Zimbabwe Diamond Confusion
The Zimbabwe Cabinet seems to be sending out mixed signals about selling the Marange diamonds without the Kimberly certification. The money from the diamonds is instrumental in helping Zimbabwe get on its feet economically speaking.
However with the rights to mine diamonds in the Marange field under litigation between Harare and London listed African Consolidated Resources, the Supreme Court has ordered that the diamonds from Marange be sequestered with the central bank pending a final decision in the case.
The Mines Minister Obert Mpofu of Zimbabwe said to the Zimbabwe Herald on Tuesday that the Cabinet had agreed to proceed with the export of diamonds despite the certification of the Kimberly process not having come through.
However Prime Minister Morgan Tsvangirai gave a contradictory account where he said that the ministers insisted that the diamonds should not be sold on the international black market which is the only possible outlet for Zimbabwe if they export without the Kimberly certification.
Critics of the government believe that Marange resources have been used by senior ZANU-PF officials and military officers for self enrichment. That is why the money that could fuel the country's economic recovery is being siphoned off.
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Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.
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