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HCCL continues on a loss-making trajectory

Financially-troubled Hwange Colliery Company Limited (HCCL) is continuing on a loss-making trajectory, with the latest trading update indicating that the coal miner recorded 64 percent net loss during the first quarter of 2020, ended March 31. The debt-ridden company, which was placed under administration in terms of the Reconstruction of State-Indebted Companies Act [Chapter 24:27] […]