Home
Search results “Chiadzwa diamond mining companies”
Chiadzwa Jinan Diamond Mining Company took US450 Billion to Botswana
 
02:01
One of the diamond mining companies in Chiadzwa,Jinan Mining Private Ltd, Could have externalised about $450 Billion to Botswana. STARFM ZIM Reports The deputy General Manager, Tapiwa Goronga told Parliamentary portfolios committee on youth, Indigenisation and economic empowerment chaired by zanu pf Mp for Gokwe Nembudziya, Cde Justice Mayor Wadyajena. Police Serious Fraud Section are investigating the matter. Watch more News, Comedy, Zim Dancehall, Music and Technology news on https:// www.zimditvnews.com
Zim News: Chinese sneak back into Chiadzwa
 
02:30
Zim News: Chinese sneak back into Chiadzwa. CHINESE diamond miner Anjin Investment is set to resume mining operations in Chiadzwa after the government allegedly bowed to pressure from Beijing. BY EVERSON MUSHAVA Anjin and other diamond companies were barred from mining in the once rich diamond fields by former President Robert Mugabe’s government in 2016 following allegations of looting. Other companies were forced into a merger to create the Zimbabwe Consolidated Diamond Company (ZCDC), but Anjin resisted the move. According to governmen...
Views: 486 Zim News
ZCDC Corporate Video
 
32:07
Zimbabwe Consolidated Diamond Company
Views: 708 ZCD Company
Parliament Interviews Lovemore Kurotwi on Diamond Mining Activities (1/4. 22 Feb 2018)
 
02:16:02
Lovemore Kurotwi author of 'The Rise and Fall of Chiadzwa, My Personal Experience' speaks to the Parliamentary Committee of Mining and Energy chaired by Temba Mliswa. Mr Kurotwi was arrested in 2010 on charges of prejudicing the State of $2 billion in a botched diamond deal after then Mines minister Obert Mpofu accused him of fraud. Stay Up to Date: http://bit.ly/2A8b1tr Like Zim Stones on Facebook: https://www.facebook.com/Zim-Stones-1996676987264960/ Lovemore Kurotwi's testimony before the Mines and Mineral Development Portfolio Committee chaired by Hon. T. P. Mliswa • I was a shareholder of Core Mining Minerals and had 46% shareholding and 54% was in the hands of foreigners. • Former Mines Minister Hon Dr OM Mpofu asked for a $10mln bribe for a license to mine diamonds in Chiadzwa • Core Mining Minerals was allowed to mine between December 2009 to November 2010. We were not allowed to sell but stockpile the diamonds • We produced 1 717 174 carats of diamonds in the same period. These were worth $15mln. 20% were clean gems • I advised Government to nationalise Chiadzwa diamond field because it was too rich to be exploited by private companies • Core Mining Minerals was supposed to invest $1bn in the Chiadzwa fields • I reported Hon. Mpofu to the former Pres.R. G. Mugabe but was arrested on allegations that I lied to the Minister that there was a company that was supposed to invest $2bln. I feel Hon. Mpofu wanted to fix me for not paying the $10mln bribe • Hon OM Mpofu instructed miner Carnadile, ZMDC and MMCZ to pay a total amount of $600 000 to lawyer Farai Mutamangira. Then ZMDC Chairman Goodwill Masimirembwa instructed Carnadile to pay another $300 000 to the lawyer. Farai Mutamangira was representing the Ministry of Mines and ZMDC • I have no hope in the new dispensation because it continues to have Dr Mpofu as Minister but ZANU PF will self cleanse, I now believe why this is being allowed to happen. • The proposed joint venture between Core Mining, ZMDC's Carnadile Mine was ordered to pay $300k for unclear legal processes Hon Mliswa: Was Pres Mugabe corrupt? Lovemore Kurotwi: • Yes President Mugabe was very corrupt. • Diamond business was a one man (Mpofu) event. He even appointed Carnadile board members and the board members were inexperienced in diamond business • From the way Mugabe defended corruption I think he was also corrupt, I even wrote letters to him but he ddnt respond *Upon being asked whether Zimbabwe lost $15bln in diamonds* Lovemore Kurotwi: • More than that could have been lost, if one considers that diamonds started leaving the Chiadzwa area many years before 1980. It is not known how much was lost after the formal mining began in 2006. In the first days you could pick surface diamonds. • The Minister and Permanent Secretary are always busy. I have not had a chance to meet them about the Diamond Centre • We run a diamond school but we struggled to get diamonds from MMCZ to train students. The Minister instead flew all the way to China and sent 10000 carats to a diamond school there • How do you give licences to diamond cutting companies but don't guarantee them a supply of diamonds? Why are we sending diamonds to other countries? • It is not a good idea for Zimbabwe to cut and polish their diamonds in Botswana Earn Extra Money Online: http://bit.ly/2yYbf1z
Views: 5462 Zim Stones
Marange Voices Documentary (online version)
 
32:13
The "Marange Voices" is a documentary about communities in Marange Zimbabwe where there are the biggest diamond operations in the country. It captures stories about the environment, economy, society and culture since diamond mining started. It carefully narrates the voices of women in Hot Springs and Buhera where water pollution has cause havoc to livelihoods. Almost mid-way it moves its attention to the voices of communities in Arda Transau whose lives have never been the same since their relocation following the discovery of diamonds.
Views: 3266 ZELA Information
LATEST: Minister Obert Mpofu in trouble over missing $15 billion diamond money
 
03:47
Home Affairs minister Obert Mpofu, who superintended over the Mining ministry during the heydays of harvesting diamonds from the gems-rich Chiadzwa fields is to be hauled before Parliament to explain the alleged missing $15 billion worth of the precious stones – as the government hunts for answers on the emotive issue.Walter Chidakwa – who succeeded Mpofu at the ministry, and who was fired from the government following the dramatic fall of former president Robert Mugabe last year – is also expected to appear in due course before the Parliamentary Portfolio Committee on Mines and Mining Development which is chaired by Norton MP Temba Mliswa.The Marange diamond fields in Manicaland Province, which are located a few kilometres outside Mutare, were discovered in 2006 and are considered to be one of the world's biggest deposits of diamonds."We want the ministers to appear before the committee as soon as possible, most probably at our first meeting in 2018. It's pretty clear that this issue has to be brought to an end soon."There are many people who were involved in diamond mining and the responsible ministers during this time were Mpofu and Chidakwa … and they should be able to help shed light on the diamond operations," Mliswa told the Daily News in an interview yesterday."This is not a witch-hunt, it's just about accountability … which is why we want bring the former ministers before the Parliamentary committee to account for the concessions that they gave and to reveal how much was generated, how much went to the Kimberly Process and so forth," he added.At the height of the mining of diamonds in Marange, Mbada Diamonds, Marange Resources, Anjin Investments, Diamond Mining Company, Kusena and Gye Nyame were some of the companies which were involved in the extraction of the gems in conjunction with the Zimbabwe Mining Development Corporation (ZMDC).The mining companies were expelled from Chiadzwa after Mugabe made the startling claim that his government had lost a jaw-dropping $15 billion to alleged nefarious activities by some of the diamond mining firms.In a controversial move, the government subsequently fired and replaced the mining companies with the State-owned Zimbabwe Diamond Consolidated Company which now exclusively carries out all the mining in the area.Speaking to the ZBC in 2016 on the occasion of his 92nd birthday, Mugabe stunned Zimbabweans when he said his government had received little from diamond mining at Chiadzwa – further suggesting that the companies which were involved in the extraction of the gems there had robbed the State."We've not received much from the diamond industry at all.
Views: 10189 SA Nehanda News
Zimbabwe's illegal diamond diggers
 
