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Starafrica Corporation Limited (Zimbabwe)

Main Activities: Sugar Manufacturing | Management of Companies and Enterprises
Full name: Starafrica Corporation Limited Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Star Africa Corp Ltd., formerly Zimbabwe Sugar Refineries Ltd., is a manufacturer and distributor of food and other products in Africa. Its diversified businesses include sugar refining and production of special sugar-based products (syrups, caramel); general wholesale through Red Star Wholesalers; bulk haulage through Bluestar Transport; flexible packaging manufacture through Polyfilm Plastics, Highfield Bag and Kabwe Industrial Fabrics Ltd (a Zambian subsidiary), and general engineering through Arthur Garden Engineering and tire re-treading through Marathon Retreads. The food business includes Gold Star Sugars and Country Choice. The wholesale and retail business comprises Red Star, Advance and Spar Western. The packaging business unit includes Polyfilm Plastics and Highfield Bag. Its other businesses include property companies, the engineering businesses of Arthur Garden and Marathon Tyres, and transport business of Blue Star Transport in Zimbabwe and ZSR Transport in South Africa.

Headquarters
45 Douglas Road, Workington, P O Box 2076
Harare; Harare;

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Website: http://www.starafricacorporation.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1935
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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60.35%
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33.26%
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1.42%
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0.61%
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0.16%
Subsidiaries
Red Star Holdings Limited
Safariland Investments (Private) Limited
Silver Star Properties (Private) Limited
Company Performance
Financial values in the chart are available after Starafrica Corporation Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ZWL. Absolute financial data is included in the purchased report.
Net sales revenue
380.68%
Total operating revenue
383.68%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
N/A
Total assets
585.39%
Total equity
195.53%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
31.02%
Quick Ratio
-0.77%
Cash Ratio
-0.09%

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