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starafricacorporation posts ZWL$679bn loss

He said the group will focus on improving operational efficiencies and reducing costs to return the business to profitability.
By Tafadzwa Mhlanga Jul. 10, 2024

Duty on basics: Govt misfires, again!

The administration argues that by lifting the emergency measures, it will preserve employment and make sure the nation has the foreign exchange that is vital to the growth of its economy.
By Mthandazo Nyoni Feb. 2, 2024

starafricacorporation profit falls, sugar imports blamed

Tongaat Hullet Botswana, which is an associate of the company recorded a profit of ZWL$2,65 billion.
By Tafadzwa Mhlanga Feb. 2, 2024

Starafricacorporation turnover up 30%

During the period under review, sales volumes of granulated sugar produced by Goldstar Sugars were stagnant, having been 82 500 tonnes sold in the prior year to 82 321 tonnes.
By Tafadzwa Mhlanga Sep. 8, 2023

Goldstar Sugars returns to production

The company’s sugar production unit, Goldstar Sugars halted production at its Harare plant on February 13, before cautioning investors a few days later, citing rocketing raw material prices.
By Rugare Mubika Feb. 23, 2023

Goldstar shuts down Harare sugar refinery

The increase in prices of raw sugar have made it difficult for the company to continue operations.
By Online Reporter Feb. 13, 2023

starafricacorporation posts $133,47m loss in H1

The firm reported profit after tax of $182,5 million in the comparative 2021 period.
By Rugare Mubika Dec. 22, 2022