Government, a 37 percent shareholder in the country’s largest coal miner. TRI-listed Hwange Colliery Company Limited (HCCL)’s proposed rights issue is set to go ahead following the completion of validation of the money government is owed by the coal miner in tax liabilities, the Financial Gazette’s Companies & Markets (C&M) can report. Government, a 37 percent shareholder in the country’s largest coal miner, intends to convert HCCL’s debt to shares. This process would later be followed by a US$88 million rights offer. British business magnet, Nicholas Van Hoogstraten, controls 16,76 percent of HCCL through his Messina Investments. The Zimbabwe Stock Exchange-listed coal miner, which also trades pockets of its shares on the London and Johannesburg stock…