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The curse of diamonds: How Zimbabwe's wealth is failing its people
I was listening this morning as the Minister of Mines, Winston Chitando, boasted over Zimbabwe's increasing diamond production. Indeed, Zimbabwe's diamond industry has long been touted as a be...Published: 01 Oct 2024 at 15:09hrs | 962 | by Tendai Ruben Mbofana
Zimbabwe holds 7th rank in global rough diamond production
Zimbabwe has maintained its seventh position in global rough diamond production according to the Kimberley Process Certification Scheme. Despite facing sanctions and strict trading rules in major US a...Published: 10 Jul 2024 at 15:42hrs | 23 | by Staff reporter
400 delegates jet into Zimbabwe for diamond Indaba
Approximately 400 delegates hailing from 59 countries, including Zimbabwe, are set to gather in Victoria Falls next week for the Kimberley Process Certification Scheme (KPCS) summit. The focus of thes...Published: 03 Nov 2023 at 05:35hrs | 14 | by Staff reporter
Corrupt US$400m deal morphs into political fix
The controversial deal to get state-run Zimbabwe Consolidated Diamond Corporation (ZCDC) to acquire a 33% shareholding in Great Dyke Investment (GDI) for US$400 million has taken a political turn, wit...Published: 14 Apr 2023 at 19:46hrs | 7 | by Staff reporter
Vic Falls double header for Mnangagwa
PRESIDENT Mnangagwa will be in Victoria Falls today to lead key proceedings of two separate high-level international economic conferences as the Second Republic intensifies its efforts to accelerate d...Published: 23 Mar 2023 at 06:15hrs | 4 | by Simbarashe Sithole
Zimbabwe to scale up diamond cutting, polishing industry
MINES and Mining Development Minister Winston Chitando has said the country is targeting seven million carats this year as the country plans to scale up the diamond cutting and polishing industry....Published: 09 Mar 2023 at 05:21hrs | 12 | by Staff reporter
Zimbabwe's diamonds sold for a song
Zimbabwe often sells its diamonds below market prices as they are not sought for and are even explicitly banned by major jewellery retailers for ethical reasons," ReportZIMBABWE is allegedly s...Published: 05 Feb 2023 at 08:28hrs | 2 | by Staff reporter
Mining to drive Zimbabwe growth
Zimbabwe's mining industry has "immense" potential to drive socio-economic development and growth of the economy, underpinned by strategies designed to transform the sector to a US$12 billion industry...Published: 20 Apr 2022 at 08:04hrs | | by Staff reporter
Mining sector rakes in US$5,3 billion
Zimbabwe generated US$5,3 billion from mineral exports last year, half the US$12 billion mining industry target set for next year with output rising and new mines opening or re-opening, Mines and Mini...Published: 24 Mar 2022 at 05:17hrs | 4 | by Staff reporter
EU snubbed Mnangagwa at Brussels summit
PRESIDENT Emmerson Mnangagwa was snubbed by top European Union diplomats at last week's EU-Africa Summit while regional counterparts secured critical meetings, pouring cold water on government claims ...Published: 26 Feb 2022 at 19:30hrs | 3 | by Staff reporter
Power play rocks Zimra
THE Zimbabwe Revenue Authority (Zimra) board was allegedly pressured by Treasury to appoint Morris Mpofu as acting commissioner-general, a move which was quickly reversed last week by the government i...Published: 15 Jan 2022 at 00:13hrs | 3 | by Staff reporter
Zimbabwe happy to assume World Kimberley Process post
Zimbabwe says it is greatly honoured to have been elected vice chair for the World Kimberley Process for 2022, at a time when local diamond production is scaling new records.The election was d...Published: 22 Nov 2021 at 05:51hrs | 13 | by Staff reporter
Zimbabwe elected Kimberley vice chair
Zimbabwe was last night elected vice chairperson of the World Kimberley Process, which ensures that all global diamond mining and sales are done legally and following laid-down standards, with the vot...Published: 13 Nov 2021 at 05:54hrs | 10 | by Staff reporter
Zimbabwe diamonds to be classified as conflict gems?
