Simbisa Brands set to open 15 new outlets seeking to consolidate its market share

ZIMBABWE -Zimbabwe’s Quick service restaurant (QSR) group, Simbisa Brands Limited is targeting to open 15 new outlets across the country this year, at an estimated cost of US$3 million, According to Warren Meares, Managing Director Simbisa, the move is a way of further consolidating their local market share. “Last year we opened 21 outlets across the country and we spent more than US$6 million. This year we have plans to open about 14 or 15 outlets. We are looking forward to spending about US$3 million on those outlets,” he said.…

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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 Stock Exchange listed firm operates the Chicken Inn, Pizza Inn, Bakers Inn, Haefelis, Creamy Inn, Steers, Nando’s and Fish Inn brands in the country. The move follows the recent announcement by the government barring the use of US dollar and other foreign currencies as legal tender among other monetary and fiscal consolidation measures being implemented…

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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 group’s growth plan which will enable convenient access of Simbisa Brands fast food offerings from its locally operated outlets including Pizza Inn, Chicken Inn, Creamy Inn and Galitos. Joseph Claver, Simbisa Brands’ head of business development, added that the move will also enable the firm increase its consumer base. “Partnering with Glovo will facilitate an…

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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 at Simbisa Brands, the expansion plan is part of the group’s efforts to secure a wider market share in the country, report by NewsDay. The group has embarked on the plan which is marked by its recently opened restaurants, Pizza Inn branch and second Chicken Inn branch in Gwanda, Zimbabwe, at an investment worth about…

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Simbisa Brands to open more fast food outlets in Kenya in an expansion drive

KENYA – Simbisa Brands, Zimbabwe’s largest fast-food restaurant operator has announced plans to open more restaurant and fast-food outlets in Kenya to expand its presence and tame rivals in the country, Business Daily has reported. The quick service and restaurant company operates Chicken Inn, Pizza Inn, Bakers Inn and Creamy Inn in Kenya. According to the firm, the move was based on the fact that its Kenya business had witnessed increased traffic with a positive outlook, thus expansion would foster continuous growth in a market where disposable income is rapidly…

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