03:49
A BBC investigation in Zimbabwe has uncovered evidence that senior people around President Robert Mugabe are benefiting from the sale of illegal diamonds. In this exclusive report, World Affairs Editor John Simpson goes on the trail of the country's illegal diamonds to Marange, in eastern Zimbabwe.
Views: 20315 mangwanani
Zimbabwe's mining gets localised
 
02:03
Zimbabwe is to enforce stronger local oversight over the diamond mining sector under a proposed new management regime. There are currently six entities operating in eastern Zimbabwe's Chiadzwa diamond fields, four are jointly owned by foreign companies. The country's mine minister is proposing a raft of measures to consolidate operations, chief among them, ensuring less foreign control....http://owl.li/vhb6e
Views: 290 SABC Digital News
Zimbabwe Explore New Markets for Diamonds
 
00:53
Zimbabwe plans to start selling diamonds from its eastern Marange Fields, to Dubai and Shanghai markets starting this March. Following the removal of European Union sanctions against the country.
Views: 485 CGTN Africa
Sierra Leone: diamond village waits for royalties
 
01:32
Residents of Kono District in eastern Sierra Leone are still waiting for royalties of diamond auctioned by the government for $6.5 million one year ago. Sold in New York on December 4, 2017, the diamond was expected to spark a break from the the famous "blood diamonds" in the West African country torn by a decade of civil war. Abu Bakarr Amara is a student in Koryardu. Among other things, he expects a school for his peers in the area. "Thinking about the amount of diamond carats from this vi… READ MORE : http://www.africanews.com/2018/12/04/sierra-leone-diamond-village-waits-for-royalties Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans. Africanews is the first pan-African multilingual media outlet, unique in its concept and vision. Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent. Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 355 africanews
Lost hopes: Zimbabwe's diamonds
 
04:26
In this film you’ll hear three powerful testimonies from the Marange region of Zimbabwe. Three individuals affected by the region's diamond discovery talk about how their hopes for a better life have failed to materialise. In fact, despite a promise of billions, only around US$300 million in diamond earnings can clearly be identified in public budgets. Instead, Global Witness has found this precious mineral wealth could be secretly financing the institutions responsible for perpetrating serious human rights abuses and subverting the country’s democracy. Zimbabwe’s powerful military, feared Central Intelligence Organisation, and a number of political elites all gained control of Zimbabwe’s diamond sector, while concealing the scale of the loss to its people. For more information read our exposé: globalwitness.org/insidejob
Views: 2330 GlobalWitness
Zimbabwe: More Diamond Mining Equipment Arrives 5/31/2017
 
05:18
http://inteldinarchronicles.blogspot.com/2017/05/zimbabwe-more-diamond-mining-equipment.html Zimbabwe Consolidated Diamond Company (ZCDC’s) second batch of heavy duty mining equipment awaits clearance by the Zimbabwe Revenue Authority (zimra) on arrival from Belarus in Mutare on Monday. — (Picture by Tinayi Nyadzayo) Samuel Kadungure in MUTARE— The second batch of heavy equipment imported by Zimbabwe Consolidated Diamond Company (ZCDC) from Belarus has arrived as Government shifts from low-value alluvial to full-scale lucrative conglomerate and kimberlite diamond mining. ZCDC is mining diamonds in Marange after taking over from firms that were removed amid revelations that they were involved in underhand dealings which prejudiced the State. The equipment will transform diamond mining and make it contribute significantly to the country’s long-term sustainable development thrust. The equipment, which arrived here on Monday and was being cleared by the Zimbabwe Revenue Authority (Zimra), included three giant mining dump trucks. The first batch of the equipment comprising seven dump trucks arrived last Tuesday, while the third batch is expected today. The heavy duty plant equipment was procured from Belarus under a $32 million Reserve Bank of Zimbabwe (RBZ) facility. ZCDC will receive a total of 21 dump trucks and five dozers under the facility. ZCDC chief executive officer Dr Moris Mpofu said all the equipment and sophisticated technology would be in the country before end of year. “The second batch of the equipment, comprising of dump trucks has arrived in the country, but it is yet to be installed,” he said. “When the entire consignment is in the country and installed, we will expect significant mining operations at Chiadzwa as we have been depending on contract mining. “The shift from contract mining to own mining capacity, will bring efficiency and increase production capacity. The dump truck will be complemented by excavation, which we are importing and between the next three months and end of the year you will be seeing more equipment coming into the country.” RBZ has injected $25 million working capital into ZCDC to allow it to continue producing diamonds, over and above the $32 million for acquisition of sophisticated mining equipment and machinery. ZCDC has also adopted a stock accumulation policy from RBZ and Government, which allows it to build and accumulate diamond stocks for tender at competitive prices on the global market. Conglomerate mining has started in concessions previously held by Marange Resources, Mbada Diamonds and DMC and ZCDC will soon be moving into other outstanding diamond concessions in Marange and Chimanimani. Source: The Herald
Views: 1169 gary larrabee
Mr Marange 2012-HD.mov
 
09:30
Interview with Godfrey Marange of the Marange diamond district in Zimbabwe. Mr Marange is one of the 22 Chiefs in that area. In this video he shares his vision and mission for that area and his Clan. Lets make him famous! Interview in pdf here: http://jeweltreefoundation.posterous.com/meet-mr-marange-of-the-marange-diamond-distri www.jeweltreefoundation.org
Chiadzwa Diamonds
 
02:28
Diamond companies hit hard rock
Views: 228 Lloyd Gumbo
Diamond Mining Zimbabwe
 
08:43
Diamond Mining Zimbabwe
Views: 13 Angel Wings
Villagers in Zimbabwe Marange Diamond Fields in Mass Protests
 
