Cost pressures weigh heavily on Hwange

AdvertisementsHWANGE 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…