Hwange mine workers down tools

HARARE - Zimbabwe Stock Exchange-listed coal producer Hwange Colliery Company Limited (HCC)’s mine workers went on strike Monday over unpaid salaries.

Jemister Chininga, the company’s acting managing director, yesterday confirmed that the employees, who claim they are owed five months’ salaries, had downed tools.

“Yes we are experiencing demonstration problems at the site,”Chininga told businessdaily, before asking if he could be contacted later as he was going into a meeting in which the labour issue was on the agenda.

However, Chininga was unavailable when contacted later while the company’s secretary Thembalami Ncube refused to comment referring all questions to the group’s public relations manager whose mobile phone was unreachable.

Some of the striking employees said they will not report for duty until they get their salaries.

“We’re on strike and will not work till we’re paid the fruits of our labour.

“For the past five months we have been coming to work without being paid. Enough is enough,” said one employee who preferred anonymity.

The employee also claimed that HCC planned to slash the outstanding salaries and dismiss those taking part in the stay-away.

According to reports, HCC recently suspended 520 workers over share-issue disputes.

This comes as the coal miner recorded a $3,1 million net profit in the year to December 2012, down 26 percent from prior comparable period.

The group’s performance was weighed down by increased finance costs which went up more than two-fold to $4,1 million from $1,8 million.

During the period under review, debts increased to $31, 6 million from $24,9 million.

Turnover reduced to $104,2 million compared to $107,9 million achieved in the previous year on the back of a 25 percent decrease in sales volumes.

This followed the unprecedented reduced uptake of coal by the Zimbabwe Power Company.

Total coal sales dropped to 1,9 million tonnes compared to 2,5 million tonnes in the comparative period.

Export sales, however, grew by 28 percent to 260 803 tonnes against 203 096 tonnes the previous year.

Consequently, export revenue grew to $26,1 million, contributing 25 percent of turnover, compared to $13,4 million the previous year.

Coal sales, including breeze, were 228 201 tonnes, up by 205 percent from the previous year, while the bulk of the coke sales were from South Africa and Zambia.

The company said operations continued to be affected by archaic mining equipment, resulting in increased operating costs.

HCC recently acquired from South Africa equipment valued at $6,35 million through a short -term funding facility with a major customer.

The equipment was commissioned last year in December and had significantly improved operations at Chaba pit where it was deployed.

Comments (5)

idiot!! and stupid acting MD how can he say we claim to have outstanding salaries, actually we have not been paid from april to date. He does not deserve to be an MD of a big company like HCC Ltd

m ras - 28 August 2013

It is so painfull to note that these people who are not being paid are fathers & mothers ,This is a typical result of policies like the INDEGINISATION becoz all this is a result of political interference which puts LOOTING of finances by politicians channeling money meant for business to RIGGING activities.This MD is a ZANU PF guard appointed safeguard their interests in HCC at all costs weather people get paid or not they don't care .Let's pray for GOD to intervene becoz famillies are suffering coz of this.

CASHTALK - 28 August 2013

Voda, the woman you talk about is obviously now an employer. Workers will always be there and they should be paid for businesses to prosper.

em - 29 August 2013

Vada keep your advice to yourself! Please let people air their views freely without your continued interference and bad advice. If you benefited from the sale of accident cars, then enjoy your life and proceed to make more money because accidents continue occuring. Politics affects our daily lives and we cannot ignore it. We also get worried about the future of this country because we have kids. If you don't have kids, then do your accident cars business queitely. There so many people out there making more money than your business realise but they do not interrupt other people like you do. We are sick and tired of your advice.

Sick and tired. - 30 August 2013

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