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
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
PSL sponsorships: What ‘incest’!
Sakunda will sponsor Scottland to the tune of US$1,5 million, will sponsor the team kit and the coach and captain will be provided with cars as part of deal.
By Newsday
Jan. 4, 2025
Entrepreneurship and management of brand association in the age of AI
Brands frequently build linkages with advances in the cultural realm to ensure they are culturally compatible.
By Farai Chigora and Tabani Moyo
Dec. 8, 2024
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 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
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
Premium
Mnangagwa succession battle turns ugly
News
By Nqobani Ndlovu and Problem Masau
Mar. 23, 2025
Premium
Alarm as Zimbabwe’s new cholera outbreak reaches ‘significantly above normal thresholds’
News
Mar. 23, 2025