Goldstar shuts down Harare sugar refinery

The country’s largest sugar producer Goldstar has closed its Harare refinery citing ‘an exorbitant rise’ in raw sugar prices.

In a statement on Monday, Goldstar Sugars commercial executive, Revesai Gwenhamo said the increase in prices of raw sugar have made it difficult for the company to continue operations.

Gwenhamo, however, said they had engaged suppliers for a way forward.

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