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.
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|Number of Deals:||0||Shares Outstanding:||518.47m|
SACL Market Performance
Profile of Star Africa Corporation Limited
Star Africa Corporation Limited operates in the Consumer Goods sector, specifically, the Food Production industry. The company is led by Regis Mutyiri as its Chief Executive Officer. The company's board of directors, chaired by Joseph S. Mutizwa, is composed of five members whose names are listed below.
- Mutizwa, Joseph S.
- Mutyiri, Regis
Chief Executive Officer
- Chiganze, Timothy
- Musamburi, Aldo
- Mbire, Rungamo J.
|Factsheet of Star Africa Corporation Limited|
No. 45 Douglas Rd., Workington, PO Box 396, Southerton, Harare, Zimbabwe
Industrial Stock Market Competitors
Star Africa Corporation Limited, issuers of the SACL stock on the Zimbabwe Stock Exchange, have two market competitors who are also engaged in the Consumer Goods sector and/or the Food Production industry. The table below gives you an overview of their market standing.
|Code||Name||Mkt. Cap.||L. Price||YearTD|
|SIM||Simbisa Brands Limited||302.06m||0.5425||+239.1%|
|DLTA||Delta Corporation Limited||1.56b||1.2500||+41.2%|