Zimbabwe (113)- Zambia (112)
- Tanzania (111)
- Swaziland (102)
- Namibia (142)
- Mozambique (111)
- Mauritius (102)
- Malawi (103)
- Lesotho (102)
- Congo (102)
- Botswana (133)
- Angola (102)
Doornkop is a mature, deep-level single-shaft operation some 30km west of Johannesburg, on the northern rim of the Witwatersrand Basin. Its remaining life of mine is currently 14 years.
The operation focuses on narrow-reef conventional mining of the South Reef gold-bearing conglomerate reef. Mining reaches depths of 2 219m. Ore is processed at the Doornkop plant, which uses the carbon-in-pulp process.
OPERATING PERFORMANCE FY21
Sadly, the Doornkop plant recorded one fatality, and the LTIFR deteriorated by 13% to 6.9 per million hours worked.
Operating efficiencies contributed to higher gold production at 3 670kg, reflecting a 25% increase in mill tonnes which helped to offset the marginal drop in grade. This is a ten-year record for Doornkop.
Plant optimisation and ongoing development boosted capex by 51%, thereby directly benefitting production levels.
The 36% increase in revenues reflected the substantially higher production and the 14% improvement in the gold price over the period. Cash operating costs were 29% higher at R2 186 million, attributable mainly to wage increases, higher electricity tariffs and additional labour.
Masimong is a deep-level mine in the Free State, near Welkom, around 260km from Johannesburg. The operation is close to the end of its mine life, with some 18 months of mining remaining. Masimong is an example of the effectiveness of Harmony’s business model.
The Masimong complex comprises two shafts – one for operational use and the other for services such as ventilation, pumping and an escape route. Masimong exploits the Basal and B Reefs, using a conventional tabular narrow-reef stoping method. Mining depths are between of 1 650m to 2 010m. Ore mined is processed at the nearby Harmony One plant.
OPERATING PERFORMANCE FY21
A good safety performance was achieved, with 2 million fatality free shifts recorded and no loss of life. Gold production was marginally higher at 2 012kg with milled tonnes up 4% at 510 000 tonnes. The underground grade was lower at 3.95g/t (FY20: 4.09g/t). The higher gold price helped to boost revenues, by 17%, to R1 636 million.
Wage increases and higher electricity tariffs drove cash operating costs up by 16% to R1 440 million. Capital expenditure increased by 21% to R29 million (FY20: 24 million), allocated mainly to ongoing development work.
Moab Khotsong is a deep-level mine near the towns of Orkney and Klerksdorp, some 180km south-west of Johannesburg. The mine, which began producing in 2003, was acquired from AngloGold Ashanti Limited in March 2018.
Mining is based on a scattered mining method, together with an integrated backfill support system that incorporates bracket pillars. The geology at Moab Khotsong is structurally complex, with large fault-loss areas between the three mining areas (top mine (Great Noligwa), middle mine and lower mine (growth project and Zaaiplaats project in execution phase)). The mine exploits the Vaal Reef as its primary orebody. The economic reef horizons are mined between 1 791m and 3 052m below surface. Ore mined is processed at the Great Noligwa gold plant. The plant uses the reverse gold leach method, with gold and uranium recoveries achieved by gold cyanide and uranium leaching.
OPERATING PERFORMANCE FY21
The mine is the group’s second-largest gold operation. It contributes 15% of total production and is the largest contributor to operating free cash flow. Along with higher revenues and costs in the post-lockdown period capex rose by 27%, associated mainly with ongoing development and infrastructure to extract and mine the pillar in Great Noligwa.
EXPANSION PROJECT
The Great Noligwa pillar extraction feasibility study was completed in FY2021. With implementation the second rock transfer system was completed and commissioned. Harmony’s extensive pillar-mining expertise is being used to develop the infrastructure for extracting and mining the pillar.
Kalgold is a long-life, open-pit gold mine on the Kraaipan Greenstone Belt, 55km southwest of Mahikeng in North West province. Mining takes place from the A-zone pit, where activities are ramping up at the pillar between the pit and the Watertank pit. Mined ore is processed at the carbon-in-leach Kalgold plant.
