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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.
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LISTED sugar producer, Star Africa Corporation Limited (SACL) has implored authorities to sustain the current tight Monetary Policy stance for the markets to achieve more stability on the back of the company’s record 30% increase in revenue. During the year’s first half, the Reserve Bank of Zimbabwe (RBZ) employed several strategies which included hiking interest…