12 April 2018

Southern Africa: Hwange Colliery Eyes DRC, SA, Zambia Markets

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.

Zimbabwe

Pension Fund in Corruption Scam

A probe into the Unified Councils Pension Fund (UCPF) has unearthed massive abuse of funds amid evidence the board… Read more »

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