Eng Gambiza appointed Hwange Colliery Acting MD

Zim Now Writer

Hwange Colliery Company Limited has appointed Engineer William Gambiza as Acting Managing Director.

His appointment is effective February this year.

William is an accomplished mining investment professional with 18 years of experience in mineral asset management and investment banking.

In a statement, Hwange Colliery said Gambiza has held several senior positions in the mining industry and mining finance sectors.

“Drawing on his experience as a mining analyst, William has developed competencies in mining related business planning, management, valuations, modelling, economics, strategy, and transaction experience, including a unique and comprehensive understanding of the mining industry and a disciplined approach to investing based on a fundamental analysis.

“He joined Hwange Colliery Company Limited in November 2023 as a Consultant Business Restructuring and Development, and was later appointed Acting Managing Director in February 2024.

“Prior to joining HCCL, he was the Chief Investments Officer Metal & Mining for Unchartered Group. He also worked as the fund manager for Fidelity Gold Refiners,” reads the statement.

Gambiza started his career as a mining engineer with HCCL, after which he worked for other mining companies, including Zambezi Gas where he served as a projects mining engineer, and Marange Resources as the mining manager before migrating into mining private equity and venture capital space.

He also serves on company boards, including Harare Quarry where he sits as the Vice Chairman.

Originally trained as a mining engineer, William is a holder of a BSc Honours Degree in Mining

Engineering, MSc (Eng.) in Valuation of Mineral Assets, MSc in Strategic Management, Investment Banking Analyst Program and Certified Business Valuation Analyst.

He is currently studying a PhD in Mineral Economics with University of Zambia.