17.1 C
Harare
Sunday, January 11, 2026
HomeBusinessSimbisa Reveals Massive Supply Chain and Tax Footprint in Latest Annual Report

Simbisa Reveals Massive Supply Chain and Tax Footprint in Latest Annual Report

Date:

Related stories

Moneybags to shape Zanu-PF succession politics

Zanu-PF-linked wealthy business figures and tenderpreneurs are likely to...

Cop arrested for possession of fake US$20 notes

Police have arrested a 34-year-old Harare man after he...

Prof. Gift Mugano Dumps Chamisa, Repositions Himself

HARARE – Zimbabwean economics professor Gift Mugano has publicly...

UK visa rule changes spark alarm among Zimbabwean care workers

More than 21 000 Zimbabweans have been granted Health...

NSSA loses bid to cancel US$10 million software deal

The National Social Security Authority (NSSA) has lost a...

New term, new rules: How Govt will track your child’s school

The opening of the 2026 first term will be...

Potatoes rising demand presents opportunities

The New Year brings a wealth of opportunities and...

HARARE – Simbisa Brands, the country’s largest quick-service restaurant group, has revealed the scale of its operations in its latest annual disclosures, highlighting the extensive supply chain, tax contributions and input requirements behind serving millions of customers each year.

The company, which operates leading fast-food outlets across Zimbabwe and the region, said it spent US$77.7 million on local suppliers during the financial year to June, underscoring its role as one of the largest corporate buyers in the domestic economy. A further US$9.9 million was paid to foreign suppliers, bringing its total supplier network to 678 businesses.

Simbisa remains one of the Zimbabwe Revenue Authority’s major contributors, paying US$23.1 million in taxes over the period, including US$2.6 million in IMTT, the intermediate money transfer tax levied on electronic transactions.

The company also disclosed the quantities of raw materials required to sustain its nationwide restaurant network. Each year, Simbisa purchases 12,118 tonnes of protein, mostly chicken, and 54,000 tonnes of starch, primarily potatoes used for chips and other menu items.

Its packaging requirements are equally significant. Simbisa uses 107 tonnes of paper, 198 tonnes of plastic and 198 tonnes of cardboard annually. The company said it has been reducing its dependence on plastics in line with environmental and regulatory shifts.

The figures highlight Simbisa’s deep linkages with local agriculture, manufacturing and logistics, and illustrate the operational scale required to maintain its position as Zimbabwe’s dominant fast-food operator.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

spot_img