Hwange Colliery workers have received part of their outstanding wages as the coal mining giant moves in to normalise salary payment in line with the turn-around strategy and the recently approved scheme of arrangement.
Hwange Colliery workers who had to go for months without salaries are breathing a sigh of relief after the employer paid the staff seven percent of the outstanding salaries in a development that has ignited a lot of optimism among the workers.
There was so much excitement around the coal mining town yesterday as the cheerful workers went on a shopping spree while others were queuing at the banks to withdraw their money.
The workers who could not hide their joy, expressed confidence the recent developments will mark a new charter in the journey towards improved staff welfare.
Hwange Colliery workers’ committee secretary general, Mr Garikai Sigauke said it is pleasing that the employer has took a commendable decision to pay part of the salaries owing and stressed the workers’ commitment to help the company in the turnaround efforts.
Hwange business community is also excited about the developments with many business operators saying the recovery of the coal mining firm and the consistent payment of salaries is welcome.
In May this year, Hwange Colliery creditors approved a scheme of arrangement that will stagger debt repayments.
The scheme also stopped litigations and writs of executions which had crippled the company’s operations.