Southern Eye
February 25, 2021, Thu
The Hwange Colliery Company Limited (HCC) says it hopes to settle outstanding salaries in the third quarter to September if efforts to recapitalise bear fruit.
Coal miner, Hwange Colliery Company Limited (HCCL), is seeking $33 million to recapitalise the business and double output to 300 000 tonnes per month
THE decision by Hwange Colliery Company Limited (HCCL) shareholders not to pay directors fees for 2012 in view of the fact that workers have gone for 11 months without pay has to be applauded.
VICE-PRESIDENT Joice Mujuru will today officiate at the Hwange Colliery Company (HCC)’s 42nd commemorations of the Kamandama Mine disaster where over 400 miners lost their lives after an explosion at Number Two Colliery in 1972.
MINES minister Walter Chidhakwa has challenged the board and management of Hwange Colliery Company to come up with innovative ways of increasing productivity to boost its dwindling revenue base without embarking on retrenchment which he said was detrimental to the country’s economic revival.
IT’S almost a year since President Robert Mugabe and his Zanu PF party registered a crushing victory in the July 31 polls where Zimbabweans were promised a new dawn.
COAL miner Hwange Colliery Company (HCC) Limited has recorded a 16% decrease in overall volume sales attributed to low production and cut-throat competition in the local coal market.
A HWANGE Colliery Company (HCC) employee has been fired for writing a series of letters accusing the board and management of ignoring constructive criticism resulting in the colliery failing to meet production targets culminating in salary delays running into several months.
HWANGE Colliery Company (HCC) acting managing director Victor Rakaboka has appealed to the government to help secure loans to acquire new equipment and maintain machinery so as to boost coal production.
ZIMBABWE Power Company has given struggling Hwange Colliery a $6,7 million credit facility to buy mining equipment, an official said on Wednesday.