Thursday 17 January 2019
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businessdaily - 8 month ago

$200m siphoned from Hwange

A KEY shareholder in the Zimbabwe Stock Exchange-listed coal mining giant Hwange Colliery Company Limited has raised the red flag over its multimillion-dollar coal gasification project, amid claims that the company siphoned $200 million out of the country for the past decade.In the latest allegations of mismanagement to rock Hwange, Messina Investments - the second largest shareholder in coal mi...

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