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Hwange new board convenes

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The new Hwange Colliery Company (HCCL) board is expected to elect its chairperson during today’s first seating after the ouster of Tendai Savanhu led board, it has been learnt.

Sources at the company told NewsDay early this week that the election of a new chairperson will be one of the main items on the agenda of the first meeting.

It could, however, not be immediately established who among the recently installed board had offered themselves for election.

“According to the agenda sent to new board members, the first meeting will be held on Wednesday (today) in Harare. During the meeting a new chairperson will be elected,” said a board member.

After the election of a new chairperson, directors are expected to under-go an induction course.

The new board comprises of Norman Chibhanguza, Jemmister Chininga, Ian Haruperi, Nkosilathi Jiyane, Siphiwe Mapfuwa, Johnson Mawere, Farai Mutamangira, Lucas Nkomo and Valentine Vera.

The developments come at a time when embattled Hwange Colliery Company Limited (HCCL) ousted chairman Tendai Savanhu says he is still in charge of the company.

Last week Savanhu described company secretary Thembelani Ncube as misguided after he issued a statement containing resolutions by shareholders confirming the axing of the board he led.

Said Savanhu: “The company secretary is misguided. The meeting being referred to was illegal. He is just a minute taker and is not a member of the board.

“We do not mind being booted out, but what we want is for the meeting to the properly constituted. I was appointed by the government and there is no way I can oppose what it wants.”

At the August 3 meeting shareholders approved removal of Fortune Chasi, Shingai Mutumbwa, Tendai Savanhu, Prisca Mupfumira and Thandiwe Mlobane.

Shareholders did not pass the re-election of Thabani Ndlovu, Alpheus Ngapo, James Nqindi and Rosemary who were retiring and did not seek re-election.

HCCL shareholders are the government with 37,1%, Nicholas Van Hoogstraten through his vehicle Messina Investments with 14,8% and Mittal Steel Africa 9,76%.

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