MDC finance minister Tendai Biti on Wednesday warned that the government would have to "close" unless the treasury...
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Mugabe and his close associates were slapped with a travel ban and had their assets frozen a decade ago over alleged human rights violations. But the veteran ruler says claims of human rights abuses are part of a campaign to push him out of power. She... Full Article at Daily Nation
14:42 China's Zimbabwe diamonds unpaid Chinese diamond firm Anjin failed to remit revenue from its operations in Zimbabwe's controversial Marange fields in the first quarter of this year, Finance Minister Tendai Biti says. Harare - Zimbabwean President... Full Article at Empowering Financial Decisions
Zanu-PF's recent surge has wrong-footed the MDC. Mr Tsvangirai, who recently visited the Marange diamond field, welcomed it as a boost for the country, even though his supporters are critical of the army's heavy hand in the extraction process. To Zimbabweans, the Prime Minister is seen as speaking with ...
Mr Biti said Anjin, a joint venture between the Chinese government and the Zimbabwean army, was seven times bigger than three other companies operating in the controversial Marange diamond fields but had never surrendered any revenue to government... Full Article at Africa Review
Finance Minister Tendai Biti said Thursday the country was failing to meet its budget revenue targets owing to lack of transparency in the marketing of Marange diamonds – a key component of the 2012 national budget. Presenting his state of the economy... Full Article at Voice of America
The United States has vowed that it would not lift sanctions imposed on Zimbabwe's President Robert Mugabe and dozens of top officials before there are signs of permanent political reforms. Harare - Chinese diamond firm Anjin failed to remit revenue... Full Article at News24
Why cannot the State nationalise the Marange diamond fields? And why not adopt a mineral swap strategy in view of the US$400 billion platinum reserves that we have?
"We have not received a single cent from Anjin, yet Anjin is seven times bigger than some of the other (diamond) companies," Biti told reporters giving his monthly fiscal statement. Anjin is in a joint venture with the Zimbabwe government, as are three... Full Article at Radio Netherlands Worldwide
Chinese diamond firm Anjin failed to remit revenue from its operations in Zimbabwe's controversial Marange fields in the first quarter of this year, Finance Minister Tendai Biti said on Thursday. “We have not received a single cent from Anjin, yet... Full Article at Independent Online (South Africa)
The key cause is non-performance of diamonds,” Biti told reporters on Thursday during a quarterly economic update. “It’s foreseeable ... that major projections will be revised downwards.” The government generated $30.5-million from diamond sales from... Full Article at Mail & Guardian Online
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Zanu-PF's recent surge has wrong-footed the MDC. Mr Tsvangirai, who recently visited the Marange diamond field, welcomed it as a boost for the country, even though his supporters are critical of the army's heavy hand in the extraction process. To Zimbabweans, the Prime Minister is seen as speaking with ...
Why cannot the State nationalise the Marange diamond fields? And why not adopt a mineral swap strategy in view of the US$400 billion platinum reserves that we have?
When I arrived at Marange diamond fields I said to myself, hey, our natural resources are getting finished whilst we are in Harare . . .
I think in terms of the process of production Marange diamonds have complied with the Kimberley Process.
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