starafrica corporation overdraft overshoots

It acquired this debt and ran its overdraft to ease working capital pressure. Revenue was negatively affected by the company’s Goldstar Sugar brand which saw a 41% fall in volumes.
By Tafadzwa Mhlanga Feb. 2, 2024

Retrenched starafrica workers refuse to go

United Food and Allied Workers Union of Zimbabwe general secretary Adoniah Mutero confirmed seeing the letters and vowed to challenge the retrenchments.
By Tafadzwa Kachiko Sep. 20, 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

starafrica to focus on cost mitigation

This comes as the company announced that its products had become uncompetitive following an increase in prices by the sole supplier of raw sugar.
By Melody Chikono Feb. 21, 2023

Passion for cooking inspires Marange

So he then said come through, learn the corporate world and when you learn the corporate world you can then move on. 
By In Conversation With Trevor Feb. 12, 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