Zimplats ceo salary ZIMPLAS S S S STED SAS 31 2023 3 Alexander Mhembere Chief Executive Officer Patricia Zvandasara Chief Finance Officer Meroonisha Kerber Non-executive Thandeka Nozipho Mgoduso Non-executive Conrad Mupesa. 2 for career opportunities. co. Under the deal superintended by the late former president Robert Mugabe and Zimplats will cull 25 senior managers to contain costs as plummeting commodity prices on the international market and a new 15 percent tax on the export of platinum ore takes its toll, it has been learnt. The median estimated compensation for executives at Zimplats including base salary and bonus is $224,384, or $107 per hour. How much do Zimplats employees make? Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Find out what works well at zimplats from the people who know best. The average estimated annual salary, including base and bonus, at Zimplats is $112,735, or $54 per hour, while the estimated median salary is $115,814, or $55 per hour. The median pay package for CEOs rose to $16. Uncover why zimplats mine is the best company for you. Highest-Paid CEOs. The CEO with the highest CAP was Peter Zaffino of American International Group at $90. The directors to retire at the next annual general meeting are Mr S M Mangoma, Mr A Muchadehama and 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe The average chief executive officer salary in the United States is $192,260. Exposure to cutting-edge mining technology and techniques 5. Take a look at the top 10 highest-paid CEOs in Malaysia: Mr Kong Khoon Tan has been Chief Executive Officer and Group Managing Director of Hong Leong Bank Berhad since July 1, 2013. Culture and values. A. 21. Snapshot; Why Join Us; 29. Chief executive officer salaries typically range between $104,000 and $354,000 yearly. F) stock's management team. Chief Executive Officer Alex Mhembere said in a staff circular dated March 18 that was Harare Bureau Huge investments totalling US$1,4 billion are planned by major platinum mining house Zimplats in Zimbabwe, with the investment seeing a new mine, local refining of platinum metals Chief Surveyor at Zimplats (Pvt) Ltd · I am a hard working Mining Professional with vast experience in Mine Surveying (Open pit and underground); Mine Planning; Engineering and Construction surveys. 8K Salaries in Saudi Arabia; 188. He was President of Chamber of Mines of Find out what works well at zimplats from the people who know best. Sign in. I am a young man who is able to work independently and can cope with, adapt to and thrive on change. The Hartley Geological complex is the largest of the PGM bearing complex’s containing 80% of the known PGM resources in Zimbabwe, two-thirds of which is held by Alex Mhembere, Zimplats chief executive officer, described 2020-2021 as a "year unlike any other". “We are facing the same problem in Government where 80 percent of revenue collected goes to salaries. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Indonesia. Visit PayScale to research chief executive officer (ceo) salaries by city, experience, skill The average salary for a Chief Executive Officer (CEO) in Philippines is ₱1,200,000 in 2024. 994. Dr Masiye Kadoma hospital In its consolidated interim financial statements for the half year ended December 31, 2022, Zimplats chief executive officer, Mr Alex Mhembere, said the plant will achieve commercial operations in View all CEO salaries like Shersingh Khyalia (Adani Power), Sandeep Kalra (Persistent Systems), Salil Parekh (Infosys), and Yatender Kumar Tyagi (TV Today Network ). Our vision is to The average salary for a Chief Executive Officer (CEO) in Saudi Arabia is SAR 487,149 in 2024. Start of main content. Zimplats Board Charter – Approved August 2013 1 CEO, non-executive directors, Board Committee members, executive management and key posts (as determined by the Board from time to time) in the Company. R28. About . Mr Tan also serves as Senior Investment Consultant of DBS The average salary of a Chief Executive Officer in Australia is between $215,000 and $235,000. *Limited to most recent 250 articles Use advanced search to set an earlier date range Chief Surveyor at Zimplats (Pvt) Ltd · I am a hard working Mining Professional with vast experience in Mine Surveying (Open pit and underground); Mine Planning; Engineering and Construction surveys. A free inside look at company reviews and salaries posted anonymously by employees. Zimplats is a platinum mining company based in Zimbabwe, and working there may offer several advantages, including: 1. 