bb_company_identity

COMPANY IDENTITY

Our Business

bb_dotted_line

The QSR Business opened its inaugural Chicken Inn outlet in Harare, Zimbabwe in 1987. Following the opening of the original Chicken Inn, the QSR Business has expanded phenomenally with the addition of new brands and the franchising of existing brands.

 

In 1998 Innscor listed on the ZSE, utilising the QSR Business to spread its footprint into Africa as a diverse Pan-African operation. In the process QSR outlets were opened in Zambia, Kenya and Ghana.

 

Since then the QSR Business has grown to own and franchise outlets all across Africa, including Zimbabwe, Zambia, Kenya, DRC, Ghana, Malawi, Namibia, Botswana, Mauritius, Swaziland and Lesotho.

A major factor contributing to the success of the company is the strategic and well thought out location of its outlets.

Simbisa stores can be found along busy track routes, in central business districts, in urban areas as well as food courts; all these locations ensure consistent access to large volumes of consumers.

 

The company is unique in that it not only owns the IPR’s of the brands within its portfolio, but also owner-operates the outlets of the QSR brands. Furthermore, Simbisa owns the master license to other successful brands such as Galito’s Africa, Nando’s (Zimbabwe only), Steers (Zimbabwe only), and Vida E Caffé.

 

On 5th August 2015 Simbisa was incorporated as a wholly owned subsidiary of Innscor. Effective 1st October 2015 Simbisa acquired, through a scheme of reconstruction, all the assets and liabilities of the QSR Business from Innscor in exchange for 541,593,440 shares in the company.

The Industry

bb_dotted_line

Simbisa is a leading market player within 11 countries in which it operates, with 190 counters across Zimbabwe and 228 counters in the region with a record customer base of over 46 million consumers per annum.

p_handgraph

Vision & Mission

bb_dotted_line
p_vision_mission

Vision

 

To create value for our customers, our people and our shareholders through our brands.

Mission

 

To empower our people, to always deliver best in class restaurant experiences to our valued customers .

Our Beliefs

bb_dotted_line

People

We connect with and employ people who embody the values of the company: integrity and accountability. People who can be relied upon, people with the resilience to face a highly competitive market and who are passionate about the Simbisa Brands Vision.

Performance

To sustain a profitable business model performance is a key area of focus. We believe in an uncomplicated approach with emphasis on getting the basics right first. To push beyond comfort zones by investing whole-heartedly in the business.

Growth

We continue our organic growth by constantly developing on our approach and learning as we expand.

Quality & Service

The level of service we provide to both customers and stakeholders alike is of utmost importance to us. We believe in staying at the cutting edge of industry standards through consistent innovation.

Community

As a Multinational Company, Simbisa is duty-bound to establishing a socially responsible approach that is environmentally conscious and committed to making a positive impact on the community.

Board of Directors

bb_dotted_line

Executives

Basil Dionisio

 

Zimbabwean born and raised, Basil has been with Simbisa since its inception and is a founder shareholder. Basil has an exceptional understanding of the African market as well as extensive operational knowledge of Simbisa’s business processes which has led to the instrumental success of the Group’s regional fast food expansion programme. He has also played a key role in establishing the Group’s culture and value system.

 

Beginning as an Operations Manager for Chicken Inn, Basil has also served as the Executive Director of quick service restaurants for Simbisa, as Chief Executive Officer for Bakeries and Fast Foods as well as the Executive Director of the company. Basil’s responsibilities have included Spar, Baker’s Inn, Manufacturing and quick service restaurants. Currently, he is the board member of the Finance and Investment Committee and focuses his efforts on the quick service restaurant business in Zimbabwe and across the greater African region.

Salim Eceolaza

 

Salim is a qualified chartered accountant and holds a Bachelor of Commerce in Financial Accounting from the University of Cape Town.

 

As co-founder of Inter-Horizon Securities (Pvt) Limited (IH Group), Salim originally served as the Group Finance and Operations Director and is currently an Executive Director of the Group. Prior to this he spent three years at KPMG LLP in London, working in their Investment Management and Funds department where he was responsible for providing assurance & advisory services to a portfolio of hedge fund and investment management clients.

 

Foregoing his time at KPMG, Salim worked for PricewaterhouseCoopers Inc, in New York in their Alternative Investments department and for PricewaterhouseCoopers Inc, in Zimbabwe in their Audit and Risk Services department.

Manoli Vardas

 

Manoli Vardas’ career in quick service Restauranteering started with his appointment to the position of Training and Operations Manager at Steers Holdings (now Famous Brands) in 1992. During his time at Famous Brands Vardas performed various brand leadership roles including that of Regional Managing Director for the Kwa-Zulu Natal and Eastern Cape Regions. His brand portfolios included Steers, Debonairs Pizza, Fishaways, House of Coffees, Brazilian, Longhorn Steakhouse and Church’s Chicken.

