Chiadzwa diamonds

HARARE - A leading South African bank says it is difficult to fund diamond mining ventures in Zimbabwe because of the high political risk and uncertainty in the country.
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Shocking evidence of government’s inability to effectively police diamond mines has emerged, with confidential reports by the Zimbabwe Revenue Authority (ZIMRA) exposing a sharp decline in taxes and fees due to the fiscus despite robust…
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There has been a fresh wave of systematic diamond looting involving mining companies’ staff, security and army generals following the announcement by Mines Minister Walter Chidhakwa that government will work with only one company to exploit…
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Zimbabwe’s new Mines Minister Walter Chidhakwa has been urged to reveal the names of people he claims have tried to bribe him since he was sworn into office last year.
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Government is to blame for the looting and smuggling of diamonds in Zimbabwe because of its reluctance to put in place measures that will stop the massive leaks, says an expert in the field.
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Last week I attended a National Endowment for Democracy (NED) roundtable discussion on Africa’s resource curse led by eminent scholar Larry Diamond.
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The decision by the EU late last month to remove all targeted sanctions that were still in place against the Zimbabwe Mining Development Corporation (ZMDC), is not likely to change much in terms of the way the country’s diamonds are traded…
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HARARE - The High Court is expected to hear an application by the prosecution seeking the re-committal to prison of businessman Newman Chiadwza on charges of unlawfully possessing diamonds.
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Global Witness today called on EU foreign ministers to strengthen measures which restrict sales of diamonds from Zimbabwe's controversial Marange region to Europe.
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Zimbabwe’s public account is down to its last $217. The finance minister says the country’s finances “are in paralysis.” How can that be? Zimbabwe’s diamond fields at Marange could hold between two and seven billion carats of raw diamonds.
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