Simbisa Brands results of 4th Annual General Meeting

January 14th, 2020|

At its Fourth Annual General Meeting of members held at the Standards Association of Zimbabwe Building, Northridge Park, Borrowdale, Harare, on 22 November 2019 at 08:30 am, the following resolutions were tabled: RESOLUTIONS Ordinary Business To receive and consider the audited accounts for the financial year ended 30th June 2019 together with the report of [...]

Simbisa Brands Q1 2020 Trading Update: Group revenue up 455%

November 14th, 2019|

The Zimbabwe Stock Exchange (‘ZSE’) has authorised the issue of a Trading Update for Quarter 1 Interim Financial Reporting in lieu of compliance with rule 35 (5) of the ZSE Rules (Statutory Instrument 134 of 2019). Simbisa Brands Limited issues the following trading update for the first quarter ended 30 September 2019. Group Performance Simbisa [...]

Simbisa Brands declares a final dividend of ZWL0.91 cents per share

October 14th, 2019|

NOTICE IS HEREBY GIVEN that on 12 September 2019 the Board of Directors declared a final dividend of ZWL 0.91 cents per share payable out of the profits of the Group for the year ended 30 June 2019. The dividend will be payable in Zimbabwe dollars on or about 8 November 2019 to shareholders registered [...]

Simbisa Brands continues to grow market share, with 17 new counters opened in FY2019

October 9th, 2019|

Simbisa Brands Limited (SIM.zw) 2019 Abridged Report We have extracted the Chief Executive Officer's  Statement from the 2019 abridged report for Simbisa Brands Limited (SIM.zw), listed on the Zimbabwe Stock Exchange: In the financial year ended 30 June 2019, economic challenges continued in our largest market, Zimbabwe. The environment was marked by hyper-inflation, [...]

Simbisa Brands to delay publication of 2019 Audited Financial Statements

September 26th, 2019|

Simbisa Brands Limited (the ‘Company’) wishes to advise its valued shareholders, the investing public and other stakeholders that it shall delay publishing its audited financial statements for the financial year ended 30 June 2019. These were due for release at the end of September 2019, and will now be published on or before 15 October [...]

Simbisa Brands (Zimbabwe) increases same-store customers and average spend by 4% and 10% respectively

August 28th, 2019|

Simbisa Brands Limited (SIM.zw) HY2019 Interim Report We have extracted the Chief Executive Officer Statement from the 2019 half year interim report of Simbisa Brands Limited (SIM.zw), listed on the Zimbabwe Stock Exchange: TRADING ENVIRONMENT Macroeconomic challenges prevailed in the six months under review particularly in Zimbabwe where foreign currency shortages, public policy changes [...]

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