“We strongly believe that as a country, we have done all in complying with the requirements of the process,” Mines Minister Obert Mpofu told the Kimberley Process annual meeting.His remarks came as civil society groups, which are part of the process, are demanding the suspension of Zimbabwe’s international diamond trade, after a Kimberley team documented “horrific” abuses by the army against civilians in the eastern Marange diamond fields in July.Mpofu said the situation in the vast diamond fields was rapidly changing as the government had engaged two investors to exploit the alluvial gems, adding that Zimbabwe had yet to receive promised ‘technical support’ from the KP.“The government has engaged two investors to work in partnership with the ZMDC (Zimbabwe Mining Development Corporation) in the exploitation of Marange diamonds,” Mpofu said.“Security has been erected around the plant and mining areas. Double fencing is being used with electric fence forming integral part of the fencing system.”The Kimberley Process, named for a South African mining town, was created in 2003 with the aim of curbing the flow of “blood diamonds” into the mainstream market. — AFP.
Zim in Diamond Compliance: Minister
Business
By The Standard | Nov. 6, 2009
Banks brace for drought-induced shocks
Mutogo said by embracing sustainable banking practices, banks can contribute to the country’s sustainable economic growth while addressing the urgent need for climate action.
Business
Apr. 21, 2024
Zambia presents huge export opportunities for Zim agric firms
Zimbabwe has been exporting mineral fuels, iron and steel products and articles of paper, to Zambia while importing cereals, beverages and ceramic products from its neighbour.
Business
Apr. 21, 2024
Proton Bakers goes green after massive investment
Proton Bakers chief operations officer Simba Bodzo spoke about the company’s plans for the year in a messaged response to Standardbusiness following a tour of the plant
Business
Apr. 21, 2024
Baptism of fire for ZiG
Days after the currency was introduced, black market dealers who hold big sums of United States dollar stocks, pegged it at US$1:ZiG18 against the official rate of US$1:ZiG13,56.
Business
Apr. 20, 2024
Premium
Scramble for food at Buhera festivities lays bare dire situation in rural areas
News
Apr. 21, 2024