THE 69th plenary meeting of the United Nations (UN) has resolved to include a discussion on whether Zimbabwean diamonds should be classified as conflict gems during the inter-governmental organisation...Published: 15 Mar 2019 at 17:13hrs | 21 | by Staff reporter
Pressure to block sale of Zimbabwe diamonds
AN alliance of international civil society organisations affiliated to the Kimberly Process Certification Scheme (KPCS) has urged the grouping of diamond-trading nations to classify Zimbabwe's gemston...Published: 09 Mar 2019 at 06:44hrs | 5 | by Staff reporter
Transformation: Imparting depth to the economy
Last week closed on a very good note.First, Government announced the much-awaited Diamond Policy.This new policy protects the National Interest, while meeting the expectations of the K...Published: 09 Dec 2018 at 06:48hrs | 1 | by President Emmerson D. Mnangagwa
Diamond exploration starts along highway
THE Zimbabwe Consolidated Diamond Company (ZCDC) has intensified diamond mining by spreading its tentacles from Chiadzwa to Murazvu Village A adjacent to Wengezi, along the Mutare-Masvingo highway, wh...Published: 18 Nov 2018 at 07:58hrs | 12 | by Staff reporter
Kimberley Process chair asked to suspend diamond exports from Israel
During a round-table meeting in the EU Parliament in Brussels the EU chair of the Kimberley Process, Hilda Hardeman and chair of the KP Civil Society Coalition (CSC), Shamiso Mtisi, were urged to susp...Published: 11 Nov 2018 at 12:09hrs | 1 | by Sean Clinton
Marange diamond comes under the spotlight in Brussels
Human rights abuses in Marange and plans by the Zimbabwe Consolidated Diamond Company (ZCDC) to rope in artisanal miners risk putting the country on the agenda of the Kimberley Process Certification S...Published: 10 Nov 2018 at 11:15hrs | 2 | by Staff reporter
How diamond smuggling is thriving in Zimbabwe
SITTING under a shade with eyes glued on a road in Mozambique's Manica town's affluent suburb, a group of five young men scans all directions for potential suppliers of diamonds.The street is ...Published: 11 Mar 2018 at 09:26hrs | 12 | by Wealth of Nations
'Officials looted Chiadzwa diamonds'
Zimbabwe is yet to extract diamonds worth US$15 billion from Chiadzwa, putting paid to claims that gems worth that much were looted from there, the Zimbabwe Anti-Corruption Commission has said....Published: 11 Feb 2018 at 07:37hrs | 3 | by Staff reporter
Canada supports Zimbabwe economic revival efforts
Canadian ambassador to Zimbabwe Mr Rene Cremonese says the North American country is willing to rebuild the economy and uplift living standards of the people.Speaking on the sidelines of Canad...Published: 19 Jan 2018 at 15:21hrs | 3 | by Staff Reporter
'Chidhakwa lied to KP'
MBADA Diamonds shareholder Grandwell Holdings has accused Mines minister Walter Chidhakwa of lying to the Kimberley Process Certification Scheme that legal disputes pertaining to the forced consolidat...Published: 02 Jun 2017 at 10:38hrs | | by Staff reporter
Zimbabwe pays Russians $5 million for diamonds
Zimbabwe has paid $5 million-plus to buy out Russian-led miner DTZ-OZGEO for expropriating its diamond claims in Chimanimani.This also comes as parliament is cranking up pressure on President ...Published: 04 May 2017 at 14:41hrs | 6 | by Staff reporter
Diamond mogul speaks on how US sanctions hurt Zimbabwe diamonds
THIS week the Zimbabwe Independent - which in December last year began publishing fresh stories based on new and original material into the Chiadzwa alluvial diamonds discovery and subsequent plunderi...Published: 14 Mar 2017 at 13:17hrs | 10 | by Staff reporter
REWIND: Mujuru implicated in blood diamond scandal
