Zimbabwe News and Internet Radio

EU lifts targeted sanctions on ZMDC

The European Union has agreed to lift sanctions on a Zimbabwean diamond mining firm despite concerns over alleged fraud in a July election that kept President Robert Mugabe in power, an EU diplomat said on Tuesday. 

Zimbabwe Minerals Development Corporation (ZMDC) removed from targetted sanctions list
Zimbabwe Mining Development Corporation (ZMDC) removed from targetted sanctions list. In the picture is former ZMDC board chair Goodwills Masimirembwa who is facing allegations of demanding a US$6 million bribe from a Ghanaian firm that sought to invest in diamond mining at the Chiadzwa Diamond Fields in Marange.

EU governments have “begun the process of delisting” the Zimbabwe Mining Development Corporation, the diplomat said after senior EU diplomats discussed the issue at a Brussels meeting. Reuters

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