OPERATING PERFORMANCE FY21
Kalgold maintained its fatality-free record in FY21. Gold production decreased 4% to 1109kg (35 655oz) (FY20: 1 153kg, 37 070oz), due to a 2% drop in ore milled to 1.51 million tonnes (FY20: 1.54 million tonnes) and a 1% decrease in recovered grade to 0.74g/t (FY20: 0.75g/t). Despite lower production, the 16% higher average gold price received in FY21 boosted revenue 12% to R955 million (FY20: R855 million). Cash operating costs increased 15% to R776 million (FY20: R674 million) due to increased annual wages and electricity tariffs. Capital expenditure rose over 100% to R208 million (FY20: R99 million), mainly for capitalised stripping costs in FY21.
Mponeng is a deep-level gold mine near the town of Carletonville, some 90km south-west of Johannesburg. The mine started producing in 1986. Harmony acquired the mine from AngloGold Ashanti in October 2020.
The primary orebody mined is the VCR, which is mined mostly by breast-mining methods, extracting both reef and waste. The dilution from the waste is captured and incorporated in the tonnage calculation, with historical performance being the benchmark. The economic reef horizons are mined between 3 160m and 3 740m below surface. On surface the ore is processed at the Mponeng gold plant. The plant uses the conventional gold leach method, with gold recovered through carbon-in-pulp technology.
OPERATING PERFORMANCE FY21
Mponeng has already added to the quality of Harmony’s asset portfolio and increased margins. Since its acquisition in October 2020, it has established itself as the third-largest contributor to gold production and the second-largest contributor to operating free cash flows. In FY21, Mponeng processed 683 000 tonnes, producing 5 446kg (175 092oz) of gold at 7.97g/t.
Gold revenues totalled R4 750 million. The operation incurred cash operating costs of R2 902 million and capital expenditure of R493 million, mainly due to integration costs and ongoing development for plant optimisation.
Dairibord Holdings Limited is a manufacturer and marketer of quality food and beverage products. The company is listed on the Zimbabwe Stock Exchange (ZSE). The company also has 100% interest in four (4) property companies namely:Goldblum Investments (Private) Limited, Chatmoss Properties (Private) Limited, Quallinnex Properties (Private) Limited, and Slimline Investments (Private) Limited.
Our Product Range
Our brands command first or second position in the categories they compete in.
Milks: – long and short shelf life liquid milks, another productFoods: – yoghurts, ice creams, condiments and spreadsBeverages: – non–alcoholic and non-carbonated beverages as cordials, ready-to- drink dairy and non-dairy, tea and water
Our Markets
Dairibord Holdings is one of the largest manufacturing and marketing companies in Zimbabwe. The products are distributed through a wide network of channels such as retailers, wholesalers, franchisees, street vendors and company owned sales shops throughout Zimbabwe.
Our export markets include Zambia, Botswana, Mozambique and South Africa.
In Zimbabwe the Group has factories in Harare, Chitungwiza and Chipinge.
We continue to seek opportunities in the milks, foods and beverages space.
OUR VISION
To be the leading foods and beverages company in Africa, commanding a position of sustainable market leadership driven by strong brands and superior human capital.
OUR MISSION
To provide our customers with the best quality foods and beverages for the sustenance of good health.
OUR VALUES
Integrity: Our integrity will be displayed in all our interaction with stakeholders while embracing environmentally friendly practices.
Responsibility: As a corporate citizen, we are committed to discharging our duties responsibly in all our dealings with stakeholders.
Accountability: We take responsibility for our own actions.
Fairness: We will be fair in all our dealings.
Teamwork: We shall nurture a spirit of teamwork to optimise synergies and benefit from mutual co-existence.
company background
Our history starts when we were still the Dairy Marketing Board (DMB) which was state owned parastatal. A brief summary is as given below.