02:38
Villagers in Zimbabwe Marange Diamond Fields in Mass Protests. Groups of miners in the diamond fields in Marange in 2006. When the scramble peaked in October 2008, more than 35,000 people, including children and women, were either mining or buying diamonds in Marange. © 2006 Associated Press Thousands of villagers around east Zimbabwe’s Marange diamond fields took to the streets on Monday to protest the looting of diamond revenue and were met by armed soldiers and police who fired tear gas canisters to disperse the demonstrators, according to witnesses inte... Get Free Subscribe Here: - https://goo.gl/QrjDRC Website: https://goo.gl/UasZwB Twitter: - https://goo.gl/WdWB1i Plus: - https://goo.gl/4viMNi Thanks For Watching. Don't forget LIKE, SHARE and SUBSCRIBE.
Hope to Glory: Into the Marange Diamond Fields
 
01:02
WATCH THE FULL DOCUMENTARY PLAYLIST: https://www.youtube.com/watch?v=B7woc5bnBWQ&list=PL2BJTpLEt7O4uEIbC8nXRxyW9hLNuY9EA VIDEOS: Hope to Glory: Chapter I – Fields of Diamonds to Cities of Gold https://www.youtube.com/watch?v=B7woc5bnBWQ&index=1&list=PL2BJTpLEt7O4uEIbC8nXRxyW9hLNuY9EA Hope to Glory: Chapter II – A New Brotherhood https://www.youtube.com/watch?v=JhqWS3VwuEQ&index=2&list=PL2BJTpLEt7O4uEIbC8nXRxyW9hLNuY9EA Hope to Glory: Chapter III – Nothing Left to Lose https://www.youtube.com/watch?v=5IpTXFLl_c4&index=3&list=PL2BJTpLEt7O4uEIbC8nXRxyW9hLNuY9EA Hope to Glory: Into the Marange Diamond Fields https://www.youtube.com/watch?v=v-JLPeo1Kd4&index=4&list=PL2BJTpLEt7O4uEIbC8nXRxyW9hLNuY9EA Hope to Glory: Crossing Beitbridge https://www.youtube.com/watch?v=HjRjPdF1aq0&index=5&list=PL2BJTpLEt7O4uEIbC8nXRxyW9hLNuY9EA Hope to Glory: Raiding the sanctuary https://www.youtube.com/watch?v=CgJbCt3oLw8&list=PL2BJTpLEt7O4uEIbC8nXRxyW9hLNuY9EA&index=6 Themba Gorimbo: Through the eyes of his coach https://www.youtube.com/watch?v=cIxs5BJ_v0o&list=PL2BJTpLEt7O4uEIbC8nXRxyW9hLNuY9EA&index=7 Hope and Glory: Friends 'til the End https://www.youtube.com/watch?v=9Y_7qh3PMOg&list=PL2BJTpLEt7O4uEIbC8nXRxyW9hLNuY9EA&index=8 Hope to Glory: Fighting Career Highlights https://www.youtube.com/watch?v=Nc0y-OUafSY&list=PL2BJTpLEt7O4uEIbC8nXRxyW9hLNuY9EA&index=9 MMA fighter Themba Gorimbo has dark days behind him https://www.youtube.com/watch?v=c7qz7dDH3iU&list=PL2BJTpLEt7O4uEIbC8nXRxyW9hLNuY9EA&index=10
Views: 2900 eNCA
Fears Mugabe could spill diamond beans
 
08:55
Fears Mugabe could spill diamond beans . - If you feel great, please support the author by subscribing to our channel to track the next video. You Should Watch It . Top things you need to know: https://goo.gl/LJjmmT . Latest news about Dumi Masilela: https://goo.gl/hk47HE . Latest news about Zodwa Wabantu: https://goo.gl/Xaujk5 You Should Watch It Subscribe Channel(Official) : http://goo.gl/UQo7mQ Twitter Official: https://twitter.com/dailynewstht Plus Official: https://goo.gl/m9kou6 Webiste: https://goo.gl/NVWbtx Subscribe Channel(Official) : http://goo.gl/UQo7mQ . dailynewsSA, #breakingnews, ZIMBABWE’S intelligence services bosses fear parliament’s bid to summon former president Robert Mugabe to provide oral evidence on the supposed missing US$15 billion diamond revenues could open a Pandora’s box — a process that once begun generates many complicated problems.Bernard Mpofu Although there has been sustained reports of massive corruption and looting at the diamondiferous Chiadzwa fields in Marange in the eastern highlands by miners, authorities, the military and illegal diggers, nobody has yet been willing to open up that can of worms.It is feared in the corridors of power Mugabe — who claimed in February 2016 Zimbabwe could have lost US$15 billion in diamond revenues — if cornered is likely to make sensational revelations on the issue which has largely remained a mystery, especially on the identities of the looters and amounts involved.“The intelligence community is anxious about the ongoing investigation into the diamond sector.All the major mining companies have been summoned and it is the Mugabe issue which could create complications.Naturally, top political and military elites were involved.The army was involved,” an intelligence source said.“Given the current relationship between Mugabe and Mnangagwa, it is risky to allow the process to proceed unchecked in that direction.Mugabe’s oral evidence could have serious unintended consequences: declassify information and damages big political players.”Intelligence sources said this week that security bosses monitoring the issue feel summoning Mugabe — who told the Zimbabwe Independent in an interview in March that the US$15 billion figure was plucked out of thin air — could result in damaging disclosures and stories which might cause collateral damage on President Emmerson Mnangagwa and his deputy retired General Constantino Chiwenga ahead of critical general elections.Although Mnangagwa and Chiwenga were not directly involved in the Chiadzwa diamond mining activities, they got sucked in through their ministries: the former, while he was acting Mines minister under Mugabe and the latter through the Ministry of Defence, which had a vested via Anjin Investments Pvt Ltd.The Independent unearthed way back that the single biggest local beneficiary of Anjin’s diamond mining revenues was the military as it controlled a 30% stake in the joint venture with the Chinese government-owned corporation, the Anhu
Views: 1924 Daily News
CIO grilled over diamond operations with Chinese criminal
 
03:18
CIO grilled over diamond operations with Chinese criminal. CENTRAL Intelligence Organisation (CIO) bosses were yesterday grilled in Parliament for entering into a joint diamond-mining deal known as Sino-Zim, with Chinese convict Sam Pa, without doing a proper due diligence check on his background. BY VENERANDA LANGA Sino-Zim operated a diamond mine known as Kusena Diamonds in the Chiadzwa area. Kusena Diamonds board member Genius Madzingira (CIO) and Sino-Zim board member Pritchard Zhou and Kusena vice board chairperson Regiment Ruzende had a torrid tim...
Views: 42 Zim News
Zim looking to profit from its diamonds
 
00:48
The Zimbabwean government has resolved to auction diamonds mined in Chiadzwa in the second half of this year. It is part of measures to realise huge profits from the sale of the precious stones, which are presently being exported in raw form.
Views: 236 SABC Digital News
Zim News: China denies deploying 4k at Chiadzwa diamond fields
 
