Diamonds

Investigation / Top Stories

Pandora Papers: How the Zimbabwean military busted ‘bloody diamonds’ selling freeze by opening offshore company in Seychelles9

An intricate and complex web of tax evasion and underhand minerals dealings has been exposed after Zimbabwean President Emmerson Mnangagwa’s cousin, Martin Rushwaya, opened a shelf company in Seychelles at…

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October 15, 2021

Africa Report / Business / Investigation / Top Stories

Fresh legal battle looms between Anjin and ZCDC over diamond concession ownership

Anjin to sue ZCDCCompany wants diamonds claim backAnjin reportedly started mining on claim 2 weeks ago ZIMBABWE Consolidated Diamond Company (ZCDC) is facing a fresh legal battle from Anjin Investments,…

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January 28, 2020

Business / Top Stories

Indigenisation Act scrapped: Gvt removes shareholding cap on diamonds, platinum

Ministry of Finance and Economic Development has scrapped the Indigenisation Act which restricted foreign shareholding in platinum and diamond to 49% and replaced it with the Empowerment Act that will…

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August 5, 2019

Business / Crime & Courts / Investigation / Top Stories

Fresh-faced ZACC in Obert Mpofu litmus test… as Kurotwi revives fight with ex Mines minister

Harare businessman Lovemore Kurotwi has approached the newly installed Zimbabwe Anti-Corruption Commission (Zacc) in a bid to have former Mines minister Obert Mpofu face the music for allegations of corruption…

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July 29, 2019

Crime & Courts / Top Stories

Guard nabbed for looting ZCDC diamonds

MUTARE – Aa looting of diamonds continues through well organised syndicates including employees of Zimbabwe Consolidated Diamond Companies (ZCDC) at the porous Chiadzwa diamond fields, a security guard at the…

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April 24, 2019

Business / Top Stories

ZCDC in a fix over US$2 million

MUTARE - THE Zimbabwe Consolidated Diamond Company (ZCDC) is alleged to be neglecting to pay over US$2 million in salaries and debts owed to DTZ-OZGEO (Pvt) Ltd when it took…

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February 28, 2019