Tuesday, 23 May 2017

#AOJDailyeNews Zimbabwe to take control over its diamond sector amid losses


 Zimbabwe has taken over income from all diamond mining activities in the country after injecting $80m into the Zimbabwe Consolidated Diamond Company (ZCDC), a state-owned company mandated to run diamond mining activities. Finance Minister, Patrick Chinamasa, has said that “… the diamonds belong to the fiscus” amid plummeting fortunes in gem mining operations in the country.

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