03:08
Zim News: China denies deploying 4k at Chiadzwa diamond fields. THE Chinese government is exasperated at criticism by “smart” Zimbabweans who do not appreciate what the Asian economic behemoth is doing in the country. BY RICHARD CHIDZA Acting Chinese envoy Zhao Baogang on Thursday came out swinging after former Zanu PF MP and losing presidential candidate Daniel Shumba, claimed that China had deployed some 4 000 of its nationals in the Chiadzwa diamond fields before government shut down the companies. “I think we have very good co-operation with Zimbabwe inc...
Views: 522 Zim News
Govt attacks Diamond mines
 
01:12
Mines Minister Walter Chidhakwa reads riot act to diamond mines
Views: 1547 Lloyd Gumbo
Grace Mugabe in deep trouble, more corrupt deals unearthed
 
03:56
Grace Mugabe in deep trouble, more corrupt deals unearthed. FORMER first lady Grace Mugabe could soon be arrested over an array of corruption-related allegations as woes mount for the ex-Zanu PF women’s league boss. The Zimbabwe Anti-Corruption commissioner responsible for investigations, Goodson Nguni yesterday told The Standard that the anti-graft body was already probing Grace over the suspicious awarding of a doctorate by the University of Zimbabwe after enrolling at the institution for barely three months. He said indications were that certain officials at the institution could also find themselves in trouble together with the former first lady for fraud or misrepresentation. “Yes, we have received a report from the lectures from the Sociology Department on how she got her doctorate and because that is a legitimate complaint, there are investigators looking at it,” Nguni said. Since the ouster of Robert Mugabe in November, Grace has been holed up at her Blue Roof mansion in Borrowdale Brooke amid reports that authorities blocked her from travelling outside the country. Grace was reportedly only being allowed to travel to her Mazowe business empire, but under escort. Mugabe recently went to Singapore for medical check-up but did not travel with Grace. Nguni said according to the laws of the country, no one except former president Mugabe was immune to prosecution. He said everyone else, including the former first lady and the entire first family was fair game, if evidence of crime was presented. “First of all, in terms of the law and Constitution, the president of Zimbabwe has got immunity from certain actions during his term of office and upon retirement,” he said. “Now according to the Constitution, the rest of the first family do not have immunity from prosecution and we are going to follow the law. So if there is evidence that a member of the former first family killed somebody, the Zimbabwe Republic Police, because that’s outside of our mandate, will investigate and make an arrest.” He added: “If there is an allegation against a member of the former first family, not the president, we will investigate that and take the matter to the National Prosecuting Authority. Remember we don’t take matters to the courts, it’s the National Prosecution Authority which does that.” The Zimbawe Anti-Corruption Commission (Zacc) boss said although Mugabe abhorred corruption, his wife was at the fore-front of shielding and protecting those accused of corruption. He gave an example of how former Higher Education minister Jonathan Moyo was allegedly defended against allegations of graft at rallies. While Nguni refused to reveal other cases which Grace was being investigated for, officials at the anti-graft body said she faced arrest over the disappearance of diamonds in vaults when government ordered diamond mining companies in Chiadzwa to suddenly stop operating to pave way for the establishment of Zimbabwe Consolidated Diamond Mining Company. Also, her children, Robert, Chatunga and Russel Goreraza, according to insiders, face arrest for gold smuggling, murder, extortion among other crimes that are related to abuse of power and state machinery.----------------------------------------------------------------------------------------------------------- ► Hot news: https://goo.gl/J7mUhU ► ANC: https://goo.gl/x9xRAu ► Scandal: https://goo.gl/YGe8cw ► Zimbawe updates: https://goo.gl/2MJUjp .......................................................................................... If you feel good, please support the author by subscribing to our channel to track the next video. * SUBSCRIBE TO OUR CHANNEL: https://goo.gl/cmiueF ----------------------------------------------------------------------------------------------------------- ► See More: https://goo.gl/cmiueF
Views: 191 SA Today News
"DIAMONDS OF HOPE" The People Of Marange.
 
05:25
ABOUT THE PROJECT The Marange Diamond fields in Zimbabwe have been plagued with conspiracies and political red tape since the discovery of diamonds in the region in 2006. There have been many debates whether Zimbabwe diamonds should be allowed onto the world market and the industry has been divided on what position to take. Although we have seen the public debates and we have heard the arguments there is still one side of the story that has not been told: the side of the people who call the Marange district of Zimbabwe home. In order to portray this story we will follow one of the Marange Chiefs on his journey and undertakings throughout South Africa and Zimbabwe and share with you the vision and the mission of the tribal leaders of Marange.
Marange diamond comes under the spotlight in Brussels
 
02:06
Marange diamond comes under the spotlight in Brussels . - If you feel great, please support the author by subscribing to our channel to track the next video. You Should Watch It . Top things you need to know: https://goo.gl/LJjmmT . Latest news about Dumi Masilela: https://goo.gl/hk47HE . Latest news about Zodwa Wabantu: https://goo.gl/Xaujk5 You Should Watch It Subscribe Channel(Official) : http://goo.gl/UQo7mQ Twitter Official: https://twitter.com/dailynewstht Plus Official: https://goo.gl/m9kou6 Webiste: https://goo.gl/NVWbtx Subscribe Channel(Official) : http://goo.gl/UQo7mQ . ------------------------------------- #latestnewszimbabwe #zimbabwenews #BreakingnewsZimbabwe ------------------------------------- Subscribe Channel(Official) : http://goo.gl/UQo7mQ Human rights abuses in Marange and plans by the Zimbabwe Consolidated Diamond Company (ZCDC) to rope in artisanal miners risk putting the country on the agenda of the Kimberley Process Certification Scheme (KPCS), experts and Parliament have warned.BY KENNETH NYANGANI/OBEY MANAYITI The KPCS plenary is set for Brussels in Belgium from November 12-18 and comes after ZCDC boss Morris Mpofu on Wednesday revealed plans to ring-fence its alluvial fields to allow locals, to embark on organised artisanal mining.But the chairperson of the Parliamentary Portfolio committee on Mines said the move was a publicity stunt by ZCDC after Parliament recommended the disbandment of the company.“That is just a public relations stunt.The question that must be asked is whether that is part of the diamond policy? It has to be part of the diamond policy that will then come to us (parliamentary committee),” he said.Mliswa’s committee recently threatened to charge Mines minister Winstone Chitando and permanent secretary Onesmo Mazai Moyo with contempt of Parliament if they failed to dissolve ZCDC as recommended by Parliament on the premise that they were illegally constituted, and that they had illegally taken over diamond mines in Chiadzwa.“They want to block the return of the former diamond mining companies by claiming to embrace villagers, which is a recipe of disaster as this will attract the attention of KPC,” said a mining expert who requested anonymity.“Villagers have not made it a secret that the former companies were much better in terms of developing the area.”Under terms of the KP, participants are required to meet minimum requirements, come up with import and export controls, as well as commit to transparency.Centre for Natural Resources Governance director Farai Maguwu wrote to KP chair Hilde Hardeman recently, alleging human rights abuses in Marange.“While the KP has moved on with regards to Zimbabwe, the reality of the matter is diamond mining in eastern Zimbabwe is accompanied with gross human rights abuses in the form of both direct and structural violence,” Maguwu, in the letter said.In her response, Hardeman said they were closely following developments.“I understand that consultations are currently ongoing betw
Views: 18 Daily News
Gem Diamonds mulls sale of halted Botswana mine as half-year revenue falls.
 
