BUSINESS NEWS

Police hunt suspect in SIM swap fraud

The Zimbabwe Republic Police (ZRP) has launched a manhunt for Tranos Taurai Muzanenhamo, who is wanted in connection with a string of sophisticated SIM swap and hacking fraud cases involving over US$1...

By Staff reporter | Published: 22 October 2025

BUSINESS NEWS

IH Securities maintains a hold recommendation on Simbisa

Simbisa Brands, the Southern African quick-service restaurant operator, posted a 7% year-on-year revenue increase to US$306.5 million for the year ending 30 June 2025, according to an equity research ...

By Staff reporter | Published: 17 October 2025

BUSINESS NEWS

Simbisa brands infringed music copyrights

The High Court has ruled that Simbisa Brands Zimbabwe, operator of popular fast-food chains including Chicken Inn and Pizza Inn, violated music copyrights by playing songs without a valid licence fro...

By Staff reporter | Published: 30 September 2025

SOCCER

Simba Bhora booted out of Champions League

Simba Bhora's first-ever CAF Champions League adventure ended in heartbreak on Sunday after they were eliminated by Eswatini's Nsingizini Hotspurs in a dramatic preliminary round tie decided on penalt...

By Staff reporter | Published: 29 September 2025

SOCCER

Simba Bhora mark dream Champions league debut

Simba Bhora got their CAF Champions League campaign off to a perfect start on Sunday evening, edging Eswatini's Nsingizi Hotspurs 1-0 in their debut match in the competition.The preliminary round firs...

By Staff reporter | Published: 22 September 2025

SOCCER

Scottland FC dismisses claims of funding Simba Bhora

Scottland FC has rubbished social media claims that club president Pedzisai Sakupwanya channelled US$100,000 to Simba Bhora FC under the guise of sponsoring their CAF Champions League campaign.The spe...

By Staff reporter | Published: 18 September 2025

SOCCER

Scott Sakupwanya gives Simba Bhora US$100k

Simba Bhora has received a major financial boost ahead of their maiden appearance in the CAF Champions League, with Scotland FC president Scott Sakupwanya donating US$100,000 to support the Shamva-bas...

By Staff reporter | Published: 17 September 2025

POLITICS

Mnangagwa meets former US envoy Simbi Mubako

President Mnangagwa yesterday held back-to-back engagements at State House, first meeting academic and Zimbabwe's former Ambassador to the United States, Professor Simbi Mubako, before hosting Apostle...

By Staff reporter | Published: 08 August 2025

SOCCER

Simba Bhora strengthens amid Scotland heat

The Zimbabwean Premier League title race is boiling over with intensity as Simba Bhora FC and Scotland FC go head-to-head in what is shaping up to be one of the most thrilling campaigns in recent memo...

By Staff reporter | Published: 30 July 2025

POLITICS

Masimirembwa under intense scrutiny over Tagwirei vehicle donations

ZANU-PF Harare Province chairperson Godwills Masimirembwa is under intense scrutiny following allegations that his executive accepted a fleet of vehicles from controversial businessman Kudakwashe Tagw...

By Staff reporter | Published: 09 July 2025

SOCCER

Simba Bhora suspension blow

Simba Bhora's squad depth will be put to the test this Saturday at Wadzanayi Stadium when they take on ZPC Kariba, missing key players Isheanesu Mauchi and William Thole due to suspension.The reigning...

By Staff reporter | Published: 03 July 2025

INDUSTRIALS & ENERGY

Simbisa targets accelerated network expansion

Zimbabwe's leading quick-service restaurant group, Simbisa Brands, is ramping up its expansion and customer experience initiatives in the final stretch of its financial year ending June 30, 2025, with...

By Staff reporter | Published: 21 May 2025

ZSE TODAY

Stocks back in negative territory on Simbisa, Innscor

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...

By Staff reporter | Published: 22 April 2020

MINING & RETAIL

Simbisa Brands shifts focus to growing regional operations

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 ...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Simbisa suffers exchange rate loss

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...

By Staff reporter | Published: 10 October 2019

MINING & RETAIL

Simbisa Brands slashes prices

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...

By Staff reporter | Published: 04 July 2019

BUSINESS NEWS

Government starts simplifying tax system

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...

By Staff reporter | Published: 26 April 2019

OPINION

Legality of blocking the Internet simplified

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...

By Miriam Tose Majome | Published: 19 January 2019

INDUSTRIALS & ENERGY

Simbisa Brands discounts US$ customers

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...

By Staff reporter | Published: 21 December 2018

BUSINESS NEWS

Simbisa Brands implements two-tier pricing model

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...

By Staff reporter | Published: 20 December 2018

MINING & RETAIL

Simbisa makes executive changes

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...

By Staff reporter | Published: 04 December 2018

INDUSTRIALS & ENERGY

Simbisa shelves LSE listing plans

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...

By Staff reporter | Published: 26 November 2018

INDUSTRIALS & ENERGY

Musimboti cashes in on drugs crisis

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 ...

By Staff reporter | Published: 19 November 2018

INDUSTRIALS & ENERGY

Simbisa postpones LSE listing

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 ...

By Staff reporter | Published: 30 September 2018

INDUSTRIALS & ENERGY

Simbisa's profits surge 139% in FY2018

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...

By Staff reporter | Published: 27 September 2018
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