4 salaries for 1 jobs at Zimplats in Harare. Job Title Monthly Avg 0 125000 250000 375000 500000; safety officer : ZWD 361,901 : hse officer : ZWD 452,376 : Salaries by Location. This is according to Nico Muller, the CEO of Implats, which has a 87% stake in Zimplats. Salaries, reviews, and more - all posted by employees working at Zimplats. dividend was 145. What advice would you give the CEO of zimplats about how to improve it? One person answered. ASX Announcement : 3 September 2018 The board of directors of Zimplats is pleased to announce the appointment of Ms Meroonisha Kerber as a non-executive director of the In 1998, Delta demerged its platinum interests into a special purpose vehicle; Zimplats. “We did not have a chief executive officer but now we have our CEO, who works very hard. CEO at Zimplats Community Share Ownership Trust · A chartered global management accountant with an ability to think strategically combined with a strong business acumen. He served as the Managing Director of Mimosa Group of Companies www. Competitive salary and benefits package 3. Photo: BizNis Africa Source: Facebook. 1 for culture and values and 3. This is the Zimplats company profile. Zimplats has access to hydropower and has also secured a power generation licence for 185MW, with the first phase of a 35MW solar photovoltaic Alexander Mhembere is currently the Chief Executive Officer & Executive Director at Zimplats Holdings Ltd. Follow. 1. An opportunity has arisen to join the Zimplats team. CEO pay continues to outpace the pay of working people across the country. 76% approve of CEO. zimplats. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Malaysia. As Zimbabwe’s In a staff circular, dated March 18, issued by Zimplats Chief Executive Officer Alex Mhembere, the company said the voluntary redundancy packages are Learn about Zimplats Holdings Limited (ZIM) stock's management team. 6%, according to data analyzed for Chief Surveyor at Zimplats (Pvt) Ltd · I am a hard working Mining Professional with vast experience in Mine Surveying (Open pit and underground); Mine Planning; Engineering and Construction surveys. “They said we will soon visit the companies that we now own. Speaking at the 7th edition of the PGMs Industry Day Conference in Johannesburg on Wednesday, ZIMPLATS Chief Executive Officer (CEO) Alex Mhembere said: Zimplats Salaries trends. S. Platinum mining giant Zimplats’ ongoing US$1,8 billion expansion drive is expected to create 6 000 new jobs during development of various projects meant to increase the mine’s production, a move that has excited communities located around the mine. Web Development Domain Registration Email Hosting Web Hosting Online Payments Buy ZESA Tokens Buy TelOne ADSL Buy Airtime Pay Tuition Fees Pay Zimplats' Chief Executive Officer, Alexander Mhembere, said that while cost containment efforts had shown some success, the company still faced significant challenges, prompting the need for Zimplats is in talks with the Zimbabwe Revenue Authority (Zimra) to pay at least $33,8 million in outstanding tax owed to government, but says this could slow down its expansion programme. 8bn. 8. He joined the platform in 2018, replacing Diane Zimplats is a platinum mining company based in Zimbabwe, and working there may offer several advantages, including: 1. Glassdoor gives you an inside look at what it's like to work at Zimplats, including salaries, reviews, office photos and more. 14c and it went ex over 1 year ago and it was paid 1 year ago. Visit PayScale to research chief executive officer (ceo) salaries by city, experience, skill Zimplats chief executive officer Mr Alex Mhembere said beneficiation projects are set to begin in July this year as a two-stage process. pay-as-you-earn and +263 242 886 878-85 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Zimplats 589 588 100. Its Ngezi operation is located on the Hartley Geological Complex on the Zimbabwean Great Dyke approximately 150 kilometres south-west of Harare. Answered 25 January 2024 - Plant Operator/ laboratory assistant (Former employee) - Harare. Zimplats Salaries trends. 8K Salaries in UAE; 248. 6% reduction Challenging operational environment. au Chief Executive Officer, Executive Director: 1 Oct 2007: Mrs Patricia Zvandasara: Chief Financial Officer, Executive Director: 12 Nov 2019: Mr Zacharias Bernard Swanepoel: Non-Executive annual financial statements of Zimplats Holdings Limited (‘Zimplats’ or ‘the Company’) for the year ended 30 June 2019. For each of our 1,266,106 listed executives, discover their exact roles and their biographies. Discover the average Chief Executive Officer salary in your state and the salary for similar careers. and as the President at Chamber of Mines of Zimbabwe. 8 million in 2022. The average Zimplats executive compensation is $228,487 a year. Comprehensive performance, salary and tenure analysis for the CEO, board and leadership team. 0. Zimplats will reduce its headcount by 1% as it implements broad cost cuts to survive a sharp fall in platinum group metal (PGM) prices, CEO Alex Mhembere said on Zimplats' CEO has a CEO approval rating of 75/100, as scored by 13 Zimplats employees, placing Zimplats' CEO in the Top 20% of similarly-sized companies for CEO score. Shortlisted candidates may be subjected to psychometric or other assessments Zimplats reserves the right not to make an appointment. 139. 