Mar. 7, 2025

Aggressive expansion offsets contracting average spend

Simbisa braces for fast-food tax

The value of local assets rose to US$129,93 million during the period under review, from US$123,23 million as of June 30, 2024.

By Tatira Zwinoira Feb. 28, 2025

Simbisa appoints Mudzengi new FD

QUICK service restaurant, Simbisa Brands Limited, has appointed David Mudzengi new group finance director.

By Lee Musaidzi Feb. 5, 2025

Manager spends US$3 420 loot on ‘Kandege’

William Gonese (28) from Chitungwiza pleaded guilty to theft charges when he appeared before Harare magistrate Lynne Chinzou.

By Trevor Mutsvairo Jan. 3, 2025

Manager spends US$3 420 loot on ‘Kandege’

Simbisa to expand Zim footprint

The group’s overall revenue grew by 6% year-on-year, with customer counts rising 7% versus prior year while real average spend fell 1%.

By Tatira Zwinoira Nov. 20, 2024

Simbisa disposes of Mauritius, Zambia and Ghana operations

The Victoria Falls Stock Exchange listed restaurant chain’s origins can be traced back to 1987 when the first Chicken Inn branch was opened in Harare.

By Rufaro Hozheri Oct. 11, 2024

Simbisa disposes of Mauritius, Zambia and Ghana operations

Simbisa to sink US$17,8m in FY25 for expansion, modernisation

In its report for the year ended June 30, 2023, Simbisa announced it would open 92 new stores at a total cost of more than US$22 million in the following comparative year.

By Tatira Zwinoira Oct. 2, 2024

Simbisa to sink US$17,8m in FY25 for expansion, modernisation

Bakers Inn restructures, cuts staff after US$1m loss

The restructuring was driven by escalating operational costs, which had severely impacted the company's viability.

By Tafadzwa Mhlanga Aug. 16, 2024

Bakers Inn restructures, cuts staff after US$1m loss

InnBucks, beyond what meets the eye

My first interaction with Innbucks was at a Simbisa outlet back in 2021, and just like any new product on the market, it was under some promotion of some sort.

By Rufaro Hozheri Apr. 26, 2024