State owned ZCDC management fails to account for US$300 million
The state owned Zimbabwe Consolidated Diamond Company (ZCDC) failed to account for around US$300 million in debts and investments listed in the company’s 2019 financial statements.
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The state owned Zimbabwe Consolidated Diamond Company (ZCDC) failed to account for around US$300 million in debts and investments listed in the company’s 2019 financial statements.
President Emmerson Mnangagwa’s spokesman George Charamba has registered his disagreement with a government decision to suspend all mining activities in Zimbabwean parks.
Zimbabwe’s government on Tuesday banned all mining in national parks, one day after environmental rights lawyers went to court to bar a Chinese firm from exploring for coal in the country’s biggest game reserve.
By Marcus Tawona | The Zimbabwean | The diamond sector is not thriving because government has allowed military people out of barracks to pose as miners in Marange, says Farai Maguwu, director of the Centre for Natural Resources Governance. “We have left generals to come and pose as miners. We have side-lined the experts. If […]