HCCL, coal merchants’ negotiations stalled

The country’s leading coal producer has started hunting for a new managing director following the departure of Mr Moyo at the expiry of his contract in September.

The colliery has engaged the services to an employment agency to shortlist potential candidates to replace Mr Moyo who had been at the helm since 2007.

Mr Nkomo said their situation had also been worsened following the recent resignation of HCCL marketing manager Mr Charles Zhou, whom he said was supportive of the discussions. “This leaves us in the cold as coal merchants because we do not know whether the new people to occupy their positions will accept committing themselves to the discussions,” said Mr Nkomo.

The CMAZ a few years ago suspended coal distribution to consumers due to stiff competition from the colliery which was distributing directly to the traders’ customers.

During the discussions HCCL raised fears that if given the platform to distribute the coal, the traders may inflate the black gold price resulting in the end-user buying the product at a higher price compared to what the miner would charge when selling directly to customers.

However, CMAZ has assured HCCL that members would be properly registered with the association and disciplinary action will be taken on those deviating from its principles.

Some of the major consumers that CMAZ supplied with coal include health institutions and companies in sectors such as agriculture, manufacturing and engineering.

 

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