USD sales buoy Simbisa

217

VICTORIA Falls Stock Exchange (VFEX)-listed fast-food and quick-service restaurant operator Simbisa Brands has reported that 80 percent of its sales are in foreign currency, a strategy that has insulated its operations from the ongoing liquidity crunch in the economy.In a trading update, chief executive, Basil Dionisio explained that to counter the devaluation of the ZiG…