William Gambiza Appointed Hwange’s Acting Managing Director

William Gambiza

Mining investment expert Engineer William Gambiza has been appointed Acting Managing Director of Hwange Colliery Company Limited (HCCL). This was effective from February of this year.

Rudairo Mapuranga

HCCL is currently undergoing reconstruction for the second time in two years and aims to utilize the vast experience of Eng Gambiza to transform the coal miner.

Eng Gambiza is an accomplished mining investment expert with 18 years of experience in mineral asset management and investment banking. He has held several senior positions in the mining industry and mining finance sectors.

Drawing on his experience as a mining analyst, Eng William Gambiza 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 fundamental analysis.

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He joined Hwange Colliery Company Limited (“HCCL”) in November 2023 as a Consultant in 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 (FGR). William 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 holds a BSc Honours Degree in Mining Engineering, an MSc (Eng.) in Valuation of Mineral Assets, an MSc in Strategic Management, an Investment Banking Analyst (IBA) Program, and a Certified Business Valuation Analyst (CVA). He is currently studying for a PhD in Mineral Economics at the University of Zambia.

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