5 million to R132. Web Development Domain Registration Email Hosting Web Hosting Online Payments Buy ZESA Tokens Buy TelOne ADSL Buy Airtime Pay Tuition Fees Pay Hogarths Engineering Zimplats Mine Salaries. The news of Zimplats' revenue comes amid reports it has signed an agreement with the Zimbabwean government to expand the Mupani Mine as part of $1. Compensation and benefits. Free cash flow. *Limited to most recent 250 articles Use advanced search to set an earlier date range Nico Muller, Chief Executive Officer of Implats, Zimplats, Marula, Impala Canada, Mimosa and Two Rivers. · Experience: Zimplats · Education: Arrupe Jesuit University · Location: Harare · 490 connections on LinkedIn. 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe 2024 Startup CEO Salary Report . Nico has a mining career spanning over a period of 27 years that has The CEO of Zimplats received an average score of 74 from Zimplats employees. 2021: 3. 1 new update. In February, Implats CEO Nico Muller said building solar power for its Zimbabwe operations was part of the company’s growth strategy in The top 10 list is calculated based on CEO’s monthly and annual salary, bonuses and benefits. I am a good communicator who loves challenge and works well Zimplats embarked on the LEDs programme in 2013 which refers to the development of indigenous suppliers who are geographically located around Zimplats’ mining and processing operations. By 1999 Hartley had failed to meet its development targets and was put on care and maintenance by Conrad Mupesa. The country's economy is bad. Does zimplats offer a dental plan? What does it cover? Chief Ngezi, whose community was meant to benefit from the deal, told Business Times that they were recently given certificates by Zimplats, adding communities now have 5% shares from new companies formed by Zimplats. Implats’ stated purpose is to create a better future. During a ministerial visit led by the Minister of Mines and Mining Development, Hon. Dashboard Markets Discover Watchlist Portfolios Screener PLATINUM miner Zimplats says its investment in capital projects grew to US$270, 3 million in the 2022 financial year, a 70 percent increase from US$159, 1 million in the prior comparable period. 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Impala Platinum Holdings’ Zimbabwean unit, Zimplats, is taking proactive steps to mitigate the impact of anaemic metal prices. Zimplats is required to comply with the Australian Stock Exchange (ASX) Corporate Governance Principles and Chief Executive Officer’s Report 28 Cash Utilisation 38 Five Year Review 40 Achievements FY2022 42 Objectives FY2023 44 Market Review 45 Get detailed salary information for salaries of popular job profiles in Zimplats: Junior Engineer: ₹ 30,000 per year, Mining Engineer: ₹ 1,00,00,000 per year and many more. All content is posted Chief executive officer's review. Patricia Zvandasara Chief Finance Officer Meroonisha Kerber Non-executive Thandeka Nozipho Mgoduso Non-executive Chipo Mtasa Non-executive Alec Muchadehama Non-executive Find out what works well at zimplats from the people who know best. In its consolidated interim financial statements for the half year ended December 31, 2022, Zimplats chief executive officer, Mr Alex Mhembere, said the plant will achieve commercial operations in What advice would you give the CEO of zimplats about how to improve it? Home. Research Zimplats Holdings' (ASX:ZIM) stock price, latest news & stock analysis. Alexander Mhembere is the Chief Executive Officer of Zimplats Holdings Limited. Write a review. In its report, the company confirmed Zimbabwe’s Special Court for Income Tax Appeals has ruled that platinum miner Zimplats must pay additional profit tax incurred in the last 10 years to 2014, ending the long running dispute, the company reported today. 6 Zimplats reviews. Zimbabwe’s platinum Zimplats did not say how many of the 8,000 permanent and contract jobs were targeted. At Zimplats, the most compensated executive makes $700,000, annually, and the Learn about Zimplats Holdings Limited (ZIM) stock's management team. 274. Business Outlook. Zimplats says setting up the two power plants will cost the company as much as $201 million. 4 In line with our remuneration philosophy, the lower level of performance resulted in a lower level of variable pay. The Executive team received an Learn about Zimplats Holdings Limited (ZMPL. Find everything from its Valuation, Future Growth, Past Performance and more. Chief executive officer salary is impacted by location, education, and experience. Zimplats is a mining & metals company based out of United States. Pros. Chief Executive Officer and Executive Director: Patricia Zvandasara C. . In addition, they earn an average bonus of Rp929. Learn about Zimplats Holdings Limited (ZIM) stock's management team. worker saw a wage increase of $18,240 over the past decade, earning on average just Find out what works well at zimplats from the people who know best. The Hartley Geological complex is the largest of the PGM bearing complex’s containing 80% of the known PGM resources in Zimbabwe, two-thirds of which is held by The board of directors of Zimplats wish to announce that Mrs Chipo Mtasa (“Chipo”) has resigned as a non-executive director of the Company with effect from 8 January 2024. 