View full history here
2016Dairibord holdings re-organisesMartindale (Private) Limited and NFB Logistics (Private) Limited, which were 100% subsidiaries of Dairibord Holdings Limited until 31 December 2015, were decorporatised and their operations were transferred to Dairibord Zimbabwe (Private) Limited under the reorganisation.2006The birth of Dairibord HoldingsThe company transformed into a holding company with four subsidiaries - Dairibord Zimbabwe (Private) Limited, Lyons, Dairibord Malawi (Private) Limited and NFB Logistics (Private) Limited.. The name of the holding company changed to Dairibord Holdings Limited (DHL) from Dairibord Zimbabwe Limited (DZL).2001DZL acquires LyonsIn June 2001, DZL acquired 100% ownership of Lyons Zimbabwe business and forms a transport and Logistics company - NFB Logistics in 2003.1997Dairibord Listed on ZSEDairibord became the first state- owned company in Zimbabwe to privatize, and listed on the Zimbabwe Stock Exchange the same year.1994DZL is BornThe name of the company changed to Dairibord Zimbabwe Limited (DZL) from Dairy Marketing Board and the company was incorporated.1990Bulawayo Dairy CommissionedBulawayo Dairy Commissioned.1983Chipinge Dairy CommissioningChipinge Dairy Constructed1962New Dairy Commissioned in KadomaNew Dairy Commissioned in Kadoma.1960New Dairy Commissioned in HarareNew Dairy Commissioned in Harare.1952Dairy Marketing Board establishedDairy Marketing Board established under the Agricultural Marketing Act of 1951.
P O BOX 2512, HARARE, ZIMBABWE
OK Zimbabwe Limited is a leading supermarket retailer listed on the Zimbabwe Stock Exchange.
Who Is OK Zimbabwe Limited?
OK Zimbabwe Limited has been in existence since 1942, and has established itself as a customer-oriented retail organization providing comprehensive access to a broad range of retail products and allied services developed in response to its customers' requirements for convenience and value.
We Have A Long History
OK Zimbabwe Limited was first incorporated as Springmaster Corporation in 1953, and in 1984, its name was changed to Deltrade Limited which then subsequently changed to the current name in July 2001.
The inaugural branch was opened at OK First Street Harare (then Salisbury) in 1942 and the second branch in Bulawayo in 1952. A further five outlets had been opened across the country by the end of 1960. In 1977, Delta Corporation acquired the business operations in Springmaster Corporation (now OK Zimbabwe Limited), which they held until the de-merger in October 2001.
Business Operations
The Group is a leading supermarket retailer whose business covers three major categories, comprising groceries, basic clothing and textiles and houseware products. The groceries category includes dry groceries, butchery, delicatessen, takeaway, bakery, provisions and fruit and vegetable sections.
OK Zimbabwe Limited trades under three highly recognised brand names, OK Stores, Bon Marche’ Stores, and OKmart. The diversified distribution channel allows the Group to target all segments of the market. In this regard, the Group has specifically profiled its stores in terms of design, product range, services and other offerings in a way that effectively caters for the specific requirements in the low, middle and high income consumer categories.
OK Zimbabwe Limited has maintained its position as one of the dominant supermarket retailers in the country’s competitive retail sector, despite the effect of liquidity constraints and low disposable incomes. The Group has developed its own brands through the Bon Marche’ Premier Choice and Shopperschoice labels.
What Differentiates Us
OK Zimbabwe Limited has maintained its position as one of the dominant supermarket retailers in the country's competitive retail sector. The Group has developed its own brands through the Bon Marché Premier Choice and Shopperschoice labels.
Main Categories
The Company is a leading supermarket retailer whose business covers three major categories:
Groceries:This includes the following sections:-
Dry groceries
Butchery
Delicatessen
Takeaway
Bakery
Provisions
Fruit and vegetables
Basic clothing and textiles; and
Houseware products.
**Another specialist area is school wear.
Main Brands
OK Zimbabwe Limited trades under three highly recognised brands, namely:
OK Stores
Bon Marché Stores
OKmart Mega Stores
Branch Network
All operations are carried out through a nationwide branch network which currently comprises:
52 OK Stores
8 Bon Marche’ Stores
8 OKmart Mega Stores
In February 2011, OK Zimbabwe Limited acquired the two Makro operations in Zimbabwe comprising of 8,000m2 of retail space in Harare and 5,000m2 in Bulawayo. A new brand store, OKmart, opened following a re-branding campaign. There are now 8 OKmart Mega Stores in Harare, Bulawayo, Gweru, Kwekwe, Masvingo, Mutare, Victoria Falls and Chivhu.
OKmart has at least 20 departments including sport, outdoor and camping, hi-tech, butchery, clothes and textiles, DIY, stationery and general groceries. The rebranded store also has a coffee shop and the Harare outlet boasts of 300 bays of parking space.