According to recent reports, Zimbabwe's Vice President Joyce Mujuru threatened a senior executive of a British company with unspecified action after the company refused to handle $15 million worth of ...Published: 13 Mar 2017 at 12:16hrs | 3 | by Charles Rukuni - GroundReport
Businessman gunned down in Chiadzwa
A tuck-shop owner near the controversial Chiadzwa diamond fields close to Kurauone Primary school was reportedly gunned down by two yet to be known gun men at his business prem...Published: 02 Feb 2017 at 19:14hrs | | by Staff Reporter
Zim consolidates diamond mining in Chiadzwa
Zimbabwe has consolidated diamond mining operations in Chiadzwa procedurally and indicated that it will not dump this model as it has worked effectively in other countries, a Cabinet minister has said...Published: 22 May 2016 at 09:35hrs | 2 | by Lincoln Towindo
Time to demand $15 billion gems revenue
During the tenure of the Inclusive Government of February 2009 to July 2013, President Robert Mugabe was repeatedly informed on the high-level shenanigans that were part of a stealth and deliberate co...Published: 03 Apr 2016 at 12:20hrs | | by Welshman Ncube
Mujuru to engage the Chinese Embassy
Zimbabwe People First (ZPF) leader Joice Mujuru has called for a thorough investigation by the Chinese Communist Party's graft-busting organ, the Central Commission for Discipline Inspection, into cla...Published: 26 Mar 2016 at 15:02hrs | 3 | by Staff reporter
Zimbabwe government hypocrisy over diamonds exposes its corrupt nature
Firstly, I would like to express my appreciation for the feedback that readers have been sending, and also assure them that I am still writing - however, the lull in the frequency of my writings has b...Published: 05 Mar 2016 at 07:46hrs | | by Tendai Ruben Mbofana
Zimbabwe's mineral wealth: From purse to zurse
FOR those of you who, like me, with a deep interest in the subject of political economy, will remember the phrase 'resource curse'. A quick reference to Wikipedia will tell you that the term&nbs...Published: 08 Aug 2015 at 07:34hrs | 1 | by Welshman Ncube
CAR appeals to Mugabe over KPCS registration
The Central African Republic (CAR) says it will engage the African Union chair to seek solutions following strong objections to its Kimberley Process Certification Scheme (KPCS) registration bid by ci...Published: 25 Jun 2015 at 16:09hrs | 1 | by Staff reporter
Zimbabwe on KPCS Agenda again
Reports coming in from Zimbabwe's media regarding the Kimberley Process Certification Scheme's (KPCS) Intersessional meeting in Luanda, Angola, seem to indicate that, once again, Zimbabwe's diamond mi...Published: 25 Jun 2015 at 08:45hrs | 2 | by diamondintelligence
Local NGOs under fire for 'soiling' Zim's diamond trade
DIAMOND traders and producers who attended a diamond conference in Harare recently have castigated non-governmental organisations for disseminating falsehoods about human rights violations at the...Published: 11 Nov 2014 at 06:08hrs | | by Staff Reporter
Botswana boycotts Zimbabwe diamond conference
Stakeholders in the diamond mining have said the absence of Botswana, the world's largest diamond producer, at the Zimbabwe Diamond Mining Conference which opens in Harare today, has cast cloud o...Published: 06 Nov 2014 at 06:55hrs | 1 | by Staff reporter
Let us bring back diamond sales to Zimbabwe
On 15 September 2014 the Daily News led with a story that about $45 million in diamond revenue had been seized by a South African company in Belgium after it had been granted an interim order agai...Published: 17 Sep 2014 at 08:13hrs | 7 | by Tawanda Museve
Zimbabwe should make hay while the SADC Chairmanship shines
Visitors help hosts straighten up very quickly. In anticipation of any guests, we find ourselves cleaning those crevices of our homes that we ordinarily would not attend to, so as to make a good impre...Published: 15 Aug 2014 at 18:47hrs | | by Victor Kgomoeswana
