Performance Highlights

FY 2022

Full Report

Customer counts grew 28.6% in FY2022 versus the prior year. Real average spend grew by 10.3% year-on-year. In inflation-adjusted ZWL terms, Group revenue grew 75.9% year-on-year, a very pleasing result, especially amid a challenging operating landscape.

Simbisa, FY2022 Revenue: +76%
Simbisa, FY2022 profit before tax: +156%
Simbisa, FY2022 Cash generated from operating activities (Inflation Adjusted): +342%

Simbisa means “to strengthen” and “to empower”. It is a Shona word that embodies a rally for strength and power to an object. The name represents what the business and its people stand for; the endeavour to create and sustain a strong and empowered brand that is recognised across all regions.

Simbisa Brands Limited

Simbisa Brands Limited is a focused group of light manufacturing businesses which, together with various strategically integrated agricultural operations, produce a number of Zimbabwe’s iconic brands in the consumer staple product space.

We manufacture consumer staple goods for the mass market through a managed, and where strategically appropriate, integrated portfolio of businesses.

View our Corporate Website

Company Information

Registered Name Simbisa Brands Limited (SIM.zw)
ISIN ZW 000 901 226 2
Ticker Code SIM.zw
Sector Food
Stock Exchange Zimbabwe Stock Exchange
Chairman Addington Chinake
Chief Executive Basil Dionisio
Company Secretary Prometheus Corporate Services (Private) Limited
Transfer Secretary Corpserve Registrars (Pvt) Ltd (zw)
Year End June
Year Founded 2015
Year Listed 2015