11 The Board shall ensure that technology and systems used in the organisation are appropriate for it to run the business properly and Sydney is the chairman of the subsidiary Zimplats Holdings Limited and a non-executive director of Transnet Limited (SOC), and the Absa Bank subsidiary in Mozambique. Employees also rated Zimplats 2. The company has initiated voluntary job cuts among its employees as a cost-cutting measure. Under normal circumstances, our While CEO pay continues to reach historic heights, first-year PvP disclosures reveal that median CAP figures for Equilar 100 CEOs were actually significantly less than total compensation at $19. Additionally, he has previously worked as the Managing Director at Mimosa Mining Co. Zimplats is the largest platinum miner in Zimbabwe. Glencore. Find related and similar companies as well as employees The circular, issued by Zimplats Chief Executive Officer Alex Mhembere, highlights the company’s strategy to mitigate the impact of the current market downturn on its workforce. Zimplats Holdings Limited is engaged in the business of producing platinum group metals (PGMs) and associated metals, which include nickel, gold, copper, cobalt and silver mined from the Great Dyke in Zimbabwe. It will be upgraded from 2,2 million tonnes per annum (Mtpa) to 3,6 tonnes per annum and ore production is expected in the financial year 2022. The Company is a subsidiary (87% shareholding) of one of the world's Zimplats Employee Directory . “Zimplats is pleased to announce the appointment of Mr Nicolaas (Nico) Muller as a non-executive director of the Company with effect from 1 How satisfied are employees working at Zimplats? 66% of Zimplats employees would recommend working there to a friend based on Glassdoor reviews. LTIFR (pmmhw) 4. In other words, the CEO is rewarded substantially when the company does well. Alex Mhembere said: "It is indeed a difficult time for the whole Zimplats family In the half year to December, revenues at Zimplats dropped a record 32 percent to US$372,8 million, translating to a 94 percent fall in profits before tax to US$14,2 million. 7 million in 2023. Average startup CEO salary decreased in 2024 to $141,000, down slightly from 2023’s $142,000. Zimplats Holdings Limited (‘Zimplats’ or the ‘Company’). Zimplats corporate office is located in 275 Alfred St Ste 702, North Sydney, New South Wales, 2060, Australia and has 947 employees. Implats Implats’ Chief Executive Officer, Rustenburg, Impala Bafokeng, Zimplats, Marula and Impala Canada increased by 25% to 2. 9 million, while production of platinum concentrate also rose. 2 members. Share. 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Zimplats Holdings Limited ARBN : 083 463 058 Australian Stock Exchange code: ZIM Half Year Ended 31 December 2021. Reviews; Salaries; Jobs; 4. 17 million ounces, with like-for-like gains of 4%. Nyashadzashe Ndoro . Nico was appointed to the board as chief executive officer and executive director. Impala Platinum’s Zimbabwe unit could be the shining jewel in the producer’s chest. Weak platinum group metal prices are projected to last for the next 12 to 18 months, Zimplats Holdings Ltd. Right now the The 2024 edition of the Equilar 100 CEO pay study examines compensation packages of CEOs at companies with revenues of $1 billion or more to file a proxy statement by March 31, 2024. “Stage 1 will focus on refurbishing the existing Base Metals Refinery (BMR) at the Selous Metallurgical Complex (SMC) at an estimated cost of $100 million. Mhembere has experience in platinum mining in Zimbabwe. Occupation: Chief Executive Officer of Zimplats Holdings Limited; Alex Mhembere biography. Zimplats is in the business of producing platinum group and associated metals and is a subsidiary of one of the world’s leading producers of platinum group metals (‘PGMs’), the South African-based Impala Platinum Holdings Limited (Implats). Learn about Zimplats Holdings Limited (ZMPL. These replaced the open pit production in 2008 and expanded to the current 1. Similar companies. A See what employees say it's like to work at Zimplats. “They have given us companies we now have shares in,” he said. 1 Salary (for 1 job title) • Updated 25 Nov 2023. Platinum mining giant Zimplats’ ongoing US$1,8 billion expansion drive is expected to create 6 000 new jobs during On Monday, Zimplats chief executive officer Alex Mhere, said the company had to take additional measures as part of its cost containment and cash preservation strategies. Managers received an average score of 75 from Zimplats employees. How often do pay rises occur at zimplats? Asked 25 January 2024. 3. com) location in New South Wales, Australia , revenue, industry and description. Zimplats reported a loss of US$8,8 million, compared to a profit Hogarths Engineering Zimplats Mine Salaries. 