Zimbabwe

Zimbabwe needs diamond money: PM

2012-02-16 22:30

Special Report

Zim cops quiz minister over detained editor
Zim cops quiz minister over detained editor

Police in Zimbabwe have taken the unusual step of summoning the country’s information minister for questioning in the case of a state newspaper editor charged with subversion.

Marange - Zimbabwe Prime Minister Morgan Tsvangirai said on Thursday the government desperately needs revenue from diamond sales, after the lifting of a global ban imposed over military abuses.

"You are aware that the government needs resources, and we regard diamond revenue as a major contributor to the fiscus," Tsvangirai told journalists after a tour of four mines operating in the Marange region, about 200km east of the capital Harare.

"We hope that as we appreciate the operations (sic), government is able to formulate policies that will contribute largely to the fiscus."

After contracting for years, Zimbabwe's economy has begun growing again since the formation of a power-sharing government in 2009 by Tsvangirai and veteran President Robert Mugabe.

The government is struggling to increase salaries for its workers, who staged stay away protests last month to push for a doubling of their wages and improved working conditions.

Mines Minister Obert Mpofu, who was accompanying Tsvangirai on the tour, said he was impressed with operations by diamond mining companies in Marange.

"Just yesterday I got a report from DMC [Diamond Mining Company] that they have sold in excess of $30m since they were approved two weeks ago," he said.

Human Rights Watch alleges that Mugabe's army killed more than 200 people two years after the 2006 discovery of the diamond fields in an operation to clear small-scale miners from the area.

The Kimberley Process, founded to stop the trade in so-called "blood diamonds", confirmed widespread abuses and has come under fire from activists for being soft on Zimbabwe.

The United States in 2008 slapped sanctions on two firms mining in the eastern region, Marange Resources and Mbada, which are mining at the scene of the abuses while powerful US-based diamond trading group Rapaport has boycotted all Marange gems.

All the firms are jointly owned by the Zimbabwean government and foreign investors.

Zimbabwe says it expects to rake in $600m from diamond sales this year.

On Friday, Tsvangirai will visit villagers who were relocated to make way for the diamond mines.

- AFP

Read more on:    morgan tsvangirai  |  zimbabwe  |  southern africa  |  blood diamonds
NEXT ON NEWS24X

SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
2 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Fashion
 
Traffic
Lottery
 
  • Friday Cape Town - 16:15 PM
    Road name: Wet Weather
    RAIN across the greater Cape Town area - drive with care and use headlights - Allow Extra Tavel Time
  • Friday Kuils River - 09:28 AM
    Road name: Polkadraai Road Eastbound
    ROADWORKS between the R102 Van Riebeeck Road and the R310 Baden Powell Drive exit - DELAYS
 
More traffic reports...
 

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

2 TV Series for R250

Get 2 TV Series box sets for R250 and save up to R148! Offer valid while stocks last. Shop now!

Mind blowing deals on beauty & fragrances

Save up to 30% off beauty and fragrances. Offer valid while stocks last. Shop now!

Up to 50% off hair care products!

Save up to 50% on professional hair care products at kalahari.com. Offer valid while stocks last. Shop now!

30% off academic books

Score a mind blowing 30% off academic books! Offer valid while stocks last. Shop now!

Mind blowing deals on electronics!

Save up to 35% on electronics. Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Nokia N9

The Nokia N9 has a beautiful one-piece, unibody design where...

From R2899.00

I'm shopping for:

Horoscopes
Aquarius
Aquarius

The day may have a fluctuating sensitive energy to begin with, but later when the Moon moves into dramatic and creative Leo you...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.