Hwange Colliery Company Limited
Hwange Colliery Company Limited is in the business of mining and processing coal, production of coke and related by-products. The Company aims to produce more than (5) million tonnes of coal per annum in order to satisfy the domestic and export customers. Hwange Colliery Company Limited, Zimbabwe’s leading coal producer, is located in the remote western tip of the country, Hwange town.Although remotely located, it is however far from being isolated, as just next door is the beautiful Hwange National Park and only one hundred kilometers to the northwest is one of the natural wonders of the world-Victoria Falls (Mosi-oa-Tunya) on the mighty Zambezi River.
To speak of Hwange town is to speak of Hwange Colliery Company. It is a mining town, a Company town, a coal town, which, owing to its remote location, has developed a self-contained community with a population of about 55 000.All services associated with local and central government – from road maintenance to refuse collection, water and power reticulation, schools, health, housing,recreational facilities and sewage disposal – are provided by the Company. It also operates its own railway and road transport system, internal security and telephone system.
In addition, adequate shopping, postal and banking facilities are provided to the community. In sports the Company boasts, inter alia, an 18 hole golf course, tennis, cricket, bowling ,squash, badminton, angling and boating clubs and has a football team playing in the country’s Buddie Premier Soccer League.
The Company provides and maintains suitable housing for all employees. Hwange Colliery Company owns and operates a large, modern and well equipped six ward hospital, the biggest in Matebeleland North outside Bulawayo, which is staffed by seven doctors and other professional staff. The Company prides itself on looking after its employees’ interest, “from the womb to the tomb”.
Hwange Colliery Company provides the energy needs of the whole nation from the “black stones that burn”.
The shares of the Company are quoted on the Harare, London and Johannesburg Stock Exchanges.
The Company employs 3200 people and its board comprises of ten members whose composition reflects the holdings of the major shareholders.
Hwange Colliery’s role in the economy of Zimbabwe is of great strategic importance, as coal is a vital source of energy found in abundance in the country