The stock market made a marginal swing back to negative territory weighed down by losses in Simbisa and Innscor although the market breadth was positive, as stocks remain a safe haven in this crisis p...
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 ...
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...
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...
GOVERNMENT has begun a process of simplifying its tax system while the Zimbabwe Revenue Authority (Zimra) continues to roll out operational reform strategies aimed at enhancing voluntary compliance an...
TODAY, we discuss the legality of the recent shock total blockade of the Internet and subsequent limitation of service to the exclusion of social media sites Facebook, YouTube, WhatsApp and Twitter, a...
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...
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...
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...
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...
CERTIFIED herbal medicines manufacturer, Musimboti Traditional Science and Technology Institute (MTSTI), has over the past two months experienced a surge in business as patients resort to traditional ...
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 ...
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...
Masimba Holdings, a Zimbabwe Stock Exchange-listed contracting company, expects Zimbabwe's infrastructure sector to recover strongly in the outlook and drive its contracting business.CEO Canada Malung...
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...
TWELVE employees at Simms Electrical Company in Bulawayo have taken their employer to court demanding payment of $122 194 owed in outstanding salaries after they recently obtained an arbitration award...
What is special excise duty?Special Excise Duty is charged in terms of Section 172 of the Customs and Excise Act (Chapter 23:02). It is a tax levied on sale, transfer or disposal of second hand vehicl...
TOURISM minister Priscah Mupfumira has applauded the new dispensation, ushered in by the military for setting the tourism industry on the rebound.Mupfumira made the remarks yesterday in Victoria Falls...
Vice President Kembo Mohadi has gone abroad for medical treatment. The reason for exercising this choice is pretty obvious: he lacks confidence in the Zimbabwe health systems and can also afford the t...
LISTED construction company Masimba Holdings has projected a cautious outlook for its operaions in this year on account of persistent foreign currency constraints that are hampering most business oper...
President Emmerson Mnangagwa says the government is in the process of simplifying the import and export processes to enhance economic growth.President Mnangagwa said this when he commissioned the $40 ...
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...
FORMER Zimbabwe Mining Diamond Company (ZMDC) chairperson Godwills Masimirembwa was on Monday grilled in Parliament over the $6 million bribe which former President Robert Mugabe alleged he had receiv...
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...
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 ...