Performance Highlights

HY 2023

The Group opened 46 new counters between 31 December 2021 and 31 December 2022 to close with a total of 631 counters. We are on track to close this financial year with 680 counters.

Simbisa, HY2023 Revenue: +23%
Simbisa, HY2023 Profit before tax: +33%
Simbisa, HY2023 Cash generated: +45%

There are exciting prospects for the Group for the remaining six months of the current financial year ending 30 June 2023. The Group expects to open a further 49 stores to close the financial year with 680 stores. The Board will continue to invest any additional free cash generated in strategic assets to achieve the Group’s overall target growth trajectory.

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 / -0.48%
Year to date  8.77%
52 Week Change  8.77%
52 Week Low 52 Week High
28.87 61.00

Latest Activity

Trade Date September 28, 2023
Bid 0.00
Ask 0.00
Sales USc 39.81
Volume Traded 25,271
Value Traded US$ 10.1K
Liquidity (12m) US$ 5M

Market Info

Sector Food
Exchange Victoria Falls Stock Exchange
ISIN ZWVX 090 1003 9
Year End June
Founded 2015
Listed 2022
Chief Executive Basil Dionisio


Shares 562,184,788
Market Cap US$ 223.8M
P/E 5.33
Div. Yield 4.92%
EPS USc 7.47
P/B Ratio 3.21
EV / Ebitda 3.55

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