SADC summit should address mineral resource question
SADC Summit should address where the bloc's gold and other valuable minerals are - and who really owns them?Southern Africa Development Corporation (SADC) should use its Victoria Falls Summit...Published: 15 Aug 2014 at 07:23hrs | 1 | by Tawanda Museve
Marange firms to produce 12 million carats in 2014
Zimbabwe's diamond output from the Marange fields is expected to decline to 12 million carats this year, according to diamond analysts Rapaport. That would be a 9,7 percent decline as the country is e...Published: 05 May 2014 at 14:55hrs | 1 | by Staff reporter
Zimbabwe pin hopes on China's Kimberley Process chairmanship
Government says it looks forward to China's Kimberley Process (KP) Chairmanship for the next 12 months, amid optimism that the Asian economic powerhouse will ensure the grouping remains a credible too...Published: 06 Jan 2014 at 13:50hrs | 2 | by Staff Reporter
Illegal panners raiding Chiadzwa diamond-mining fields
ILLEGAL panners are still raiding diamond-mining fields in Chiadzwa despite the tight security that has been put in place in the area. A visit to some of the mining fields in the area revealed...Published: 02 Jan 2014 at 14:48hrs | 3 | by Staff Reporter
'Tendai Biti received Marange diamond cash,' says KP
SUBSTANTIAL revenue from Marange diamond fields have evidently been going into state coffers, despite claims to the contrary by former finance minister Tendai Biti of the opposition MDC-T party....Published: 25 Nov 2013 at 04:13hrs | 2 | by Staff reporter
EU to review Zimbabwe sanctions in three months
British Foreign Minister Mark Simmonds said the decision whether to lift or continue with the sanctions against Zimbabwe would be that of all members of the European Union and not just the United Kin...Published: 21 Nov 2013 at 01:14hrs | 1 | by Agencies
Call to lift Zimbabwe diamond sanctions
An international meeting to discuss rules curbing the sale of conflict diamonds began Tuesday with a call for the United States to lift sanctions on Zimbabwean mines.Representatives of 81 coun...Published: 19 Nov 2013 at 15:32hrs | | by AFP
All set for Marange gem auction in Belgium
The first batch of gems from Marange is expected to reach the Antwerp World Diamond Centre (AWDC) for auctioning next month, with a Memorandum of Understanding (MoU) to operationalise the sales alread...Published: 17 Nov 2013 at 03:39hrs | 2 | by Staff Reporter
Farai Maguwu discusses conflict diamonds on Al Jazeera
This Friday on Al Jazeera's talk show South2North, author and media personality Redi Tlhabi discusses conflict diamonds in Africa with journalist Rafael Marques de Morais, author of Blood Diamonds: ...Published: 15 Nov 2013 at 03:29hrs | 1 | by Kevin Kriedemann & Joy Sapieka
'$550m worth of Zimbabwe diamonds stolen,' says Tsvangirai
Opposition leader Morgan Tsvangirai has said Zimbabwe's diamonds are a curse as proceeds from the sale of the gems have not benefited the country, with over $550 million unaccounted for in 2012....Published: 28 Oct 2013 at 04:39hrs | 1 | by Staff reporter
AWDC bosses jet in for diamond trade
THE top leadership of the Antwerp World Diamond Council arrived in Harare yesterday to map out modalities for the trade of gems from Chiadzwa on the international scene, following the lifting of sanc...Published: 24 Oct 2013 at 20:43hrs | 3 | by Staff Reporter
Disappearance of $130m diamonds opens a pandora's box
The disappearance of over 1,3 million carats of diamonds worth over $130 million at Marange Resources has once opened a Pandora's box as it emerged that the auditors, Grant Thornton, battled to com...Published: 08 Oct 2013 at 05:02hrs | 1 | by Staff reporter
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