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starafricacorporation Ltd
No. 49 Douglas road Workington
Phone: +263 4661592p:+263 4661592 HARARE, Zimbabwe Ticker: SACLSACL
Business Summary
Starafricacorporation Limited is a Zimbabwe-based holding company. The Company is engaged in the production, purification, marketing and distribution of sugar products as well as the manufacturing of sugar specialty products, grocery and snack products. The Company's segments are food and properties. The food segment is engaged in manufacturing of sugar products. The property segment manages offices, manufacturing and residential premises. The Company's business portfolio and products include Goldstar Sugars and Country Choice Foods. The Company markets Goldstar white sugar throughout Zimbabwe and regional markets in Southern Africa. The Country Choice Foods is a manufacturer and distributor of sugar specialty products, such as castor sugar, icing sugar, syrups as well as sweeteners, pure honey, and snacks. The Company’s industrial sugar is marketed in approximately one ton’s bags, as well as its table sugar products are marketed in smaller pack sizes to retail and hospitality sectors.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/20243/31/2023Yes----

Industries
SIC Code Description
2061 Cane sugar, except refining
6531 Real estate agents and managers

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Acting Non-Executive Chairman of the Board Rungamo J.Mbire 7/22/2021
Chief Executive Officer RobsonNyabadza 2/1/2022
Finance Director, Executive Director, Acting Company Secretary Formai M.Myambuki 1/1/2024 2/1/2022
11 additional Officers and Directors records available in full report.

Business Names
Business Name
SACL
StarAfrica Corporation Limited
ZSR- Zimbabwe Sugar Refineries Ltd

General Information
Number of Employees: 470 (As of 3/31/2014)
Outstanding Shares: 4,808,662,335 (As of 3/31/2024)
Shareholders: 2,660
Stock Exchange: ZIM


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Friday, November 22, 2024