Simbisa declares strong profit growth

In its interim financial for the half year ended December 31, 2023, the company’s chairperson Addington Chinake said revenue rose by 7,4% to US$147,75 million.
By Tafadzwa Mhlanga Mar. 1, 2024

Simbisa to open new branch in ChiTown

The paper understands that hundreds of millions of dollars in capex has been set aside for the expansion of Simbisa’s brands.  
By Blessed Ndlovu Jan. 31, 2024

Low liquidity threatens Simbisa’s expansion drive

The chairperson added: “For the year ending June 30, 2024, Simbisa plans to open 92 new stores at a total cost of more than US$22 million.
By Belinda Chiroodza Oct. 30, 2023

Car enthusiasts head for Borrowdale Racecourse this Sunday

Speaking to NewsDay Life & Style, Meares said a number of local companies and individual car owners had confirmed their participation at the show.
By Winstone Antonio Apr. 14, 2023

US$ dividend for Simbisa shareholders, workers

According to forecasts by FBC Securities, VFEX will be the main destination for new listings this year after riding out economic storms in 2022.
By Freeman Makopa Apr. 4, 2023

First Capital Bank joins great trek to VFEX

In a notice on Friday, FCBL said further details about the impending listing on the VFEX would be made public once regulatory approvals are granted.
By Tatira Zwinoira Mar. 19, 2023

Top stock picks for 2023

We identify four stocks that exhibit one or more of these characteristics, namely Innscor Africa, Delta Corporation, Simbisa Brands, and Hippo Valley Estates.
By Tafara Mtutu Jan. 27, 2023

The peculiar case of Zimbabwe as an investment destination

The last time we visited Zimbabwe was in 2019 and the local Zimbabwe dollar had just been introduced (or reintroduced) following the dollarisation period.
By Cavan Osborne Dec. 23, 2022

Five counters account for 69% ZSE turnover

In email responses to questions from Standardbusiness, Bgoni said the ZSE’s turnover reached $126 billion during the period.
By Mthandazo Nyoni Dec. 18, 2022