03:08
Africa-focused Gem Diamonds said Thursday it has received an acquisition offer for its Ghaghoo mine in Botswana, which it discontinued earlier in the year due to a decline in prices. Announcing its half-year results, the company also said its revenue fell to $93 million for the six months to June 30, from $109 million a year earlier, due to a drop in output and diamond prices. The average price per carat fell to $1,779 for the period, from $1,899 in the same period last year, while carats recovered fell 12 percent to 50,478, the company said. Gem Diamonds, which also operates Letšeng in Lesotho, its flagship mine, produced 50,478 carats in the six months to June 30, compared with 57,380 carats in the same period last year. “The updated life-of-mine plan was implemented during the period, with the objective of reducing waste tonnes mined and improving near-term cash flows, and mining progressed well against this plan during the period,” the company reported. The miner said it remains cautious about the state of the global market for both rough and polished diamonds, noting that financing challenges persist and that the volatile macro-economic environment continues to create challenges for the middle diamond market. Since acquiring Letšeng in 2006, Gem Diamonds has found four of the 20 largest white gem quality diamonds ever recovered, which makes of the mine the world’s highest dollar per carat kimberlite diamond operation. At an average elevation of 3,100 metres (10,000 feet) above sea level, Letšeng is also one of the world’s highest diamond mines. Gem Diamonds placed Ghaghoo on care and maintenance in February this year, with the intention of resuming operations once market conditions improved. While the company didn’t reveal who is interested in acquiring the mine, it said the board was considering the offer.
Mugabe's missing $15 billion saga intensifies
 
02:39
Mugabe's missing $15 billion saga intensifies. JOHANNESBURG - Zimbabwean opposition parties have welcomed a call by Zimbabwean President, Emmerson Mnangagwa for all persons who under Mugabe's rule, externalised money to return the said monies within three months. Mnangagwa has set the amnesty deadline line toFebruary for the return the ill-gotten wealth with the promise prosecution post deadline. Former Zimbabwean President, Robert Mugabe previously revealed that the country had "lost" an amount of USD $15 billion in diamond mining revenue. The missing money is believed to have been externalised and squandered by government officials with the aid of dodgy investors. Opposition parties have called on the President to leave "no stone unturned" in accounting for the missing $15 billion worth of diamonds disappearing from mining claims. Last year, Zimbabwean reserve bank governor, John Mangudya said that USD $1.8 billion was externalised in 2015 and of that amount, $1.2 was funnled out by corporates However, in an interview with the Harare Bureau last week, Presidential Press Secretary Mr George Charamba said that the Zimbabwean media had failed to comprehend that former President had used that figure as a metaphor to express the magnitude of his anger at the opaque nature of operations at the Chiadzwa diamond fields. “As a matter of fact I sat in the briefing and I said to the former President, sir, where did you get the 15 billion figure? His response was 'I just said out of the blue to stress my point because I was angry’. That’s what he told me and I am prepared to repeat it on record. It was a metaphor to indicate his outrage,” Charamba said. Charamba said it is illogical to assume that US$15 billion could have been siphoned from the diamond mining sector as the country was yet to produce diamonds of that value Zimbabwean opposition parties don't seem to share Charamba's views on the matter and have repeatedly called for Mnangagwa to launch an investigation into the missing money, calling for an audit into the country's diamond and mineral revenue. ----------------------------------------------------------------------------------------------------------- If you feel good, please support the author by subscribing to our channel to track the next video. * SUBSCRIBE TO OUR CHANNEL: https://goo.gl/cmiueF ----------------------------------------------------------------------------------------------------------- ► See More: https://goo.gl/cmiueF
Views: 1996 SA Today News
Zim resumes diamond auctions - The Zimbabwe Independent
 
03:20
Zim resumes diamond auctions - The Zimbabwe Independent. ZIMBABWE conducted a diamond auction sale this month, as production of the precious stones gradually.... - If you feel good, please support the author by subscribing to our channel to track the next video. . Top things you need to know: https://goo.gl/LJjmmT . Latest news about Dumi Masilela: https://goo.gl/hk47HE . Latest news about Zodwa Wabantu: https://goo.gl/Xaujk5 You Should Watch It Subscribe Channel(Official) : http://goo.gl/UQo7mQ Twitter Official: https://twitter.com/dailynewstht Plus Official: https://goo.gl/m9kou6 Webiste: https://goo.gl/NVWbtx
Views: 83 Daily News
Zimbabwe govt to take over all diamond mines: Zimbabwean President Robert Mugabe has announced that
 
03:13
HARARE, Zimbabwe (AFP) — Zimbabwean President Robert Mugabe has announced that the government will take over all the country's diamond mines to stop foreign firms from syphoning off gems without declaring them. "We have not received much (money) from the diamond industry at all," Mugabe said in a two-hour interview screened late Thursday by state broadcaster Zimbabwe Broadcasting Corporation. Zimbabwean President Robert Mugabe "Our people... have not been able to see or hear what was going on and lots of swindling, smuggling have taken place and the companies that have been mining virtually robbed us of our wealth. "We have decided that this area should be a monopoly area and only the state should be able to do mining." Mines Minister Walter Chidhakwa last month announced the government had seized diamond mines in the eastern Chiadzwa district after their licences expired. Zimbabwe last year ordered diamond mines, including joint ventures with Chinese companies mining in the Marange district, to join a government conglomerate. - Captured Live on Ustream at http://www.ustream.tv/channel/rulabrownmusic
Views: 640 Rula Brown
New gem fields fuel hopes of growth, but spectre of corruption looms large
 
