Thursday 20 September 2018
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businessdaily
4 months ago

Hwange Colliery proposes 1 300 job cuts

HWANGE Colliery Company Limited (HCCL) shareholders toyed with the idea of cutting 1 300 jobs to save the company two years ago, a report has said.Minutes of two-day meetings of major shareholders held on October 17 and 18 indicate that one of the shareholders suggested that the company, with 2 400 workers, trim its headcount to 1 100.Government, with about 38 percent shareholding in the company a...

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