Cimas has been Zimbabwe’s leading medical aid society for over 75 years now, preferred by corporates and families since 1945. As a medical aid that has stood the test of time, all our members are reassured through the trust and security of being looked after by a society that is professional, approachable and above all, a society whose primary care and concern is for its members.
Prior to the Second World War in 1939, discussions were held in the then Salisbury Chambers of Commerce and Industry on the need for some form of medical aid insurance for employees in the private sector.
The municipalities of the two major towns of Salisbury (Harare) and Bulawayo had also introduced medical aid benefit funds. The Chambers of Commerce and Industry felt there was a need for a medical aid society, or mutual benefit fund, that catered for the employees in the private sector as well. The advent of the Second World War delayed the start of the operations of the proposed society until the 1st of October 1945, when the Commercial and Industrial Medical Aid Society opened its doors for business, and has been going and growing stronger every year since.
The Cimas Board is made up of eminent individuals across a wide range of expertise in the country. These bring with them a wealth of experience and knowledge from their respective fields. They are a significant indicator of who we are, aside from our operations, and the ethos we stand for.
CIMAS BRANCH LIST:
HARARE:
CIMAS HEAD QUARTERS
EAST BLOCK, BORROWDALE OFFICE PARK BORROWDALE ROAD HARARE
Tel: 080 80001-3/ 086 774 00500 / 086 770 08306
EMAIL: cimasmedicalaidsociety@cimas.co.zw
BULAWAYO
1st AVENUE JASON MOYO STREET BULAWAYO
TEL: 029 28864876 / 2886438 / 2886468
EMAIL: deliveriesbulawayo@cimas.co.zw
GWERU
NO 23 - 6TH STREET GWERU
TEL: 054 222 6178
EMAIL: deliveriesgweru@cimas.co.zw
MUTARE
98 SECOND STREET
TEL: 020 60282 / 69195 / 69196
EMAIL: deliveriesmutare@cimas.co.zw
MASVINGO
39 ROBERT MUGABE, ZB BANK MASVINGO
CALL US: + 263 39 264131
MASVINGO
19 HOFMEYER STREET MASVINGO
TEL: 039 2264800-2
EMAIL: deliveriesmasvingo@cimas.co.zw
P.O BOX 1243, HARARE, ZIMBABWE
Harmony, a world-class gold mining and exploration company with a copper footprint, operates in South Africa and Papua New Guinea, one of the world’s premier new gold-copper regions.
With more than 70 years in the industry, Harmony is an experienced emerging-market gold miner. Value-accretive acquisitions have revitalised our company as the largest gold producer by volume in South Africa where the company is also a significant operator of gold tailings retreatment facilities. With a significant portion of the group’s Mineral Resources and Mineral Reserves in Papua New Guinea, Harmony is also an acknowledged emerging-market specialist. Assets in Papua New Guinea include the Hidden Valley gold mine and our joint-venture stake in the Wafi-Golpu copper-gold project.
WHAT WE DO
Exploration and acquisitions
Exploring for and evaluating economically viable gold-bearing orebodies and/or value-accretive acquisitions
Mining and processing
Establishing, developing and operating mines and related processing infrastructure. Ore mined is milled and processed by our gold plants to produce gold doré bars
Sales and financial management
Generating revenue through the sale of gold produced and optimising efficiencies to maximise financial returns
Stewardship and mine closure
Restoring mining impacted land for alternative economic use post-mining, having in place approved mine closure commitments and empowering communities and employees
WHERE WE OPERATE
In South Africa, our nine underground operations are located within the world-renowned Witwatersrand Basin – one in the Klerksdorp goldfield, three in the West Rand and five in the Free State, in the southern portion of the Witwatersrand Basin. In addition, we have an open-pit mine on the Kraaipan Greenstone Belt as well as several surface treatment operations. At 30 June 2021, our South African operations accounted or 71% of group Mineral Resources (gold and gold equivalent ounces) and 58% of group Mineral Reserves.
In Papua New Guinea, our assets include Hidden Valley, an open-pit gold and silver mine, and a significant gold-copper portfolio that includes a 50% stake in the Wafi-Golpu project, a 50:50 joint venture with Newcrest Mining Limited, in Morobe Province. At 30 June 2021, these assets, which are located on the New Guinea Mobile Belt, accounted for 29% of group Mineral Resources (gold and gold equivalent ounces) and 42% of group Mineral Reserves.
The Tshepong operations constitute an integrated mining complex in the Free State, near the town of Welkom, some 250km from Johannesburg. The deep-level workings include the Tshepong and Phakisa underground sections. The proximity of these two mines has allowed for the integration of operations, facilitating the use of excess hoisting capacity and underused infrastructure at Tshepong section and debottlenecking Phakisa’s constrained infrastructure. Harmony plans to mine the orebody at the Tshepong Operations for the next 20 years.
Conventional undercut mining methods are used at the mature Tshepong section; Phakisa uses the newer conventional undercut and opencut mining method. From Phakisa the rock is transported to the Nyala shaft, where it is hoisted to surface. The principal gold-bearing orebody exploited by both sections is the Basal Reef, with the B Reef mined as a high-grade secondary reef. Mining takes place between 1 500m to 2 300m below surface. Ore mined is processed at the Harmony One plant, where the gold cyanide leaching process is used to recover the gold.
OPERATING PERFORMANCE FY21
Three fatalities during the year prompted a focus on fall-of-ground golden controls, installing additional permanent steel netting and finding a solution to secure these nets close to the to eliminate further fall-of-ground injuries. The lost-time injury frequency rate deteriorated by 8% to 5.44 per million hours worked (FY20: 5.05).
Once again Tshepong operations made the largest contribution, at 16%, to group production; in the absence of lockdowns, operational results improved markedly, which reflected in the financial performance. Capex was 20% higher at R1.1 billion, mainly to provide for development work underground and plant optimisation on surface.
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.
P O BOX 2512, HARARE, ZIMBABWE
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