OK’s diversified distribution channel allows the Company to target all segments and the Company has specifically profiled its stores in terms of design, product range, services and other offerings in a way that effectively caters for the specific requirements in the low, middle and high income consumer categories. OK Zimbabwe Limited has maintained its position as one of the dominant supermarket retailers in the country’s competitive retail sector, despite the effect of liquidity constraints and low disposable incomes.
The Company has its own high-quality in-house brand label – Shopperschoice which has products that are found in all of OK Zimbabwe’s store brands.
Structure And Ownership
The Group is a leading supermarket retailer whose business covers three major categories, comprising groceries, basic clothing and textiles and houseware products. OK Zimbabwe Limited trades under three highly recognised brand names, OK stores, Bon Marché stores, and OKmart stores.
Main Operating Units
KEY FACTS
52 outlets nationwide
Hosts the largest retail promotion in Southern Africa
KEY FACTS
8 stores in Harare
Hosts health & wellness activities: Walk-A-Robix, Ultimate PowerWalk and Biggest Loser Challenge
KEY FACTS
8 mega stores nationwide
Over 35 000 product lines
OK Stores
The OK Stores brand boasts 52 outlets nationwide in the major towns and cities around the country. The OK Stores cater for the widest range of customers within the OK Zimbabwe stable. The up-market clientele being catered for by branches in the low density suburban areas and some city centre locations in key cities. The Harare city centre stores cater mainly for the middle income band and are planted strategically on route to various public transport locations. The mass market is catered for the large number of stores located in various low density suburban areas.
The OK Stores are undergoing a refurbishment programme, which management believe is essential to improve ambiance, refresh facilities and enhance the equity of the OK store brand.
The OK brand boasts the largest retail promotion in Southern Africa in the OK Grand Challenge Jackpot Promotion, which is run annually between April and June.
The promotion caters for and excites all market segments. The OK Grand Challenge was awarded the Retail Promotion of the Year Award by the Marketing Association of Zimbabwe in 2011, and the Superbrand Exceptional Promotional Campaign for 2014.
OK Stores: Harare: Ardmbare, Avonlea, Budiriro, Chitungwiza, Fife Avenue, First Street, Glen Norah, Glen View, Houghton Park, Julius Nyerere Way, Kuwadzana Main, Kuwadzana Express, Kwame Nkrumah, Mbuya Nehanda, Mabelreign, Mabvuku, Machipisa, Malvern, Marimba, Mbare, Mufakose, Queensdale, R. Manyika, Seke Makoni, St. Mary’s, Third Street, Waterfalls and Sanganayi.
Bulawayo: Entumbane, Jason Moyo and Lobengula.
Other: Bindura, Chegutu, Chinhoyi, Chipinge, Chiredzi, Gwanda, Gweru, Hwange, Kadoma, Karoi, Kwekwe, Marondera, Masvingo, Mutare, Ngezi, Norton, Rusape, Triangle, Victoria Falls, Banket and Zvishavane.
Bon Marché Stores
OKmart Mega Stores
Strategy
Opportunities for growth exist and emanate largely from economic recovery and increased disposable incomes. Following its recapitalization, OKZL is in a position to increase trading capacity and regain its market share.
Store upgrades and expansion continue in order to improve customer convenience and increase brand loyalty. The Company continues to implement strategies to increase market share while containing costs in order to maintain and grow shareholder value.
What We Offer
Through a total of 68 operating stores dotted across the country, OK Zimbabwe offers a wide array of products and services.
Our Key Products And Services
KEY FACTS
Access to cash beyond banking hours
Send money securely
No bank charges and no hidden costs
KEY FACTS
Access to cash beyond banking hours
Send money securely
No bank charges and no hidden costs
KEY FACTS
A 6-week celebration of Bon Marché
Hundreds of lifestyle prizes over the festive periods
OK Shop Easy
The OK Shop Easy facility is a shopping facility that enables the customer to shop without cash. It is a shopping voucher card which works the same way as a debit card. In other words, the customer loads his or her money onto the card and draws down from it as they transact.
The Shop Easy Card ensures that:
you have no change worries when you shop;
you can access cash beyond banking hours through our cashback facility;
you can send money to family securely by crediting their Shop Easy account;
you can send children to boarding school secure in the knowledge that their groceries can be replenished through the Shop Easy facility;
you can access all these at any of our branches nationwide with no bank charges and no hidden costs.
