starafricacorporation Ltd

SACL.ZI – ZIMBABWE STOCK EXCHANGE

Business Description

Zimbabwe Food Processing Consumer Staples

Starafricacorporation Limited is a Zimbabwe-based holding company. The Company is engaged in the production, purification, marketing and distribution of sugar products as well as the manufacturing of sugar specialty products, grocery and snack products. The Company's segments are food and properties. The food segment is engaged in manufacturing of sugar products. The property segment manages offices, manufacturing and residential premises. The Company's business portfolio and products include Goldstar Sugars and Country Choice Foods. The Company markets Goldstar white sugar throughout Zimbabwe and regional markets in Southern Africa. The Country Choice Foods is a manufacturer and distributor of sugar specialty products, such as castor sugar, icing sugar, syrups as well as sweeteners, pure honey and snacks. The Company’s industrial sugar are marketed in approximately one ton’s bags, as well as its table sugar products are marketed in smaller pack sizes to retail and hospitality sectors.

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