CONSTRUCTION & PROPERTY

Masimba foretells infrastructure boom, strong earnings

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...

By Staff reporter | Published: 17 September 2018

INDUSTRIALS & ENERGY

Simbisa to open more outlets in Kwekwe

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...

By Staff reporter | Published: 04 June 2018

BUSINESS NEWS

Employees sue Simms over $122 194 salary arrears

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...

By Staff reporter | Published: 01 June 2018

OPINION

Change of vehicle ownership simplified

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...

By zimra | Published: 10 May 2018

TRANSPORT & TOURISM

Zimbabwe tourism on the rebound, says Mupfumira

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...

By Staff reporter | Published: 04 May 2018

OPINION

Zim leaders must simply fix health care system

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...

By Staff reporter | Published: 23 April 2018

CONSTRUCTION & PROPERTY

Masimba projects cautious outlook

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...

By Staff reporter | Published: 03 April 2018

BUSINESS NEWS

Mnangagwa to simplify import, export processes

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 ...

By Staff reporter | Published: 23 March 2018

MINING & RETAIL

Simbisa Brands gets AIM secondary listing nod

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...

By Staff reporter | Published: 22 March 2018

POLITICS

Parly grills Masimirembwa over $6 million bribe

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...

By Staff reporter | Published: 21 March 2018

BUSINESS NEWS

Zim, Kenya operations boost Simbisa revenue

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...

By Staff reporter | Published: 13 March 2018

INDUSTRIALS & ENERGY

Simbisa expansion tipped to bear fruit

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 ...

By Staff reporter | Published: 20 February 2018

INDUSTRIALS & ENERGY

Simbisa garners for UAE fast food chain

THE Zimbabwe Stock Exchange-listed quick service operator, Simbisa Brands, is seeking to acquire the United Arab Emirates-based fast food group, Foodfund.Last month, Simbisa also announced that it was...

By Staff reporter | Published: 19 February 2018

INDUSTRIALS & ENERGY

Simbisa eyes international acquisition

Quick service restaurant (QSR) group, Simbisa Brands Limited is looking to expand its business with the proposed acquisition of Foodfund Investments. Foodfund is a family owned business incorporated i...

By Staff reporter | Published: 15 February 2018

ANNOUNCEMENTS

SIM.zw | Notice of Extraordinary General Meeting and Circular to Shareholders

NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (EGM) of the Shareholders of SimbisaBrands Limited is to be held at Standards Association of Zimbabwe (Northend Close, Northridge Park, Bor...

By SIM | Published: 14 February 2018

ANNOUNCEMENTS

SIM.zw | Further Cautionary Statement

Shareholders are reminded that the Simbisa Brands Limited ("Simbisa" or "the Company") Board of Directors has approved, subject to Reserve Bank of Zimbabwe, other Regulatory approvals and shareholders...

By SIM | Published: 01 February 2018

ANNOUNCEMENTS

SIM.zw | Further Cautionary Statement

Shareholders are reminded that the Simbisa Brands Limited (Simbisa or the Company) Board of Directors has approved, subject to Reserve Bank of Zimbabwe, other Regulatory approvals and shareholders app...

By SIM | Published: 01 February 2018

ANNOUNCEMENTS

SIM.zw | Further Cautionary Statement

Shareholders are reminded that the Simbisa Brands Limited ("Simbisa" or "the Company") Board of Directors has approved, subject to Reserve Bank of Zimbabwe, other Regulatory approvals and shareholders...

By SIM | Published: 01 February 2018

POLITICS

Simba Makoni dumped

Mavambo/Kusile/Dawn (MKD) leader Simba Makoni has been dumped by some of his senior officials who described him as a failed politician.The officials, who have since formed their own party - Democratic...

By Staff reporter | Published: 17 January 2018

ANNOUNCEMENTS

SIM.zw | Further Cautionary Statement

Shareholders are reminded that the Simbisa Brands Limited ("Simbisa" or "the Company") Board of Directors has approved, subject to Reserve Bank of Zimbabwe, other Regulatory approvals and shareholders...

By SIM | Published: 15 January 2018

INDUSTRIALS & ENERGY

Simbisa seeks regulatory approval

THE Zimbabwe Stock Exchange (ZSE)-listed quick service restaurant business, Simbisa Brands is seeking regulatory approval for a secondary listing on the Alternative Investments Market in London as par...

By Staff reporter | Published: 10 January 2018

ANNOUNCEMENTS

SIM.zw | Further Cautionary Statement

Shareholders are reminded that the Simbisa Brands Limited ("Simbisa" or "the Company") Board of Directors has approved, subject to Reserve Bank of Zimbabwe, other Regulatory approvals and shareholders...

By SIM | Published: 29 November 2017

ANNOUNCEMENTS

SIM.zw | Further Cautionary Statement

Shareholders are reminded that the Simbisa Brands Limited ("Simbisa" or "the Company") Board of Directors has approved, subject to Reserve Bank of Zimbabwe, other Regulatory approvals and shareholders...

By SIM | Published: 29 November 2017

ANNOUNCEMENTS

SIM.zw | Notice of Annual General Meeting

Notice is hereby given that the Annual General Meeting of Simbisa Brands Limited will be held at Standards Association of Zimbabwe, Northend Close, Northridge Park, Borrowdale on 23rd November 2017 at...

By SIM | Published: 29 November 2017

ANNOUNCEMENTS

SIM.zw | Notice of AGM Postponement

Members are hereby advised of the postponement of the Annual General Meeting scheduled for 1 November 2017 at the Standards Association of Zimbabwe, Northend Close, Northridge Park, Borrowdale at 0900...

By SIM | Published: 29 November 2017
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