Zimbabwe: Explosive Hwange AGM in the Offing

Hwange Colliery Company's forthcoming annual general meeting is likely to be explosive with a major shareholder threatening to block a couple of what he termed "mickey mouse" proposals.Mr Nick van Hoogstraten said in an interview yesterday that he would not allow the two resolutions he once shot down to sail through at the AGM scheduled to take place at the end of this month.

The business mogul's remarks come as Government reversed its earlier decision to move a motion to retire all directors on the coal miners' board later this month, a position the State changed in about 72 hours. It now appears only two board directors face the chop.

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