Hwange Colliery eyes DRC, SA, Zambia markets

Hwange Colliery eyes DRC, SA,  Zambia markets

 

In Zimbabwe, coal remains a critical resource, and government had until recently kept the sector closed to private players.

In Zimbabwe, coal remains a critical resource, and government had until recently kept the sector closed to private players.

STRUGGLING coal producer, Hwange Colliery Company Limited, is eyeing regional markets to widen its revenue streams and earn foreign currency.
Company secretary, Allen Masiya, said the listed firm, which has a negative equity position of $211,5 million, had secured working capital facilities to import additional underground mining equipment to boost production.

Read full story in The Financial Gazette paper

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