Hilmax powers back with fresh capital, now targets new mines

📅 Published: August 18, 2025

📰 Source: theindependent

Curated by AllZimNews.com

For 13 years, Hilmax Engineering has been a trusted partner to Zimbabwe’s mining sector, supplying engineering solutions to some of the country’s largest mines.

But in February 2024 the company’s future hung in the balance after it was placed under corporate rescue, with Reuben Mukavhi appointed to lead the process.

Backed by 100% of creditors and shareholders, Hilmax pursued a bold rescue plan that attracted fresh strategic investment and returned the firm to stability.

Now, with new ownership and a renewed vision, the company is setting its sights on expansion into emerging mining opportunities.

Our assistant editor, Mthandazo Nyoni (MN), this week spoke to Hilmax Engineering managing director Shephard Kembo (SK, pictured) about the recovery and what lies ahead.

Below are excerpts from the interview:
MN: As the new managing director, what is your immediate vision for Hilmax Engineering, and how do you plan to steer the company post-corporate rescue?

SK: My immediate vision is to restore Hilmax Engineering to its rightful position as a trusted, innovative, and resilient engineering solutions provider for Zimbabwe and the region.

The goal is to move from survival to scale by stabilising operations, re-engaging our core clients in mining and industry, and implementing smart systems that drive efficiency and performance.

We are adopting a model rooted in operational excellence, engineering integrity, and customer value creation.

It is important to highlight that I do not carry this responsibility alone.

Our success is guided by the vast experience and strategic leadership of our executive chairman, John Mkushi.

His legacy in Zimbabwe’s industrial and corporate sectors, including his previous roles as group chief executive of Shabani Mashava Mines, chairman of the Mining Industry Pension Fund, and first black president of the Confederation of Zimbabwe Industries, continues to shape our transformation agenda.