HCC board gets the boot

Hwange Colliery Company Limited shareholders are expected to confirm the sacking of at least nine members of the current board led by Tendai Savanhu at it’s rescheduled annual general meeting (AGM) set for August 3.

The initial AGM on June 30 was aborted after the government queried the contents of the agenda.

The government, which has a 37% stake in HCCL, has nominated Farai Mutamangira, Jiyane Nkosilathi, Manjingolo Mlawuli, Lucas Nkomo and Valentine Vera.

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