[The Herald] GOVERNMENT is on the verge of increasing its stake in Hwange Colliery Company Limited (HCCL) significantly after the coal miner said it is at an advanced stage of converting Government debt into equity. The State was the single biggest shareholder with 37 percent stake followed by British business mogul, Nick van Hoogstraten, who had 15 percent and Mittal Steel African investments at 10 percent.Government is set to significantly shore up its stake through a rights offer that will result in conversion of it ......
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