5K Salaries in Kuwait; Employees at Zimplats – Zimbabwe’s biggest producer of PGMs – are being offered a minimum of three months’ pay and must submit their application forms by March 22, according to the circular. 49 followers The average ceo gross salary in Indonesia is Rp1. 14% improvement. Opportunities for career growth and professional development 4. 310. Chief Ngezi, whose community was meant to benefit from the deal, told Business Times that they were recently given certificates by Zimplats, adding communities now have Alex Mhembere salary. 5K Salaries in Kuwait; Chief Executive Officer’s Report 26 Cash Utilisation 34 Five Year Review 35 Achievements FY2018 37 Objectives FY2019 38 Market Review 39 Zimplats Holdings Limited US$ refers to United States of America dollars. For the full 2020 financial year, Zimplats lifted revenue by 38% year-on-year to $868. Compare pay for popular roles and read about the team’s work-life balance. Dashboard Markets Discover Watchlist Portfolios Screener Salaries by job title at Zimplats. zimplats. Latest Dividends. Now with a second concentrator, Zimplats has only to ship half the output 80 kilometres from Ngezi to Selous using a fleet of nine trucks working 20 hours a day. The average hourly rate for chief executive officers is $92. Amend joined the group on 1 November 2008 and was appointed general manager – engineering, of the operating subsidiary in 2013. Alex Mhembere salary. Find out what works well at zimplats mine from the people who know best. He is also the Chairman at Zimbabwe Platinum Mines (Pvt) Ltd. 15 followers. 4 Zimplats reviews. 3 261 250 104. com. 65 2 Comments 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Zimplats says setting up the two power plants will cost the company as much as $201 million. He was appointed technical director of the operating subsidiary with effect from 1 June 2018 and effective 1 April 2022, he was appointed Chief Technical Officer. CEO and Executive Team. At The average salary for a Chief Executive Officer (CEO) in Zimbabwe is $117,916 in 2024. Weak platinum group metal prices are Average Salary: Chief Executive Officer (CEO) $754,713: Chief Operating Officer (COO) $457,468: Chief Financial Officer (CFO) $363,559: Chief Legal Officer (CLO) $333,980: Chief NIEEB chief executive Wilson Gwatiringa wrote to Zimplats on February 13, asking the company to pay Brainworks US$16,7 million “representing fees for the provision of advisory services to the government of Zimbabwe and the (NIEEB) in the implementation of the Zimplats indigenisation plan”. Compare pay for popular roles and read How satisfied are employees working at Zimplats? 66% of Zimplats employees would recommend working there to a friend based on Glassdoor reviews. Alex Mhembere has been at the helm of the Zimplats team as chief executive officer (CEO), since October 2007. I am a good communicator who loves challenge and works well PLATINUM miner Zimplats says its investment in capital projects grew to US$270, 3 million in the 2022 financial year, a 70 percent increase from US$159, 1 million in the prior comparable period. 0 Impala Canada 249 306 81. Giving an update early December 2021, Zimplats chief executive Alex Mhembere said the miner was investing in a 185 MW solar plant "to augment power supplies and enhance ESG performance metrics". He emphasized that this development ushers in an era of increased local processing for Zimplats. Join us in celebrating this decade of progress, happy International Albinism Awareness Day! #albinismawareness #inclusionmatters #beyondtheskin. View Zimplats (www. In the past 10 years, typical CEO pay at S&P 500 companies increased by more than $4 million, to an average of $17. Comprehensive performance, salary and tenure analysis for the CEO, board and leadership The average estimated annual salary, including base and bonus, at Zimplats is $112,735, or $54 per hour, while the estimated median salary is $115,814, or $55 per hour. Meroonisha was appointed as chief financial officer and an executive director of Impala Platinum Holdings Limited with effect from 1 August 2018. A force to reckon with in the tech space, Thomas Kurian amassed a net worth of Rs 10,600 crore in 2019. Mashonaland West Bureau . PLATINUM group metals (PGMs) miner Zimplats CEO Alexander Mhembere (pictured) is confident about the company’s ability to become cash generative in the next financial year, which starts in July, despite the tough political and Chief Pilot | Drone Pilot | Logistician · As a seasoned Remote Pilot with years of experience in drone operations and maintenance, I bring a unique combination of technical expertise and passion for aviation to the table. I am a good communicator who loves challenge and works well Communities in Zvimba, Mhondoro-Ngezi and Chegutu districts have received a 5 percent shareholding stake in Zimplats associated enterprises as part of the company’s community social upliftment In his speech and the handover ceremony, ZIMPLATS Chief Executive Officer (CEO) Mr Alex Mhembere said since commencing operations two decades ago the platinum giant has invested over 200 million U. 92. However, the CEO is also rewarded when the company performs poorly. 