03:23
(30 Jun 2012) Larger and "better" diamond deposits have been found near the controversial Marange diamond fields in Zimbabwe, according to the country's Minister for Mines and Mining Development. Obert Mpofu said on Wednesday that gems in Chimanimani were of higher quality than those found at Marange, around 70 kilometres (44 miles) away. The vast Marange diamond fields, discovered in 2006, are thought to be the biggest find of diamonds in the world in more than a century. Mpofu said Zimbabwe had already notified the Kimberly Process, a body that oversees the diamond trade, of the latest find and that plans were now at an advanced stage to start mining operations at the site. Zimbabwe's diamond treasure has thus far resulted in little change in the economy. Instead, the mining of gems has been associated with corruption and abuse and has been the source of constant squabbling in the country's fragile unity government. With an estimated 95 percent of the country's adult working population unemployed, many would have thought that the diamond wealth would have turned the country's fortunes around for the better. Augustine Muchemwa, who repairs and sells used tyres at the roadside, is preoccupied with making some sort of living rather than concerning himself with the diamond trade. "All we do is look for money every day. We come here early in the morning in search of money, whatever we find that day is good enough and we go home. We don't worry ourselves about anything else," said Augustine. Observers say that the gap between the poor and the rich has widened since the discovery of diamonds. Dumisani Muleya, an editor of a weekly newspaper, said that current diamond mining activity at Marange diamond fields has not benefited ordinary Zimbabweans in any way. "Well the ordinary people really, honestly so far they have not benefited that much from these diamonds because most of the money we hear it is going to the officials who are involved there including the security forces, the politicians and security forces siphoning and salting away this money," Muleya said. The European Union has also said Zimbabwe's diamond wealth is not being used to help its people. The top EU envoy in Zimbabwe led a delegation of Western diplomats on a two-day tour of Zimbabwe's Marange diamond fields that ended on Thursday. He said it is impossible to determine how much of the country's diamond revenue reaches government coffers. Questioned about the involvement of the military in the mining of diamonds, Mpofu said "the army are part of the society of Zimbabwe. Who says the army should not get involved in any economic activity of the country?" Meanwhile, a Harvard study seems to suggest that Zimbabwe's economy will rise to become the sixth fastest growing economy in the world - if the country sorts out the basics. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/630ef81c154755cc6dcea385d300b272 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 121 AP Archive
Diamond firms in comeback talks - the zimbabwe independent
 
03:00
Diamond firms in comeback talks - the zimbabwe independent. By Elias Mambo mining companies that were chased away from Chiadzwa after government terminated their licences and consolidated the diamond industry are now negotiating a comeback following the fall of former president Robert Mugabe, the Zimbabwe Independent has heard. In February 2015, government moved to consolidate the diamond mining industry and ceased operations for the other six companies that had been granted joint venture mining rights with the Zimbabwe Mining Development Corporation (ZM...
Views: 10 News Zimbabwe
Diamond firms in comeback talks - the zimbabwe independent
 
03:00
Diamond firms in comeback talks - the zimbabwe independent. By Elias Mambo mining companies that were chased away from Chiadzwa after government terminated their licences and consolidated the diamond industry are now negotiating a comeback following the fall of former president Robert Mugabe, the Zimbabwe Independent has heard. In February 2015, government moved to consolidate the diamond mining industry and ceased operations for the other six companies that had been granted joint venture mining rights with the Zimbabwe Mining Development Corporation (ZM...
Views: 8 News Zimbabwe
Mugabe's missing US$15 billion saga takes new twist
 
05:36
Mugabe's missing US$15 billion saga takes new twist. Claims by former president Robert Mugabe that the country lost $15 billion worth of diamonds revenue were divorced from the actual facts on the ground, Finance minister Patrick Chinamasa told the National Assembly last week. Mugabe torched a storm when he claimed in a televised interview ahead of his 93rd birthday last year that the country, which is in the throes of a crippling foreign currency crisis, could not account for $15 billion realised from the sale of the gems. The revelations angered Zimbabweans who have always been suspicious of the goings on in the controversial Marange diamond fields, with anti-graft watchdogs pushing for an inquiry into the looting of national resources. But responding to questions raised in the National Assembly, Chinamasa said Mugabe’s statement was interpreted wrongly. “I want members, on this issue, to engage their brain. Let us engage our brain. When that figure was mentioned, I think it was explained that it was figurative speech,” said the Finance minister. When one says something figuratively, he or she will be departing from the literal use of words. Figurative language uses words or expressions with a meaning that is different from the literal interpretation. Chinamasa said an analysis of the world diamond sector debunks the myth that $15 billion worth of diamonds could come from Zimbabwe alone because the entire annual value of the industry is $15 billion and the southern African state is just a speck in terms of production of diamonds. Zimbabwe is not among the biggest producers of uncut diamonds. “Allow me to lay this analysis, which sets out who is the key diamond producer and what the annual production per carat and the value is so that we can make our own judgments as to whether or not we are basically saying $15 billion worth of diamonds which did not exist was stolen,” he said. “I just want us to engage our brains; please it does not matter who said what. Let us engage our brain and see what is true and what is not. Do not misread the former president who was speaking figuratively. I am not saying in any way that there may not have been an abuse.” The Finance minister said the biggest diamond producers are Russia and Botswana. In Africa, Botswana has a diamond industry that produces gems worth about $2 billion annually. “So, how do we, when we are not producing end up saying $15 billion has been stolen? I just want us to understand this, take your time to go through these figures and please let us not switch off our minds when we are considering national issues,” said Chinamasa. Chinamasa’s remarks come hard on the heels of similar claims by presidential spokesperson George Charamba. Charamba, who was Mugabe’s spokesperson at the time, is convinced that the media is to blame for failing to comprehend that the former president had used the figure $15 billion as a metaphor to express the magnitude of his anger at the opaque nature of operations at the Chiadzwa diamond fields. “As a matter of fact, I sat in the briefing and I said to the former president, sir, where did you get the $15 billion figure? His response was that ‘aaa ndakangoitora from the air kuti zvityise’ (I just said out of the blue to stress my point). That’s what he told me and I am prepared to repeat it on record. It was a metaphor to indicate his outrage,” Charamba said. Mugabe’s administration gave special grants to several companies namely Anjin, Diamond Mining Company, Jinan, Mbada Diamonds, DTZ Ozgeo, Rera, Gye-Nyame, Kusena and Marange Resources to extract diamonds in Marange, also known as Chiadzwa. The State was represented by the Zimbabwe Mining Development Corporation and other investment vehicles linked to the security sector, which controlled these companies along with other foreign investors, mostly Chinese. In February 2015, government moved to consolidate the diamond mining industry and ceased operations for the above companies. Just recently, the Mines and Energy Portfolio Committee chaired by Norton Member of Parliament Temba Mliswa advised that it would summon Mugabe to explain the missing $15 billion. ----------------------------------------------------------------------------------------------------------- ► Hot news: https://goo.gl/J7mUhU ► ANC: https://goo.gl/x9xRAu ► Scandal: https://goo.gl/YGe8cw ► Zimbawe updates: https://goo.gl/2MJUjp .......................................................................................... If you feel good, please support the author by subscribing to our channel to track the next video. * SUBSCRIBE TO OUR CHANNEL: https://goo.gl/cmiueF ----------------------------------------------------------------------------------------------------------- ► See More: https://goo.gl/cmiueF
Views: 46 SA Today News
Minister Mpofu faces Zacc probe
 