Simply put, OK Shop Easy offers convenience in one little card.
The Bon Marché Card
The Bon Marché Liv' it up Fiesta
Giving Back To The Community
OK Zimbabwe's pledge and commitment is to ensure that the Group continues to invest back into the communities it serves and operates in.
Our Key CSR Initiatives
The Group’s flagship CSR initiative which involves establishing tree nurseries within all the provinces of Zimbabwe – excluding Harare and Bulawayo – saw us setting up four (4) additional nurseries in 2015. OK is involved in the celebration of World Tree Planting Day, held annually on the first Saturday of December each year.
OK Zimbabwe is actively involved in sponsoring or donating to causes in the areas of health, education, students’ employment, charities, sports and the environment. Children’s Homes, Old People’s Homes, Hospice Centres and Disabled People’s Associations are amongst the beneficiaries of OK Zimbabwe’s Social Responsibility efforts.
Through its 68 branches, OK Zimbabwe Limited is involved in various local community activities. The branches are proud to be able to make a positive contribution to the communities in which they operate.
Below are some of our key social investment programmes:
Health And Safety
Education
Training
The Company continues to provide both preventative and curative health delivery services to its employees. Outreach programmes to family members of the sick and bedridden employees revealed a growing need for generic as well as systematic counselling services, which were provided through professionals.
Principles Of Corporate Governance
The Board is committed to the principles of good corporate governance and best practices, which endorse a culture of business ethics, openness, transparency, integrity and accountability in its dealings with all stakeholders.
Key Governance Parameters
The primary objective of any system of good corporate governance is to ensure that Directors, executives and managers, to whom stewardship of companies is entrusted by the shareholders, carry out their responsibilities faithfully, effectively and efficiently.
The Group’s structures, operations, policies and procedures are continuously assessed and updated for compliance with the law and generally accepted standards of good corporate governance.
Ethics
Directors and employees are required to observe the highest ethical standards, ensuring that business practices are conducted in a manner which, in all reasonable circumstances, is beyond reproach. In this regard, the Group has a detailed code of ethics for all levels of employees.
In line with the Zimbabwe Stock Exchange listing requirements, the Group observes a closed period prior to the publication of its interim and year-end financial results, during which period Directors, officers and employees may not deal in the shares of the Group. Where appropriate, this restriction is also extended to include other sensitive periods.
Equal Opportunity
Employee Participation
Safety, Health And Environment
Board Committees
In line with principles of good corporate governance, the Company constituted two permanent Board Committees to assist the Board in the discharge of its responsibilities as described below:-
Audit Committee
Remuneration Committee
The Committee consists of three Non-Executive Directors and the Chief Executive Officer, with the Finance Director attending as ex-oficio. The internal and external auditors attend the meetings and have unrestricted access to the Chairman of the Committee. The Committee meets at least twice a year.
The function of the Audit Committee is to advise the Board on all matters relating to corporate governance and regulatory issues. In particular, it monitors financial controls, accounting policies, accounting systems and assesses the processes of identifying, monitoring and managing business risks. The Audit Committee monitors the Internal Audit Charter, plans, programs, reports and recommends the appointment of external auditors.
View committee membership
P.O. BOX 3081 HARARE, ZIMBABWE
Access Bank Botswana brings you more than banking.
As your partner, we are invested in building a mutually beneficial relationship that gives you access to superior advice, insight, specialist knowledge and experience from decades of banking across the globe. Together with exceptional customised solutions, you get the advantage you need to grow sustainably.
Access Bank is a strong financial institution with A1 and A+ Credit Ratings by Moody’s and Fitch respectively and is part of the World’s 500 most valuable banking brands. Access Bank is present in 3 continents as well as 12 countries in Africa and operates in the UAE and UK, with representative offices in China, India and Lebanon. With over 42 million customers, 2,900 ATMs, 9.8million unique mobile and internet banking users, 50,000 PoS terminals, 58,000 agents, and operations from 675 branches, it is the largest bank in Africa by customer numbers.
Our vision is to be the trusted local bank in Botswana, offering world-class solutions and building profitable, lifelong customer relationships through the provision of a wide range of innovative financial products and services to benefit all stakeholders.
Leadership
Our organisation is serious about effective transformation and representation. This is clearly reflected in our leadership structure, with women comprising 54% of our management team.
