Business

Simbisa braces for fast-food tax

NewsDay Staff ·

Simbisa braces for fast-food tax

FAST-FOOD outlet, Simbisa Brands Limited (Simbisa) is working to minimise the cost impact of the newly-introduced fast-food tax that went into effect at the start of the year.

In the 2025 National Budget released last November, Treasury introduced a slew of new taxes, including a fast foods tax of 0,5% of the sale value of the food sold at fast-food restaurants and outlets.

The new tax is set to affect Simbisa, the country’s largest fast-food company with 339 stores across Zimbabwe as of last year.

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