Reply to thread

Message

[QUOTE="Munyaradzi Mafaro, post: 67659, member: 636"]
Vice President Constantino Chiwenga praised management at Hwange Colliery Company for increasing production to more than 2.5 million tons during the first six months of this year, up from 1.9 million tons in the corresponding period of 2024. The mining operation achieved this growth without outside investment and has eliminated all domestic and regulatory obligations that totaled $450 million in 2018. Only international creditors remain unpaid. The colliery employs 500 workers at present after operating with minimal staff before leadership changes under the current administration.

Chiwenga visited the facility on Wednesday to review development projects and met with executives led by Munashe Shava and chief executive William Gambiza. The vice president said the rapid turnaround exceeded expectations after years when observers doubted the company could recover. Authorities view the expansion as central to broader economic plans that emphasize coking coal exports and domestic power generation. Management presented additional strategies for continued growth during the assessment.
[/QUOTE]

Name