AccessBank Botswana's senior leadership team leads with purpose, embracing disruption and change, influencing sector growth, nurturing talent and driving measurable results and impact.
Governance and Ethics
As an organisation, we believe in having strong governance structures with a transparent board that is able to hold the executive accountable for its actions. We also have a code of conduct that all employees are expected to adhere to. Professional and ethical conduct is an integral part of how AccessBank Botswana conducts its business on a daily basis.
AccessBank Botswana is committed to ensuring that the organisation is managed in an efficient, responsible and ethical manner, and in the interests of all its stakeholders.
We are committed to achieving the highest standards of corporate governance and corporate citizenship by adhering to the relevant codes of best practice, principles of fairness, accountability, responsibility, transparency and integrity.
This is the guiding ethos across the organisation.
Our Team
We have a young, agile workforce; 65% of our employees are millenials. Our team is made up of forward-thinking highly skilled individuals who believe in leveraging their extensive knowledge of the African banking sector and collaborating to find the best solutions for our investors and customer base.
Our people are empowered to deliver excellent strategic value and advice with professionalism, impact, relevance and foresight – delivering on our promises, every time.
ABC Holdings Limited is the parent company of a number of sub-Saharan Africa banks operating under the BancABC brand that offer a diverse range of financial services including personal, business and corporate banking as well as asset management, stockbroking and treasury services. Guided by its core values of professionalism, people, innovation, passion and integrity, BancABC is pursuing its vision be the preferred banking partner in Africa by offering world class financial solutions - to the benefit of all its stakeholders. BancABC is realising this vision by building profitable, lifelong customer relationships through the provision of a wide range of innovative financial products and servicesBancABC has a proud heritage dating back to 1956. The Group, which has its head office in Botswana, was formed as a result of a series of mergers and acquisitions of financial institutions operating in Southern Africa. This has given the Group a strong geographical footprint as well as a sound understanding of the diverse financial markets within the region. As a result, BancABC has operations in Botswana, Mozambique, Tanzania, Zambia and Zimbabwe and a group services office in South Africa.BancABC has its primary listing on the Botswana Stock Exchange and a secondary listing on the Zimbabwe Stock Exchange. The Group's shareholders include, Old Mutual, Botswana Insurance Fund and the International Finance Corporation. The Management of BancABC, most of whom have a longstanding history with the bank, also holds significant shareholding within the Group thereby offering much needed stability to all stakeholders.
Group Structure
BREAK DOWN OF ABC HOLDINGS
ABC Holdings Limited is the holding company for a number of operating companies across sub-Saharan Africa each with independent banking licenses. ABC Holdings head office is in Botswana where it is listed on the BSE. A secondary listing on the ZSE in Zimbabwe is also held.
Values, Vision and Mission
BancABC's core values are the result of broad stakeholder consultation and centre on five distinct areas. They remain the guiding principles by which we operate and form the basis of our corporate personality.
Integrity is a key value of the Group which is the ability to be reliable, ethical, credible, and trustworthy with a great sense of heritage. Our cast iron ethics form our unquestionable character and business practice.
Passion describes the people focused, accessible, personal and customised approach, anchored on vital African energy. In short, we are passionate because we believe in and love what we do.
Innovation embodies the key traits of being visionary, dynamic, energetic, challenging and agile. In practical terms, adoption of this core value means devotion to driving change by provoking new ideas and always doing things differently.
Professionalism entails being uncompromising, focused, and confident in offering world-class products and services. We strive for excellence in what we do, and are always seeking to improve on our performance.
People is the essence of our existence. Our world class staff, customers, clients, shareholders and stakeholders define our ambitions, success and passion. Our passion for people makes us customer-centric.
Guided by these core values, BancABC's vision is to be the preferred banking partner in Africa by offering world class financial solutions.
Aligned to this vision BancABC's mission is to build profitable, lifelong customer relationships through the provision of a wide range of innovative financial products and services; to the benefit of all our stakeholders.
Committees
The Board is assisted in discharging its responsibilities by a number of sub-committees. Sub-committees are accountable to the Board, with minutes of sub-committee meetings circulated and reported on at the following Board meeting. Senior executives are invited to attend meetings where appropriate.
Board committees may make use of external professional advisers when necessary to discharge specific tasks.