05:12
Home Affairs minister Obert Mpofu — who has previously served in the Mines and Mining Development portfolio — could soon be on the radar of the Zimbabwe Anti-Corruption Commission (Zacc) following Core Mining and Minerals (Private) Limited director Lovemore Kurotwi’s letter to the anti-graft body requesting that it investigates him over corruption.In the letter, copied to President Emmerson Mnangagwa and Finance and Economic Development minister Patrick Chinamasa, Kurotwi says Zacc must “investigate the current minister of Home Affairs, . . .Mpofu over known corruption which he committed but which now seems to be swept under the carpet either for reasons of ignorance of the said corruption by the relevant authorities or reasons of impunity or both”.Kurotwi says the background to this corruption was when Core Mining and Minerals was given a concession to mine diamonds at Chiadzwa.He sensationally claimed before the concession was given, “Mpofu asked me for a bribe of $10 million”.Kurotwi had proceeded to take up the issue with then president Robert Mugabe in Mpofu’s presence “in a meeting called by . . .Mugabe to understand what was construed as acrimony between myself and . . .Mpofu.” “When I refused to give . . .Mpofu the $10 million bribe and after I reported to . . .Mugabe . . .Mpofu used his position of privilege to have me arrested on frivolous charges of fraud,” he alleged.As the case was playing out before the courts, developments considered sub-judice unfolded.First, 1,4 million carats of Core Mining’s diamonds which were in the company’s vaults in Mutare were confiscated.Secondly, $10,6 million which was in the custody of the Minerals Marketing Corporation of Zimbabwe was also seized while mining equipment worth $14 million was also confiscated.Kurotwi claims the mining equipment was initially used by the Zimbabwe Mining Development Corporation (ZMDC) under Marange Resources to mine diamonds in Chiadzwa and has since been transferred to the new entity, the Zimbabwe Consolidated Diamond Company (ZCDC) which continues to illegally use the equipment to mine diamonds in Chiadzwa.Kurotwi was arrested in 2010, along with five executives from ZMDC after Mpofu alleged that the Core Mining boss had misrepresented that he was a representative of a special purpose vehicle of Benn Steinmertz Group Resources, a South Africa-based international firm that wanted to invest $2 billion in the Chiadzwa diamond fields.The Core Mining boss was eventually acquitted in May last year, prompting him to demand his equipment back.Kurotwi was a Zimbabwean representative of South African Core Mining and Minerals, in a 50-50 diamond mining joint venture with the Government of Zimbabwe — Canadile Miners — which later became defunct.The businessman lost $10 million in cash, as well as diamonds and equipment worth over $140 million when he was arrested.
Views: 423 SA Nehanda News
After School Projects  and Diamond Mining Lesson Part 1.wmv
 
10:56
This video gives examples of the after school clubs I have sponsored, and also shows part 1 of a lesson I taught on Sierra Leone conflict diamonds.
Views: 185 JonRoachPortfolio
Diamonds output increases
 
04:09
Diamonds output increases . - If you feel great, please support the author by subscribing to our channel to track the next video. You Should Watch It . Top things you need to know: https://goo.gl/LJjmmT . Latest news about Dumi Masilela: https://goo.gl/hk47HE . Latest news about Zodwa Wabantu: https://goo.gl/Xaujk5 You Should Watch It Subscribe Channel(Official) : http://goo.gl/UQo7mQ Twitter Official: https://twitter.com/dailynewstht Plus Official: https://goo.gl/m9kou6 Webiste: https://goo.gl/NVWbtx Subscribe Channel(Official) : http://goo.gl/UQo7mQ . ------------------------------------- #latestnewszimbabwe #zimbabwenews #BreakingnewsZimbabwe ------------------------------------- Subscribe Channel(Official) : http://goo.gl/UQo7mQ Norman Muchemwa THE Zimbabwe Consolidated Diamond Company has recorded a 54 percent jump in after Government extended US$80 million to recapitalise the company.ZCDC was created by Government under Special Grant 6026 after the expiry of the special grant held by diamond miners in Chiadzwa with the aim of transparency and production in the sector.The company’s CEO Dr Morris Mpofu last week told The Sunday Mail that, “ZCDC is emerging strong from the shadows of an industry which was marred by a myriad of challenges.Before consolidation, diamond contribution to national development was low.“We have invested $25 million in a large single fixed crushing plant with capacity to crush over 450 tonnes of ore per hour.ZCDC produced about 2,4 million carats from January to October 2018 and this is an increase of 54 percent from 1,56 million carats produced in 2017.In 2016, 895 000 carats were produced.” Dr Mpofu said ZCDC would likely achieve its highly competitive target of three million carats this year.“Over $100 million has been invested in exploration, mining and processing right through to cleaning, valuation and sale of rough diamonds.“The State miner’s balance sheet has grown from $45 million in 2016 to over $250 million by September 2018.“ZCDC is also focusing on contributing towards Vision 2030, which seeks to transform Zimbabwe into an upper middle-income economy by 2030 through employment creation, foreign currency generation and investment in infrastructure,” he said.Dr Moyo said ZCDC was targeting to be among the top five rough diamond producers in the world.“We are targeting at least 10 million carats per annum by 2023 and we are confident that the ongoing exploration work and enhanced operational capacity on current operations will facilitate the required growth,” he said.“The company has established a fully-fledged exploration department which is equipped with drill rigs, mobile processing plants and earth moving equipment.ZCDC will be conducting aero-magnetic surveys, ground penetrating radar, bulk sampling and other forms of exploration and resource evaluation to discover diamonds deposits in the country.“Work is currently underway in three projects outside Marange where we are searching for via
Views: 20 Daily News
Precious Metals Mining in Botswana to 2020 - a Focus on the Diamond Industry
 
01:37
Market Research Reports, Inc. has announced the addition of “Precious Metals Mining in Botswana to 2020 – a Focus on the Diamond Industry” research report to their offering. See more at- http://mrr.cm/ZBY
Zim News: BOTSWANA LEADER CONFIRMS $I BILLION LOAN
 
01:41
Zim News: BOTSWANA LEADER CONFIRMS $I BILLION LOAN. Botswana President Dr Mokgweetsi Masisi has confirmed the BWP1 billion (approximately US$94,5 million) Botswana credit facility to Zimbabwe that will help to breathe life to the country’s private sector. Fielding questions from journalists at the close of the inaugural session of the Zimbabwe Botswana Bi-National Commission Summit in Harare today, President Masisi says they have increased the facility from BWP600 million to one billion. Masisi assured President Mnangagwa of Botswana’s support ec...
Views: 181 Zim News
Zimbabwe: diamond firms in comeback talks
 