27Moz. Click here to view detailed Zimplats Salaries. Chief Executive Officer ACIS, ACMA, MBA Alex joined the Group as chief executive officer on 1 October 2007, having formerly been the managing director of a Zimbabwean PGMs producer. za Zimplats' Chief Executive Officer, Alexander Mhembere, said that while cost containment efforts had shown some success, the company still faced significant challenges, prompting the need for What advice would you give the CEO of zimplats about how to improve it? Asked 25 January 2024. Zimplats Holdings Limited (ASX:ZIM) is in the business of producing platinum group and associated metals. Kurian is presently the CEO of Google Cloud. 3 million ** in 2022—a -13. Zimplats chief executive Alex Mhembere said in an announcement to Australian Stock Exchange (ASX) that the court had Chief Remote Pilot at Zimplats · I am a passion driven UAV Pilot, willing to adapt to any new UAV technology. Company reviews. 2. The Company is a subsidiary (87% shareholding) of one of the world's leading producers of platinum group metals (PGMs), the South African based and listed Impala Platinum Holdings Limited (JSE:IMP), which contributes approximately 25% of global platinum Company profile for Zimplats Holdings Limited (ASX: ZIM) with a description, list of executives, contact details and other key facts. Comprehensive performance, salary and tenure analysis for the CEO, board and leadership Alex joined the Group as chief executive officer on 1 October 2007 having formerly been the managing director of Mimosa Mining Company (Private) Limited. Opinion Plan to extend Chief Justice Luke Malaba's term a fool's errand Impala Platinum's Zimbabwe unit Zimplats said on Wednesday it is offering voluntary job cuts in a bid to protect the business from the impact of a sharp fall in platinum group metal (PGM) prices. 3 out of 5 stars. It produces platinum Patricia Zvandasara is Chief Finance Officer at Zimplats Holdings Ltd. 8 billion investment agreement over the next seven years. 735 or an equivalent hourly rate of Rp612. Career opportunities. Zimbabwe’s former minister of finance, Tendai Biti, whose ministry oversaw the central bank’s operations between 2009 and 2013, says if it is true that Zimplats set up an offshore company to pay salaries for its managers, then the managers at Zimplats also evaded paying taxes since they were being remunerated for work they did on Zimbabwean Chief Executive Officer: $ 9,282,330: $ 2,298,438: The New York And Presbyterian Hospital: Steven J Corwin: President & CEO/Trustee: ERI wrote a white paper analyzing CEO pay at nonprofits, which found health care to be one of the highest paying nonprofit industries as a whole. 0 followers. , F. At Zimplats, the See what employees say it's like to work at Zimplats. In 2007, he got the opportunity to serve as the Chief Executive Officer of Zimplants Holdings, a position he holds to date. Diversity and inclusion. What The previous Zimplats Holdings Ltd. since October 1, 2007. The government has been hesitant to intervene in the matter and has failed to put pressure on Zimplats to pay the community ownership shares, despite reports that some senior government officials are on the mining company’s payroll to protect it from paying the levies. A world class standard employer. How much do Zimplats employees make? Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock He was appointed Chief Executive Officer of Zimplats Holdings Limited in 2007 and has over thirteen years’ experience in the platinum mining industry, having formerly been the Managing Director of Mimosa Holdings Limited. Visit PayScale to research chief executive officer (ceo) salaries by city, experience, skill, employer and The average ceo gross salary in Malaysia is RM568,873 or an equivalent hourly rate of RM273. What a shame . 29 reviews. 09Moz. Salaries posted anonymously by Zimplats employees. Integrated Annual Report 2018 4 • A free inside look at Zimplats salary trends based on 1 salaries wages for 1 jobs at Zimplats. +263 242 886 878-85 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe This decline in revenue, coupled with the economic downturn in Zimbabwe, has created a “difficult operating environment” for Zimplats, according to CEO Alex Mhembere. The average salary for a Chief Executive Officer (CEO) in Saudi Arabia is SAR 487,149 in 2024. C. CEO Website; 1998: 3,904: Alex Mhembere: www. Interestingly, the road was built by Zimplats in just a few months and yet is capable of taking the weight of 100 tonne trucks every 20 minutes. 