Cost pressures weigh heavily on Hwange

HWANGE Colliery Company (Hwange) says high costs and low output have kept it in a net current liability position. Advertisements The company, however, swung to a $3,5 million profit in the half year to June — from a $23 million loss in 2018. But total liabilities still exceeded its total assets by $286 million. “The…

Subscribe to read full article. Subscribe today

Related posts

Liquidity problems rattle local stocks

First Capital assets double on forex holdings

OK Zimbabwe wants ‘fully’ liberalised exchange rate

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More