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Tag: starafrica
Zimbabwe: Starafrica to Reduce Process Losses
2014-09-30 10:52:29| Sugar Industry News
Starafrica corporation expects to reduce process losses to below 4 percent from an average of 13 percent after completion of its sugar refinery plant. The plant is in the final phase of commissioning after a $7 million upgrade funded by major shareholder, the National Social Security Authority. Deputy general manager Mr Rod Nazare said during a media and analyst tour of the plant that the upgrade would cut process losses below 4 percent.
Tags: process
reduce
losses
zimbabwe
Zimbabwe: Starafrica Plant Upgrade On Course
2013-10-01 07:40:49| Sugar Industry News
SUGAR processor starafricacorporation says the plant upgrade of its Gold Star Sugar Harare plant, the major cause of its perennial losses, is on schedule and is expected to be commissioned in January next year."Eighty-five percent of the contract price has been paid as per the payment stipulated in the contract. The first lot of equipment constituting 35 percent of total is undergoing pre-shipment inspection by SGS, an international engineering consultancy firm," star- africa said.
Tags: plant
upgrade
zimbabwe
plant upgrade
Zimbabwe: Starafrica Scales Down Operations
2013-09-30 08:39:07| Sugar Industry News
ZIMBABWE Stock Exchange-listed conglomerate, Starafrica Corporation has said that it plans to dispose of two of its investments by the end of November this year as it seeks to pay-off creditors.
Tags: operations
zimbabwe
scales
starafrica
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