Simbisa Brands full year profits increases 134% amid economic hardships

ZIMBABWE – Zimbabwe’s Quick service restaurant (QSR) group, Simbisa Brands Limited’s profit for the year ended June 30, 2019 jumped by 134% to US$32 million despite a decline in total customer count. Zimbabwe, which is […]

Simbisa Brands opens additional branch in Zimbabwe

ZIMBABWE – Simbisa Brands, Zimbabwe’s leading fast foods chain operator, has opened a second outlet in Kwekwe, central Zimbabwe. The branch, according to the group’s managing director, Mr Warren Mears, will run Simbisa’s Chicken Inn […]

Zimbabwe Simbisa Brands slashes prices 20% amid ongoing economic reforms

ZIMBABWE – Simbisa Brands Limited, Zimbabwe’s leading quick service restaurants operator, has resolved to slash prices of its major products by 20 percent margins in response to the ongoing monetary and fiscal reforms. The Zimbawe […]

Simbisa Brands partners Spanish delivery firm in online food delivery deal

KENYA – Fast food restaurant operator, Simbisa Brands, has partnered with Spanish delivery firm, Glovo, in integrating an online food delivery platform in a bid to improve its operations. The partnership is part of the […]

Zimbabwe’s Simbisa brands opens new Nando’s branch in expansion drive

ZIMBABWE – Simbisa Brands Limited, Zimbabwe’s largest fast-food group, has opened a new branch under its Nando’s brand in Zimbabwe as it continues to pursue its US$10m expansion strategy. Located in Fife Avenue Shopping Centre […]

Zimbabwe’s Simbisa Brands doubles half-year profits amid tough economy

ZIMBABWE – Simbisa Brands Limited, Zimbabwe’s largest fast-food group, has posted an increase in profit after tax of US$16.5 million during its six months to 31st December 2018, up from US$7.9 million posted in the […]

Quick Service Restaurant Simbisa Brands to invest US$10m in expansion plan

ZIMBABWE – Simbisa Brands, a leading quick service restaurant based in Zimbabwe, has unveiled plans of investing US$10 million in setting up to 21 new outlets across the country. According to Warren Meares, Managing Director […]

Fast food group Simbisa Brands opens new outlet in Kenya

KENYA- Zimbabwe’s largest fast food restaurant operator, Simbisa Brands, has opened new fast food chain outlet Kenya as it diversifies its growing Kenyan portfolio. Simbisa brands will operate, Grill Shack, a Dubai-based fast food chain, […]

Simbisa Brands postpones plans to list on London Stock Exchange

ZIMBABWE – Zimbabwe’s quick service restaurant group, Simbisa Brands Limited has put on hold plans of its listing on the London Stock Exchange (LSE), reports the Herald. Addington Chinale, the company’s chairman, has said that […]