Three Simbisa brands cashiers were found guilty of defrauding the company of varying amounts in foreign currency and ordered by a magistrate to perform hours of community service.
The three cashiers were all employed at various Simbisa Brands outlets in the city of Bulawayo.
Simbisa Brands run fast food outlets throughout the country such as Chicken Inn, Baker’s Inn, Pizza Inn and Nandos.
The three defrauded the company of thousands of dollars through a well-planned scheme whereby they would pocket foreign currency from sales and replace it with RTGS dollars.
It was revealed in court that the employees would collect the amount after their shift and change it on the streets at a higher value and pay the company while keeping the balance.
The scam was only discovered when the supervisors noticed irregularities in the accounting system.
One of the cashiers, Sandra Masangudza stole US$1 203,85. She worked at Chicken Inn opposite Tredgold Building.
She appeared before Bulawayo magistrate Miss Nomasiko Ndlovu last week who ordered her to restitute the company the money and perform community service.
More: Sunday News
Simbisa Brands is a fast food outlet company in Africa with its roots in Zimbabwe. The company was a subsidiary of the Innscor Africa Limited group until 2015 when it was unbundled and listed seperately on the Zimbabwe Stock Exchange. Read More About Simbisa Brands
Zimbabwe RTGS Dollars are a Zimbabwean currency introduced on 20 February 2019 by the Reserve Bank of Zimbabwe. At introduction, the currency consisted of existing RTGS balances in bank accounts, Bond Notes cash and Bond Coins. The introduction of the RTGS Dollars was announced by... Read More About RTGS Dollars
Chicken Inn is a fast food brand in Zimbabwe. The brand is operated by Simbisa Brands group of companies alongside other fast food brands like Creamy Inn, Bakers Inn and Pizza Inn. In 2018, Simbisa had 86 Chicken Inn francise outlets across Africa, including Kenya,... Read More About Chicken Inn