Chiadzwa: Only one miner to stay | The Herald

Chiadzwa: Only one miner to stay | The Herald

via Chiadzwa: Only one miner to stay….•Move to improve accountability • Seven companies face audit | The Herald January 25, 2014 by Lloyd Gumbo

Government wants only one company to mine diamonds in Chiadzwa as it takes practical steps to improve accountability and transparency in the sector. The State is already auditing the seven firms mining diamonds in the Chiadzwa fields as a first step to rationalising operations.

The audits will cover miners’ operations from the time they first set up shop.
The seven companies in Chiadzwa are Mbada Diamonds, Marange Resources, Anjin Investments, Diamond Mining Company, Jinan, Kusena and Gye Nyame.

They operate as joint ventures with, or are in one instance wholly-owned by the Government through the Zimbabwe Mining Development Corporation.

Finance Minister Patrick Chinamasa told the National Assembly on Thursday: “Firstly, we will look at a particular company and demand information on how many diamonds have been taken from the country and secondly how much they have been sold for.

“We need to know that as a country. What we want to do is to cut down on these other companies and identify a company which will work in conjunction with the Government so that we do not have these small companies working on our diamonds.

“This will take time. It is not an event, but a process.”
Minister Chinamasa said his Mines and Mining Development counterpart, Walter Chidhakwa, had made it clear that he was looking into the operations of diamond mining companies and would come up with a report on his findings.

President Mugabe has already expressed concern with the below par contributions mining is making to the national economy and he wants the sector rationalised and better controlled to ensure revenues from the sector benefit the entire country more fully.

The Head of State and Government and Commander-In-Chief of the Zimbabwe Defence Forces made the remarks at the 14th Annual National People’s Conference last month in Chinhoyi.

 

COMMENTS

WORDPRESS: 11
  • comment-avatar
    Kuakwa Katiyo 4 years

    Firstly, we will look at a particular company and demand information on how many diamonds have been taken from the country and secondly how much they have been sold for.

    And if you are told wrong figure how you going to dispute it when you are asking about diamonds that are already out of the country? Isn’t way too late to be asking now?

  • comment-avatar
    gutu 4 years

    This guy thinks people of Zimbabwe are fools isnt it? Some of those companies are run by police commissioners and army generals who are the backbone of zanu. I do not see them being asked to close shop. They might get a scapegoat in the form of those owned by south africans. Chinese ones are untouchable as that would offend mugabe and his look east policy? In any case why taking an audit now when there is rumour that the diamonds themselves are depleted? Chinamasa,are you hoping to get anything from those companies? You let them do braais(nyama yekugocha) with our diamonds while you and your party condoned looting. Tell the nation the figures when you get them,good luck!

  • comment-avatar
    Peter tosh 4 years

    Now you know that these companies are not remitting any money? When Biti was telling you, what were you saying, you morons?

  • comment-avatar
    woosafoolinawho 4 years

    Too little too late. Who is going to do the auditing? And who is going to audit the auditors?

  • comment-avatar
    Nyoni 4 years

    Morons for sure. Martians even more

  • comment-avatar
    Zingizi 4 years

    Kekekekeke…..this is by far the worst joker of all time. You’d think that with his learned background he’d come up with something sensible instead he wants to take us for fools. No wonder that diesel n’anga lady was able to take them for their money.

  • comment-avatar
    easily fooled 4 years

    Chinamasa is a clown, a minister of finance who lack vital information of diamond firm that has been operating since 2007. Come on boy, be serious just for once

  • comment-avatar

    There will be only one miner…… Zanupf (pvt) Ltd. Nothing has changed

  • comment-avatar
    Havanyani 4 years

    Its all hot air meant to make us think that something is being done finally. Whatever happened to the President fingering Masimirembwa over kickbacks? These guys are just full of wind.

  • comment-avatar

    Oh my word. what is happening????

  • comment-avatar

    Gentlemen and ladies this is the week of revelation I spoke about. What do we do about it? Just watch. NBS you said your appetite is affected. You are a good guy.Pray with me….Let us not enjoy what is happening…. Let us say NEVER AGAIN…. And by the way why I chose the name HUTU was because…Who to do we turn to. Keep the faith my brothers, all shall be revealed.