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.
|Last Trading Results||Growth & Valuation|
|Opening Price:||--||Earnings Per Share:||0.135407|
|Day's Low Price:||--||Price/Earning Ratio:||2.21|
|Day's High Price:||--||Dividend Per Share:||0.000049|
|Traded Volume:||1,148,600||Dividend Yield:||0.02%|
|Number of Deals:||--||Shares Outstanding:||4.72b|
SACL Stock Market Performance
The current share price of Star Africa Corporation Limited (SACL) is ZWL 0.2999. The SACL stock closed its last trading day (Tuesday, January 26, 2021) at 0.2999 ZWL per share on the Zimbabwe Stock Exchange, recording a 2.15% gain over its previous closing price of 0.2936 ZWL. SACL began the year with a share price of 0.27 ZWL and has since gained 11.07% on that price valuation, ranking it 34th on the ZSE in terms of year-to-date performance. Shareholders will be pleasantly optimistic about SACL knowing that the stock has accrued 12.07% over the past four-week period alone. The table below details the last 10 trading days of activity of Star Africa Corporation Limited on the Zimbabwe Stock Exchange.
Profile of Star Africa Corporation Limited
Star Africa Corporation Limited operates in the Consumer Goods sector, specifically, the Food Production industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
|Factsheet of Star Africa Corporation Limited|
No. 45 Douglas Rd., Workington, PO Box 396, Southerton, Harare, Zimbabwe
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 gives you an overview of the market standing of the top 10 by year-to-date performance.
|Code||Name||Mkt. Cap.||L. Price||YearTD|
|DZL||Dairibord Holdings Limited||7.73b||21.6000||+96.9%|
|DLTA||Delta Corporation Limited||52.87b||41.1623||+74.9%|
|SEED||Seed Co Limited||9.91b||40.0818||+60.0%|
|BAT||British American Tobacco Limited||18.02b||873.3300||+58.8%|
|SIM||Simbisa Brands Limited||11.12b||19.7806||+49.8%|
|HIPO||Hippo Valley Estates Limited||22.51b||116.6081||+29.3%|
|ARIS||Ariston Holdings Limited||2.62b||1.6125||+20.3%|
|NTFD||National Foods Holdings Limited||4.93b||72.1000||+20.0%|
|PHL||Padenga Holdings Limited||13.90b||25.6741||+10.1%|
|NTS||National Tyre Services Limited||69.69m||0.2745||+0.00%|