Latest News Editor's Choice


Business / Economy

Zimbabwe can be considered a diamond success story says ADC

by Staff Reporter
22 Jun 2013 at 05:53hrs | Views
THE African Diamond Council says Zimbabwe can be considered a diamond success story after the country managed to auction its gems outside the country at a time it was under sanctions from the Kimberly Process Certification Scheme.

ADC chairman Dr Andre Jackson made the remarks during his speech at the Angola centenary diamond conference in Luanda last week during which he attacked the Kimberly Process for obsessing with dominating African diamond producers.

In expressing numerous reservations of ADC and the Africa Diamond Producers Association over KP's detrimental stance against African diamond producers he said that ADC would seek eradication of the Kimberly Process Certification Scheme.

He also said ADC would pursue an alternative system that morally embraces a more comprehensive definition that stops suffering in the global diamond industry. Dr Jackson said that throughout the year, "our united ruling body makes several judicious propositions in the direction of other associated industry bureaucracies".

He pointed out that whenever apparent and inattentive ambiguities exist within aspirant fraternal structures distinctively designed to deter success and sovereignty in African diamond industry, ADC members were encouraged to fulfill their strategic objectives until acknowledged oversight has been passably rectified.

"This circumstance is the very reason why Zimbabwe's diamond sector could not be held accountable for external sales during the Kimberly Process sanctions and it's also why Zimbabwe can be considered a diamond success story," said Dr Jackson.

Source - Herald