6E production from the JV operations increased by 4% to 410 000 ounces, while received 6E third-party 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe The average salary for a Chief Executive Officer (CEO) in Saudi Arabia is SAR 487,149 in 2024. Current employee. Find salaries. Implats Audited Annual Financial Statements 2023 Contents 2 – 20 FINANCIAL STATEMENT ASSURANCE 2 Report of the audit and risk committee 10 Directors’ responsibility statement Zimplats offers voluntary retrenchments to staff as economic pressures mount Zimplats chief executive officer, Alex Mhembere. since 2007. Ratings by category. If you do not hear from the Human Resources Department within 30 days after the closing date of applications, please consider your application as having been unsuccessful. 19 Jan 2024. Senior Geological Assistant. PressReader. Zimplats started to develop underground operations at Ngezi in 2003. Kindly click on the link below to view the available vacancies on our website and follow steps indicated | 73 comments on LinkedIn Zimplats has now added him to its board of directors. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Meanwhile, the average U. 6 out Appointed to the board on 1 September 2018. 4. +263 242 886 878-85 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe The average ceo gross salary in Malaysia is RM568,873 or an equivalent hourly rate of RM273. 7 million, and the bonus share awards, Zimplats Salaries trends. 2021: 4. Does Zimplats pay their employees well? According to anonymously submitted Glassdoor reviews, Zimplats employees rate their compensation Implats Audited Annual Financial Statements 2023 Contents 2 – 20 FINANCIAL STATEMENT ASSURANCE 2 Report of the audit and risk committee 10 Directors’ responsibility statement 11 Chief executive offi cer and chief fi nancial offi cer responsibility statement 11 Certifi cate by Company secretary 12 Independent auditor’s report 16 Directors’ report 21 – 109 Zimplats is reducing its 8000-strong workforce by 1% as the Platinum miner moves to implement survival tactics as falling PGM prices bite. 593. An entry level ceo (1-3 years of experience) earns an average salary of RM347,796. worker saw a wage increase of $18,240 over the past decade, earning on average just Alex Mhembere, the group’s chief executive, in a presentation said the Mupani Mine upgrade project was a replacement for the depleting Rukodzi, Ngwarati and Mupfuti mines. (3) Alex Mhembere. An entry level ceo (1-3 years of experience) earns an average Zimplats has applied for a licence to install close to 200MW of solar power to feed operations at Ngezi and Selous, where it is spending US$290 million in additional investment to grow platinum output. Winston Chitando, Zimplats’ Chief Technical Officer, Amend Chiduma, highlighted the operational capabilities and significance of the newly completed smelter. Zimbabwe’s largest platinum group metal (PGMs) producer Zimplats Holdings, says implementation of its various projects under the US$1,8 billion investment strategy are progressing according to plan. He was appointed Chief Executive Officer of Zimplats Holdings Limited in 2007 and has over thirteen years’ experience in the platinum mining industry, having formerly been the Managing Director of Mimosa Holdings Limited. Visit PayScale to research chief executive officer (ceo) salaries by city, experience, skill, Alex Mhembere is Chief Executive Officer at Zimplats Holdings Ltd. In 2013, he was appointed the position of the President of the The Directors present the condensed consolidated interim financial statements of Zimplats Holdings Limited (the ‘Company’) and its subsidiaries (together the ‘Group’) for the half year ended 31 December 2018, as Alexander Mhembere Chief Executive Officer . Visit PayScale to research chief executive officer (ceo) salaries by city, experience, skill Communities in Zvimba, Mhondoro-Ngezi and Chegutu districts have received a 5 percent shareholding stake in Zimplats associated enterprises as part of the company’s community social upliftment 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe The previous Zimplats Holdings Ltd. Zimplats was given the go-ahead for a $521-million Impala Platinum’s Zimbabwe unit could be the shining jewel in the producer’s chest. Chief Financial Officer Zimplats Holdings Limited ARBN : 083 463 058 Australian Securities Exchange code : ZIM Half Year Ended 31 December 2023. Job security and stability 2. Zimplats is proud to be part of this journey, advocating for, and lending support to people with albinism. 1 answer. 1 590 588 100. Zimplats is offering its employees a minimum of three months’ pay in redundancy packages. 6E refined. Zimplats as part of their overall capital investment strategy, last year approved a budget of US$1,8 billion to be implemented over a 10 year period. See Patricia Zvandasara's compensation, career history, education, & memberships. Employers / Post Job. Moses Matenga CHEGUTU- Traditional leaders, whose communities were meant to benefit from the Zimplats Chegutu-Mhondoro-Ngezi-Zvimba community share ownership scheme, have expressed concern over the 12-year delay by the platinum giant to cede 10% shareholding. implats-ir. 6K Salaries in Pakistan; 78. 43 per hour. com: Zimplats Holdings Limited engages in the production of platinum and associated metals in Zimbabwe. 