 

Currently he serves as the primary custodian of the following brands’ intellectual property: Chicken Inn, Pizza Inn, Creamy Inn, Bakers Inn, Fish Inn, Vasilis Deli Cafe, Kidz Zone, Galito’s, Steers.

 

Vardas’ role within SIMBISA is the CEO of SIMBISA Brands International Franchising, and SIMBISA Brands Zimbabwe Franchising. He oversees a vast territory including franchised markets in Swaziland, Malawi, Lesotho, Namibia and Botswana.

Leighton Shaw

 

Leighton is an MBA graduate with 23 years’ experience in Operations Management and Business Development within corporate environments in Africa, encompassing South Africa, Kenya, Zambia, Zimbabwe, Mauritius, Mozambique, Ghana, Senegal, Nigeria and the Democratic Republic of Congo.

 

Currently, Leighton is the incumbent Operations Director of Simbisa Retail Africa Limited and his responsibilities include operational and financial performance for the quick service restaurants, bakery production, wholesale and retail as well as for convenience store businesses in Kenya, Zambia, Ghana, Democratic Republic of Congo and Mauritius, together with overseeing the growth in these markets and future potential markets. 

Non – Executives

Addington  Bexley Chinake

 

Addington Chinake is the Chairman for Simbisa Brands. He has been in practice since 1993. He has been with the ‘Messrs Kantor and Immerman’ firm since 1994. In 2000, Addington became a Managing Partner and is currently the Senior Partner.

 

He has specialized in corporate, commercial and business law including mining and competition law as well as all aspects of tax law and litigation, mergers and acquisitions, LBOs and capital raising. He is a former Non-Executive Director of four Zimbabwe Stock Exchange (ZSE) listed companies and holds the position of Deputy Chairman at Murray and Roberts Zimbabwe Limited.

 

Addington is a trustee of the National Gallery of Zimbabwe and a resource person to the Law Society of Zimbabwe, and a recognised mediator. He has published articles for the Zimbabwe Independent Newspaper (Annual Quoted Companies Survey) and The Zimbabwe Stock Exchange Hand Book as well as acted for a significant number of Fortune 100 Companies who have operations in Zimbabwe and the region.

 

In 2010, he was involved in a number of significant FDI Transactions including handling a bank merger on the ZSE, the biggest single FDI investment by an investment bank in a Zimbabwean company and a number of other multi- million dollar acquisitions, which included disposals by foreign companies of equity in ZSE listed entities and Greenfield mining projects. He has been headhunted as Zimbabwe’s Counsel by international law firms who have business interests in Zimbabwe and thus he has continued to attract important corporate mandates in Zimbabwe and within the SADC region.

Zinona Koudounaris

 

Zimbabwean born Zinona (Zed) Koudounaris completed his tertiary education at Rhodes University in South Africa, where he attained a Bachelor of Commerce degree, majoring in Business and Computer Sciences.

 

Zed is a founder shareholder of Simbisa and was the driving force behind the initial creation and success of Simbisa’s core fast food brands. Zed has held a number of positions with Simbisa, including Chief Executive Officer upon the Group’s listing in 1998. Zed remains highly active in pursuing growth opportunities for the Group as well as providing guidance to its management team.

Amit Gupta

 

Amit Gupta is the Audit Committee Chairman for Simbisa. He is a qualified chartered accountant and a law graduate from India who holds 18 years of varied experience. In 1997 Amit started his career with audit. He then moved on to tax advisory and litigation, representing clients at various appellate stages in the High Court. He has worked with KPMG, E&Y and PwC on tax litigation, mergers and acquisition, International tax structuring as well as handled Commercial law and advisory matters. In 2009, Amit Joined Abax Corporate Services, one of the largest management companies’ in Mauritius, as a Senior Executive and moved on to become Chief Operating Officer in July 2012. In addition to heading operations at Abax, Amit also advised on all legal & compliance issues as well as functional tax requirements.

 

Throughout his career Amit has acted as an advisor to several large MNCs, listed companies and start-ups on various aspects of their business, tax and structuring needs. He is an Independent Director on Board of several large companies and funds as well as participated and lead several strategic initiatives, while acting as director or advisor, including restructuring business models, moving presence for achieving better operational efficiencies and especially for entities doing business across African countries.

 

Recently, Amit started his own advisory firm that focuses on Business consulting which includes services such as operational efficiency, structural efficiency, tax advisory and structuring, and commercial legal matters.

Johnny Tomazos

 

Johnny Tomazos became CEO of Food Fund International (FFI) in April 2013, after serving as Head of International Development. The son of the founder and now chairman Costa Tomazos, he is leading the evolution and expansion of the company’s flagship steakhouse brand The Meat Co. and the launch of its revolutionary new Bentley Bistro & Bar and Eat Greek brands. The business graduate has made huge strides with FFI’s growth strategy in his first year of office.