Sugar producer, StarAfrica Corporation Private Limited company, has resumed operations at its Goldstar Sugars Harare branch following a week-long closure over an increase in raw sugar prices.
The company suspended operations early this month citing the prices for raw sugar that were making it hard for the company to operate at a competitive and viable price.
However, in a notice today (Wednesday) the firm said operations resumed on Sunday following the successful resolution of the pricing of raw sugar. Reads part of the statement:
The Board of Directors of Star Africa Corporation Limited is pleased to inform its stakeholders that the refinery at Goldstar Sugars (GSS) resumed operations on Sunday, 19 February 2023.
This followed the successful resolution of the pricing of raw sugar and the trading terms thereon, between the Company and the raw sugar supplier.
GSS has resumed the supply of granulated white sugar to the market and will continue to do so for the foreseeable future.
StarAfrica Corporation is a company in Zimbabwe that produces and markets sugar and other food products through its subsidiaries, Goldstar Sugars and Country Choice Foods.
StarAfrica Corporation was founded in Zimbabwe in 1935. Its headquarters is located in the capital city of Harare.
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