Sustainability
BancABC recognises that sustainable development is dependent upon a positive interaction between economic growth, environmental protection as well as social upliftment. As a responsible corporate citizen, BancABC has a policy framework that is designed to ensure that all projects supported adhere to environmental and social regulations of the relevant local, national and international laws and standards.
THIS POLICY FRAMEWORK COMMITS BANCABC TO:
Provide in-house environmental education and support;
Recognise the environmental burden caused by consumption of resources and release of waste from our own business activities and aim to protect the environment through resource recycling as well as efficient use of energy and resources;
Support business activities that contribute to the protection and improvement of the environment;
Monitor the effects of our activities on the environment and work towards continuous improvement and pollution prevention;
Comply with all applicable laws and regulations related to environmental protection and other requirements to which BancABC Group companies are subject to and subscribe to; and
Provide financing to projects with minimal adverse impact on the environment while ensuring that those having potentially major adverse environmental and social impact are accompanied by adequate mitigation measures.
In order to ensure compliance with the last of these commitments, BancABC's credit risk assessment ensures that the social and environmental effects of its financial support are assessed and monitored. This Environmental and Social Review Appraisal Procedure (EASP) enables the integration of the environmental safeguards in projects so as to ensure that the potential risks associated with environmental and social issues as earlier mentioned are appropriately identified and mitigated.
KEY COMPONENTS OF THE EASP ARE:
An assessment of potential and current environmental and social risks and impacts arising out of the proposal; and
The commitment and capacity of the borrower to manage these impacts.
Against this background, the procedure ensures that projects financed by BancABC are environmentally and socially sound and sustainable and that any potential environmental and social risks are identified, evaluated and where necessary, mitigated. In line with its policy, BancABC will not finance any business activity that cannot reasonably be expected to meet the required Environmental and Social standards up front.As an African bank, BancABC recognises it has a responsibility to uplift and support social programmes in Africa . That is why, through various programmes and initiatives in Southern Africa, BancABC continues to be involved in the development of the most vulnerable group on our continent - women and children. BancABC believes that only when the women and children of Africa are free to pursue their dreams will the continent unlock its full potential.BancABC is also a patron of the arts. We also believe that a vibrant arts and culture is a vital expression of our continent's identity. Africa boasts a rich artistic and cultural heritage that is as diverse as its people. This heritage is the soul of our continent and in order for it to grow and thrive, needs to be nurtured and celebrated. It is for this reason that BancABC offers unwavering support in helping develop this vital element of the african continent.
Corporate Information
Controlling company - ABC Holdings Limited
Registration number 99/4865
REGISTERED OFFICE
Rhoss (Pty) LimitedUnit G3, Victoria HousePlot 132 Independence Avenue,P. O. Box AD54ACJ RiverwalkGaboroneBotswanaTelephone: +267 395 7524Fax: +267 395 7062e-mail: info@bancabc.com
PLACE OF BUSINESS
ABC HousePlot 62433 Fairgrounds Office ParkGaboroneBotswana
BOARD OF DIRECTORS
Livingstone Takudzwa GwataJacob Jones SikazweMark Martijn SchneidersSanjeev AnandNaran MaharajhTinotenda Gwendoline MuteiwaSharron Laverne McPherson
AUDITORS
KPMG BotswanaPlot 67977, Fairgrounds Office ParkGaboroneBotswanaTel: +267 391 2400Fax: +267 397 5281
SECRETARY TO THE BOARD
Dorothy Tafadzwa MatizaAddress: ABC House , Plot 62433 Fairgrounds Office Park Gaborone, BotswanaTelephone: +267 367 4339Fax: +267 390 5857email: dmatiza@bancabc.com
GROUP COMPANY SECRETARY
Dorothy Tafadzwa MatizaAddress: ABC House , Plot 62433 Fairgrounds Office Park Gaborone, BotswanaTelephone: +267 367 4339Fax: +267 390 5857email: dmatiza@bancabc.com
OilCo Group is a distributor of Petroleum Fuels & Lubricants operating in KZN and Mpumalanga.
Originally established thirty five years ago in Empangeni, Oilco then expanded to Nelspruit, Vryheid and Durban. The head office was relocated to 50 Electron Road, Springfield Park, Durban, in 2008. The South African petroleum industry is fast changing and the major oil companies are seeking to reduce operational risks and focus on their core businesses.
