starafricacorporation| Publication of Abridged Financial Statements

July 1st, 2020|

We advise our stakeholders that the audit for the year ended 31 March 2020 is in progress and is targeted to be completed in the first half of July 2020. The audit was delayed by the COVID-19 related national locked down. Consequent thereof, we have not been able to meet the 30 June deadline for [...]

starafricacorporation 2020 third quarter revenue up 208%

February 12th, 2020|

ECONOMIC ENVIRONMENT The trading environment for the period under review was characterised by economic challenges that included depreciation of the local currency and a rise in inflation. The exchange rate between the local unit (ZWL) and the United States Dollar ended December 2019 at ZWL 16.77: USD1. Year on year inflation ended the calendar year [...]

Starafricacorporation Zimbabwe EBITDA up three-fold to RTGS$ 12.4 million in FY2019

January 8th, 2020|

starafricacorporation Limited (SACL.zw) 2019 Abridged Report We have extracted below the Chairman’s Statement from the 2019 abridged report of starafricacorporation Limited (SACL.zw), listed on the Zimbabwe Stock Exchange: OVERVIEW I am pleased to present the results for the year ended 31 March 2019 in which the Group has transitioned into full profitability for the [...]

starafricacorporation HY 2020 EBITDA was up 823.8%

December 19th, 2019|

starafricacorporation Limited (SACL.zw) HY2020 Interim Report We have extracted the Chairman's Statement from the 2020 half year report of starafricacorporation Limited (SACL.zw), listed on the Zimbabwe Stock Exchange: OVERVIEW I am pleased to present the results for the half year ended 30 September 2019 in which the Group has managed to weather the [...]

Star Africa Corporation is holding its Annual General Meeting (AGM)

September 4th, 2019|

Star Africa Corporation, listed on the Zimbabwe Stock Exchange, is holding its Annual General Meeting with the following details: AGM date : 27/09/2019 Year ended : 31/03/2019 Venue : Star africa corporation limited, 49 Douglas Road, Workington Time : 11:00