Hwange Colliery

There was very little production in the first three months of the year due to a combination of working capital constraints and antiquated equipment.

Efforts to turn around the fortunes of Zimbabwe’s Hwange Colliery hit a stumbling block as the company reported significant financial losses for 2018.

Hwange Colliery has suspended its MD, Thomas Makore, on allegations of corruption. Acting board chairperson, Juliana Muskwe, says the measure was taken following reports of disharmony within the company’s top management.