Search results for 'fast food'
Zimbabwe
Tax Net Widens: 2025 Budget Introduces New Levies on Sports Betting, Informal Traders, Fast Foods and More

As the government grapples with the challenge of raising capital amid significant debt levels that hinder access to credit and strained diplomatic relations with Western nations, it has shifted its fo

Nov 29, 2024
Zimbabwe
ZIMRA Set Guidelines for Fast Food, Plastic Bag Taxes

The Zimbabwe Revenue Authority (ZIMRA) has established guidelines for tax return deadlines related to disposable plastic bags and fast food sales. These guidelines follows the 2025 budget presentatio

Feb 11, 2025
Companies
Tax Tactics: Simbisa Brands Reveals Strategy to Minimize Fast-Food Tax Hit

Simbisa Brands Limited, a leading fast-food outlet listed on the Victoria Falls Stock Exchange, is set to enhance supply chain efficiencies and negotiating with suppliers on raw material prices as par

Feb 28, 2025
Zimbabwe
Tackling NCDs: How Effective Are the Government's Measures So Far?

Zimbabwe remains a highly informalised economy, severely affected by high unemployment rates that have driven millions to pursue livelihoods through self-employment and small-scale enterprises. One o

Jan 22, 2026
Companies
Simbisa’s Big Run: US$85 Million Revenue Growth Faces Margin Test

Simbisa Brands, Zimbabwe's largest quick service restaurant operator, closed the third quarter of 2026 financial year with group revenue of US$85.3 million, up 23% year on year, driven by a 14% increa

May 18, 2026
Zimbabwe
From Hunger to Obesity: Zimbabwe Launches Nutrition Strategy to Tackle New Dietary Challenges

Zimbabwe has approved the Nutrition Financing Strategy on 30 June 2026, presented by Vice President General (Rtd) Constatino Chiwenga as Chairperson of the Cabinet Committee on Food Security and Nutri

Jul 01, 2026
Companies
Simbisa Absorbs US$2.1m Fast Food Tax as Zimbabwe Drives 72% of Group Revenue

Simbisa Brands, Zimbabwe’s largest fast food operator and a pan African quick service restaurant group with operations in Zimbabwe, Kenya and Eswatini and franchised outlets across six other African m

Sep 29, 2026
Companies
Simbisa Turns Kenya Traffic Growth into Higher Earnings

Simbisa Brands, Zimbabwe’s largest quick service restaurant group with operations across Zimbabwe, Kenya and Eswatini and 130 franchised stores across six other African markets, increased revenue from

Sep 29, 2026

Top Stories

Zimbabwe's Mineral Processing Rules Face COMESA Regional Integration Test

Zimbabwe’s ambition to develop regional mineral-processing industries faces a significant policy test after President Emmerson Mnangagwa committed the country’s COMESA chairmanship to accelerating ben

Oct 22, 2026

Zambia's Izwe Loans Profits Rise 26% on Fee Income, Zim's Banks Face Tighter Charges

Zambia's Izwe Loans Zambia has recorded a 26% increase in profit after tax to K112.2 million (approximately US$6.23 million) for the six months ended 30 June 2026, supported by a near doubling of fee

Oct 22, 2026

Zimplow’s Implement Export Volumes Overtake Local Sales Amid 2027 Drought Risks

VFEX-listed Zimplow Holdings has recorded a US$1.54 million turnaround in pre-tax earnings for the nine months ended September 2026, supported by stronger margins, improved stock availability and a sh

Oct 22, 2026

Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers

Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance

Oct 22, 2026

Zimbabwe Hosts COMESA Heads of State Summit, Mnangagwa to Lead Regional Economic Bloc

Zimbabwe is hosting the 25th Common Market for Eastern and Southern Africa (COMESA) Heads of State and Government Summit today, 22 October 2026, at the New Parliament Building in Mt Hampden, with Pres

Oct 22, 2026

IMF Research Exposes Cost of Broad Subsidies Ahead of Zimbabwe's 2027 Budget

Zimbabwe’s preparation of the 2027 National Budget faces a difficult fiscal calculation as new International Monetary Fund research finds that broad food subsidies can cost approximately six times as

Oct 21, 2026

Cassava Enters World Bank Plan for Affordable African AI

The World Bank Group launched its first digital strategy on 20 October, setting out a financing and policy framework for developing countries to expand affordable connectivity, digital services, skill

Oct 21, 2026

Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure

Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa

Oct 21, 2026