To this end they have delegated several of the functions they have traditionally performed in the market to resellers. With over 100 employees across our 5 retail and 4 wholesale sites, powered by BlueBird Logistics, Oilco is well placed to meet not only the needs of our suppliers, but our growing customer base as well.
The Group Fuel operations are conducted by two trading companies, namely Oilco Retail and Oilco Wholesale, with all logistics by Bluebird Logistics (Pty) Ltd. All the lubricants are traded through Lubeco.
OILCO RETAIL
The Retail Company operates from sites in Nelspruit, Pongola, Vryheid, Empangeni and Durban with its client base comprising mainly customers in the transport industry.
OILCO WHOLESALE
The Wholesale division operates from sites in Nelspruit, Empangeni, Pongola and Durban and services a variety of clients operating in a number of industries including Agricultural, Industrial, Transportation and Marine.
LUBECO
Lubeco is a fully committed, functional Shell Lubricants supplier. Our goal and aim is to supply and assist Global and national customers with best practice solutions.
Mission Statement
"To facilitate petroleum product consumers having access to products readily which are available in a reliable manner."
Oilco delivers its mission by:
Ensuring that quality products are available to consumers at all times, focusing on reliability and service excellence.
Advising consumers on appropriate types of fuels for their needs.
Penetrating and securing markets originally inaccessible, because of geographical and/or competitor positioning.
Ensuring that technical and managerial skills are abreast with technology developments and international best practices through continuous training
Strictly monitoring and maintaining delivery systems and processes.
Erecting, managing, and maintaining a distribution infrastructure, to internationally acceptable standards.
Complying with environmental and regulatory requirements.
High Level of HSSE compliance in line with Shell’s guidelines
Environmental Standards
Oilco is required to adhere to very strict code of health and safety standards applicable to the industry. These standards are addressed at every management meeting, to ensure the highest levels of compliance and to ensure all potential risks that the company faces in carrying out its day to day operations are managed and minimised.The major oil companies also address this risk compliance with Oilco on a monthly basis, by doing inspections and audits of its sites. In the event Oilco fails any of these inspections, the oil companies have the right to cancel their supply agreements.
Oilco was awarded a Batho Pele citation by the Chairman of Shell for its continued excellence in improving its Health and Safety Standards, as well as being ranked 2nd overall in Health and Safety Standards amongst all Shell Branded Resellers.
Legislation and regulations which Oilco requires to comply with include:
Occupational Health and Safety Act
Dangerous Goods Transportation Act
Department of Minerals & Energy Affairs licensing Requirements
The Wholesale division operates from sites in Nelspruit, Empangeni, Pongola and Durban and services a variety of clients operating in a number of industries including Agricultural, Industrial, Transportation and Marine.
We supply premium, level 4 star HSSE standard Shell product to your door step via our fully metered delivery vehicles, with no size limit.
Oilco aims to differentiate itself as a supplier to its customers by providing a superior level of service and efficiency. We do this with:
key placement of on the ground staff
quick turnaround time
flexibility
multi drops / split loads
key insights and access to research & knowledge via our on staff Tribologist
Contact Oilco Wholesale
Tel: (+27) 31 205 2044 | Fax: (+27) 31 205 2544
Physical Address: 46 Leeds Road, Umbilo, KwaZulu-Natal
OILCO STATIONS LIST:
OILCO DURBAN
PHYSICAL ADDRESS: 46 LEEDS ROAD, UMBILO, DURBAN, 4001 KZN, SOUTH AFRICAT: 031 205 2044
OILCO EMPANGENI
PHYSICAL ADDRESS: 2 OILCO LANE, EMPANGENI, 3880 KZN, SOUTH AFRICAT: 035 792 4900
OILCO VRYHEID
PHYSICAL ADDRESS: 12 STRETCH CRESCENT, VRYHEID, 3100 KZN, SOUTH AFRICAT: 034 983 3222
OILCO NELSPRUIT
PHYSICAL ADDRESS: 50 WILKINS STREET, NELSPRUIT, 1240 MPUMULANGA, SOUTH AFRICAT: 013 758 1075
OILCO PONGOLA
PHYSICAL ADDRESS: 32 DEWAAL STREET, PONGOLA, 3170 KZN, SOUTH AFRICAT: 034 413 1546