African Stock Exchanges

SACL - Star Africa Corporation Limited

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SACL share price on Zimbabwe Stock ExchangeSACL share price on Zimbabwe Stock Exchange

Founded in 1935 as Rhodesia Sugar Refinery (and later Zimbabwe Sugar Refinery), the company has grown to become a diversified conglomerate listed on the Zimbabwe Stock Exchange. The brands consist of the food, industrial and property divisions. Today, Star Africa's strategic business units comprise of Goldstar Sugars (market leader with its Goldstar sugar brand), Highfield Bag and Polyfilm Plastics (manufacturers and marketers of flexible packaging materials targeting mostly the food and beverage industries), Country Choice Foods (manufacturers and distributors of sugar specialty products such as caster, icing, syrups, old-fashioned brown sugar and treacle), and Silver Star Properties—a property company with a wide range of commercial and industrial buildings under its portfolio. In 2002, Tate & Lyle (UK) Plc divested its interest in Zimbabwe, through a management buyout resulting in localization of ZSR Corporation Limited. Four years later, in 2006, ZSR Corporation rebranded as Star Africa Corporation limited.

SACL1.23 ▴ 0.0004 (0.03%)
12 hours ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume378,300
Number of Deals
Gross Turnover465,309.00
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding4.7B
Market Capitalization5.78B
Monetary values are quoted in Zimbabwe Dollar (ZWL) unless otherwise stated

SACL Stock Market Performance

1WK4WK3MO
+2.97%-10.9%-34.1%
6MO1YRYTD
+17.4%+317%+356%

The current share price of Star Africa Corporation Limited (SACL) is ZWL 1.23. SACL closed its last trading day (Monday, December 6, 2021) at 1.23 ZWL per share on the Zimbabwe Stock Exchange (ZSE). Star Africa began the year with a share price of 0.27 ZWL and has since gained 356% on that price valuation, ranking it 25th on the ZSE in terms of year-to-date performance. Investors should, however, take caution of SACL’s recent poor performance, having lost 11% of its value in the past four weeks.

Star Africa Corporation is the #1 most traded stock on the Zimbabwe Stock Exchange over the past three months (Sep 8 - Dec 6, 2021). SACL has traded a total volume of 2.78 billion shares valued at ZWL 4.96 billion over the period, with an average of 44.1 million traded shares per session. A volume high of 2.76 billion was achieved on September 15th, and a low of 12,100 on November 1st, for the same period. The table below details the last 10 trading days of activity of Star Africa on the Zimbabwe Stock Exchange.

DateVolumeCloseChangeChange%
2021-12-06378,3001.23+0.0004+0.03%
2021-12-0367,2581.2296+0.0096+0.79%
2021-12-02355,6001.22+0.0459+3.91%
2021-12-0175,4001.1741+0.0188+1.63%
2021-11-30184,9001.1553-0.0392-3.28%
2021-11-29460,0001.1945-0.0141-1.17%
2021-11-26497,2001.2086-0.0680-5.33%
2021-11-25124,3001.2766+0.0593+4.87%
2021-11-2450,0001.2173+0.0162+1.35%
2021-11-23198,7001.2011

Profile of Star Africa Corporation Limited

Star Africa Corporation Limited operates in the Consumer Goods sector, specifically, the Food Production industry.

Factsheet of Star Africa Corporation Limited
Sector:
Consumer Goods
Industry:
Food Production
Address:
No. 45 Douglas Rd., Workington, PO Box 396, Southerton, Harare, Zimbabwe
Telephone:
+263-772-233-136, +263-772-233-137
Email:
marketing@starafrica.co.zw
Website:
www.starafricacorporation.com

SACL Industrial Market Competitors

Star Africa Corporation Limited, issuers of the SACL stock on the Zimbabwe Stock Exchange, have a number of market competitors who are also engaged in the Consumer Goods sector and/or Food Production industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.


Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Stock Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

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