SACL - Star Africa Corporation Limited
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.
Star Africa Corporation Limited is listed on the Zimbabwe Stock Exchange (ZSE). Star Africa is traded on the ZSE under the ticker symbol “SACL”. The International Securities Identification Number (ISIN) of ZSE:SACL is ZW0009011991. Star Africa Corporation Limited is currently the 29th most valuable stock on the ZSE with a market capitalization of ZWG 159 million, which makes about 0.145% of the Zimbabwe Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 8,800 |
| Number of Deals | 2 |
| Gross Turnover | 297.56 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 4.72B |
| Market Capitalization | 159M |
SACL Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -13.3% | -24.9% | +2.08% |
| 6MO | 1YR | YTD |
|---|---|---|
| +4.69% | -32.4% | +34.7% |
The current share price of Star Africa Corporation Limited (SACL) is ZWG 0.033814. SACL closed its last trading day (Friday, August 7, 2026) at 0.033814 ZWG per share on the Zimbabwe Stock Exchange (ZSE), recording a 2.5% gain over its previous closing price of 0.0330 ZWG. Star Africa began the year with a share price of 0.0251 ZWG and has since gained 34.7% on that price valuation, ranking it 20th on the ZSE in terms of year-to-date performance. Investors should, however, take caution of SACL’s recent poor performance, having lost 25% of its value in the past four weeks.
Star Africa Corporation is the ninth most traded stock on the Zimbabwe Stock Exchange over the past three months (May 12 - Aug 7, 2026). SACL has traded a total volume of 5.38 million shares valued at ZWG 213,684.46 over the period, averaging a volume of 85,360 shares (valued at ZWG 3,392) per session. A volume high of 1.65 million was achieved on July 2nd for the same period. The table below details the last 10 trading days of activity of Star Africa on the Zimbabwe Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2026-08-07 | 8,800 | 0.033814 | +0.000814 | +2.47% |
| 2026-08-06 | 1,900 | 0.0330 | -0.005196 | -13.60% |
| 2026-08-05 | 1,016,000 | 0.038196 | +0.000216 | +0.57% |
| 2026-08-04 | 500 | 0.037980 | -0.001384 | -3.52% |
| 2026-08-03 | 15,900 | 0.039364 | +0.000382 | +0.98% |
| 2026-07-31 | 26,200 | 0.038982 | -0.000918 | -2.30% |
| 2026-07-30 | 1,300 | 0.0399 | -0.000081 | -0.20% |
| 2026-07-29 | 13,900 | 0.039981 | -0.000019 | -0.05% |
| 2026-07-28 | 125,300 | 0.04 | -0.002077 | -4.94% |
| 2026-07-27 | 3,100 | 0.042077 |
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
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 eight by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| TANG | Tanganda Tea Company | 2.43B | 4.619355 | +657% |
| DZL | Dairibord Holdings Limited | 1.66B | 4.64 | +144% |
| ARIS | Ariston Holdings Limited | 124M | 0.0760 | +141% |
| BAT | British American Tobacco Limited | 3.92B | 189.89 | +95% |
| AFDS | African Distillers Limited | 1.89B | 15.0010 | +66.9% |
| DLTA | Delta Corporation Limited | 43.6B | 32.366935 | +56.4% |
| SEED | Seed Co Limited | 1.26B | 4.953803 | +37.4% |
| HIPO | Hippo Valley Estates Limited | 2.07B | 10.75 | +31.6% |