The RBZ released a statement to the public notifying them that Innbucks has been ordered to seize operations as a money transfer service. Simbisa Brands has also released a statement on their Twitter account. In the statement, Simbisa Brands informs the public it is engaging with the RBZ in respect of Innbucksâ ADLA license. Simbisa… Continue reading Simbisa Brands Engages With RBZ To Reverse Innbucks Ban
Tag: Simbisa Brands
RBZ Cracks Down On Innbucks, Metbank Limited And Rolink Finance
The Reserve Bank Of Zimbabwe (RBZ) has officially issued statements notifying the public that Innbucks, Metbank and Rolink Finance have violated a variety of regulations. Innbucks The RBZ has ceased Innbucks from operating as a money transfer service provider with immediate effect citing their inability to regulate the service as directed by the bank last… Continue reading RBZ Cracks Down On Innbucks, Metbank Limited And Rolink Finance
Simbisa Brands Reports 54% Revenue Growth
Almost everyone in Zimbabwe is familiar with the brand names âChicken Innâ, âPizza Innâ, âFish Innâ, âRocco Mammaâ, “Creamy Inn”, âOcean Basketâ, âBakers Innâ, âSteersâ “Nando’s”, all under Simbisa Brands. Simbisa formerly known as Innscor revenues rose by 54% ($16.9 billion) during the half-year ended December 31, 2021. The group said it would focus on… Continue reading Simbisa Brands Reports 54% Revenue Growth