Chinese mega deals in doubt

Zimbabwe's vaulted multi-million dollar energy and infrastructure deals with China are "in jeopardy" following Harare's ill-advised seizure of all diamond mining claims in Chiadzwa, including those owned by Anjin Investments (Private) Limited.

The controversial decision does not only have a negative impact on investment inflows into the country, but it has already backfired spectacularly with hundreds of illegal artisanal miners and dealers invading the gem-rich Marange fields in Manicaland since the expropriations were announced.

At the same time, well placed Zanu-PF sources told the Daily News that Mines minister, Walter Chidakwa's decision was closely linked to the ruling party's worsening and seemingly unstoppable factional and succession wars.