Performance Highlights

2023 Annual Report

Simbisa Brands Limited has had a strong year, recording good overall revenue and EBITDA growth of 23% and 9%, respectively.

Simbisa, FY2023 Revenue: +22.7%
Simbisa, FY2023 Profit before tax: +1.7%
Simbisa, FY2023 Cash generated: -21.9%

A substantial investment pipeline, with 92 net new counters set to open in FY 2024, will drive growth and unlock shareholder value. In the short to medium term, the primary growth markets will be Kenya and Zimbabwe. However, Simbisa remains vigilant of new growth opportunities in existing and potential new markets and continues exploring business development options.

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.

Company Information

Registered Name Simbisa Brands Limited (SIM.vx)
ISIN ZWVX 090 1003 9
Ticker Code SIM.vx
Sector Food
Stock Exchange Victoria Falls 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 2022

3 Reasons to Invest in Simbisa Brands


As an African-focused restaurant company we serve over 56 million customers across 9 African countries in pursuit of our mission to empower our people to always deliver the best in class restaurant experiences to our valued customers.


Our well-known brands, high levels of service and loyal customer base is testimony to our understanding of the cultural differences associated with eating out in Africa and our strong management team’s track record of working in Africa.


We own and operate a portfolio of brands targeting consumers across all income categories, through our Casual, Fine Dining and Quick Service Restaurants. Strategic location ensures consistent access to large volumes of consumers.

Our Share Price in Action

Share Quote

-0.19 / -0.59%
Year to date  -12.57%
52 Week Change  -12.57%
52 Week Low 52 Week High
28.87 61.00

Latest Activity

Trade Date November 30, 2023
Bid 0.00
Ask 0.00
Sales USc 32.00
Volume Traded 157,110
Value Traded US$ 50.3K
Liquidity (12m) US$ 6.6M

Market Info