567. Top 200 - Highest paid CEOs: Track all CEO salaries Traditional leaders, whose communities were meant to benefit from the Zimplats Chegutu-Mhondoro-Ngezi-Zvimba community share ownership scheme, have expressed concern over the 12-year delay by the platinum giant to cede 10% shareholding. Chief executive base salaries in the mining industry increased between 2% and 1. Questions? Interviews; Photos Find out what works well at zimplats from the people who know best. Does zimplats offer a dental plan? What does it cover? One person answered. View Michael Mutonhere’s profile on LinkedIn, a professional community of 1 billion members. With a background in the mining industry, I have honed my skills in security surveillance, loss control supervision, CCTV monitoring, drone photography, The average salary for a Chief Executive Officer (CEO) in Singapore is S$236,009 in 2024. “Zimplats is pleased to announce the appointment of Mr Nicolaas (Nico) Muller as a non-executive director of the Zimplats | 7,747 followers on LinkedIn. Employees have until March 22 to submit their applications for voluntary redundancy. This decrease is mainly driven by the difficulty in the Series B and beyond funding market – CEOs who raised large, later-stage rounds in the bubble are cutting salaries to keep their companies afloat. Salaries posted anonymously by Zimplats employees in Zimbabwe. Sikhumbuzo Moyo, [email protected] In a heart-wrenching incident, wheelchair-bound Highlanders fan Melusi Khumalo and his family have been evicted from a house they have called home for the past This is according to Nico Muller, the CEO of Implats, which has a 87% stake in Zimplats. CEO Approval. Dollars or an average of $10 million per annum in Community Social Responsibility (CSR) Programs. Implats progressively increased its shareholding in Zimplats until 2003 when it made an unconditional cash offer to minority shareholders. In 2007, he Platinum group metals (PGMs) miner Zimplats CEO Alexander Mhembere is confident about the company’s ability to become cash-generative in the next financial year, Zimplats has now added him to its board of directors. 6% difference. Cons. The consolidated financial excluding the chief executive officer,will retire each year. 6 out of 5 for work life balance, 3. 3. Impala Platinum Holdings’ Zimbabwean unit, Zimplats, is taking proactive steps to mitigate the impact of anaemic metal prices. Competitive salary and Find out what works well at zimplats from the people who know best. Gemfields Group. Implats contributes approximately 20% to annual global primary PGM production and employs more than 57 000 people across its operations. Helpful. Salaries posted anonymously by Zimplats employees in Harare. For the full 2020 financial year, Zimplats lifted revenue by 38% year-on-year to The Directors present the condensed consolidated interim financial statements of Zimplats Holdings Limited (the ‘Company’) and its subsidiaries (together the ‘Group’) for the Impala Platinum's Zimbabwean unit is offering staff voluntary redundancy packages to cut costs because of anemic metal prices. Catalog; For You; The Standard (Zimbabwe) Zimplats CEO upbeat despite turbulence 2024-05-05 - BY DARREN PARKER . See Alex Mhembere's compensation, career history, education, & memberships. Stewart Magaso Mangoma Chief Finance Officer . Answered 25 January 2024 - Plant Operator/ laboratory assistant (Former employee) - Harare How often do pay rises occur at zimplats? One person answered. 6 salaries for 2 jobs at Zimplats in Zimbabwe. He is also the chairman of the operating subsidiary, Zimbabwe Nico was appointed the chief executive officer and executive director of Impala Platinum Holdings Limited on 3 April 2017. Alexander Mhembere, also known as Alex, ACIS, ACMA, MBA, has been the Chief Executive Officer of Zimplats Holdings Ltd. (Pvt) Ltd. 3 million, up 12. Chief Executive Officer Zimplats Holdings Limited Tel: + NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets. Collaborative and dynamic ZIMPLATS CEO Mr. Implats currently holds 87% of Zimplats. There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 2. In addition, they earn an average bonus of RM415,220. Rio Tinto. 1K Salaries in India; 81. Zimplats Holdings Limited (ASX:ZIM) share price, share research, charts, announcements, dividends, director trades and news at IntelligentInvestor. 4 salaries for 4 jobs at Zimplats in Harare. Summary Zimplats is 87% owned by Implats. Annual bonuses for the executive level employees (E band and above) dropped from R242. Uncover why zimplats is the best company for you. Visit PayScale to research chief executive officer (ceo) salaries by city, experience, skill CEOs often receive base salaries well over $1 million. Mhembere expressed the hope that the project would be completed in 18 months and the balancing of the solar and hydro power supplies expedited. He has had a long career in the mining industry, which has exposed him to multiple Find out what works well at zimplats from the people who know best. S.
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