03:00
Zimbabwe: diamond firms in comeback talks. By Elias MamboMining companies that were chased away from Chiadzwa after government terminated their licences and consolidated the diamond industry are now negotiating a comeback following the fall of former president Robert Mugabe, the Zimbabwe Independent has heard. In February 2015, government moved to consolidate the diamond mining industry and ceased operations for the other six companies that had been granted joint venture mining rights with the Zimbabwe Mining Development Corporation (ZMD...
Views: 1 News Zimbabwe
Govt urged to introduce investor friendly policies
 
01:58
Govt urged to introduce investor friendly policies. PARLIAMENT has urged government to support its “Zimbabwe is open for business” mantra by introducing investor-friendly policies. BY VENERANDA LANGA The Mines and Energy Portfolio Committee said this in a report following the cancellation of licences for several diamond mining companies who used to operate in the Chiadzwa to pave way for the creation of Zimbabwe Consolidated Diamond Company (ZMDC). “The joint venture partners of ZMDC were bitter on what they went through as a result of the consol...
Views: 15 Zim News
Marange: The Imprisoned Community
 
37:02
Marange: The imprisoned community details violations by state and non-state actors in the Diamond mining area of Marange Communal lands. The Human Rights violations documentary produced by Centre for Natural Resource Governance. It is a sad non-fictional, true to life and fact based film telling the most unfortunate story of how the extractive sector can is a curse to a country and communities living in areas where there are precious minerals. The film captures the thoughtless attack on people’s rights like the right to life, right to human dignity, environmental rights as well as the violation of the people of Marange’s freedom from torture or cruel, inhuman or degrading treatment or punishment. More importantly, Marange: The imprisoned Community exposes how the placement of Marange Community under the Protected Places and Areas Act curtails the freedom of movement of locals and other citizens.
Views: 541 CNRG ZIM
Obert Mpofu in hot soup, secret diamonds deals EXPOSED
 
03:17
Obert Mpofu in hot soup, secret diamonds deals EXPOSED. Woes continue to mount for Home Affairs minister, Obert Mpofu after businessman, Lovemore Kurotwi reported him to the Zimbabwe Anti-Corruption Commission (ZACC) for alleged abuse of office and plunder of Marange diamonds. This comes as parliament says it is leaving no stone unturned in its probe of the $15 billion missing diamond money with Mpofu set to be grilled by the portfolio committee on Mines and Energy. In a report filed with ZACC on January 22, Kurotwi alleges that Mpofu took 1,34 million carats of diamonds belonging to his firm and were in custody of the Minerals Marketing Corporation of Zimbabwe and converted them into personnel benefit. "We write to request that you investigate the current minister of Home Affairs, Obert Mpofu over known corruption which he has committed but which now seems to be swept under the carpet either for reasons of ignorance of the said corruption by the relevant authorities or reasons of impunity or both," Kurotwi wrote. Kurotwi used to run Canadile Miners but was kicked out of Chiadzwa after he was arrested for fraud before being acquitted by the High Court. In the letter to ZACC, Kurotwi narrates the alleged $10 million bribe that Mpofu allegedly demanded in return for mining concessions in Chiadzwa, an issue he allegedly raised before former president Robert Mugabe. After reporting Mpofu to Mugabe then, Kurotwi claims he was arrested for fraud but the case could not stick as it was being concocted by the minister. "During the time my so called fraud case was still subjudice, Mpofu further took advantage to the subjudice position and confiscated, 1,4 million carats of our diamonds which were in our vaults in Mutare, $10.6 million which was in the custody of the Minerals Marketing cooperation of Zimbabwe," Kurotwi stated. He said effort to repossess the money and diamonds have yielded nothing with officials in the ministry all professing ignorance on the whereabouts of the same—excerpt for Mpofu. "There is reasonable suspicion that cash and stock of diamonds could have been converted to personal use and gain by Mpofu," the report letter states. Two weeks ago, Kurotwi reported Mpofu to President Emmerson Mnangagwa over the same issue. Mpofu has persistently denied corruption allegations levelled against him instead suggesting that Kurotwi had no capacity to buy even a bottle of water for him as he was only a front for foreign business interests. The issue also comes as the committee on mines and Energy development said it was launching a probe into the operation of mining firms that were in Marange and how ministers who superintended over the sector had become rich while they were in charge. ----------------------------------------------------------------------------------------------------------- ► Hot news: https://goo.gl/J7mUhU ► ANC: https://goo.gl/x9xRAu ► Scandal: https://goo.gl/YGe8cw ► Zimbawe updates: https://goo.gl/2MJUjp .......................................................................................... If you feel good, please support the author by subscribing to our channel to track the next video. * SUBSCRIBE TO OUR CHANNEL: https://goo.gl/cmiueF ----------------------------------------------------------------------------------------------------------- ► See More: https://goo.gl/cmiueF
Views: 5201 SA Today News
Former president Mugabe to appear before Parliament over missing US$15 billion
 
04:41
ORAL evidence from different witnesses who appeared before the Mines and Energy Parliamentary Portfolio Committee last week to speak on the alleged missing $15 billion diamond revenue showed that deposed President Robert Mugabe did not take action as the corruption was reported to him.Businessman Lovemore Kurotwi, who appeared last week before the committee and narrated how his diamonds worth $150 million (1.7million carats) were confiscated by former Mines minister Obert Mpofu for refusing to pay him a $10 million bribe, told the committee that as an investor, he felt abused by government.“As a person, I feel I was abused.It is not normal to be subjected to such a situation by your own government.Those in power can do whatever they want with you with impunity, and I am really down,” Kurotwi told the Mines Committee.“Mpofu told me he will not introduce my investors (Canadile Miners) to mine in Marange because I had not paid him the $10 million.So, what it implies is that those that were allowed to mine in Chiadzwa paid him (Mpofu).Asked by Fanny Chirisa (MDC-T proportional representative legislator) to explain what steps Mugabe took after he heard that Mpofu had asked for a bribe from Kurotwi, Mliswa said it would be a question that the Mines Committee would pose to Mugabe himself.“It is a question for Mugabe to answer.The committee can summon anyone, except the current President, to appear before Parliament to give oral evidence.We have a right to question Mugabe and it only makes logical sense that the committee asks Mugabe to respond to that,” Mliswa said.Another matter, where Mugabe was said to have failed to take action as chaos ensued in the mining sector, is when the Mines ministry under former minister Walter Chidakwa introduced the consolidation of diamond mining.Russian investors with Ozgeo were said to have been illtreated when 80 heavily-armed police officers sent everyone packing and took over their mine after they had invested millions into the project.DTZ Ozgeo managing director Victor Kusyla told MPs that the takeover of his diamond mine during Mugabe’s era was in breach of security of tenure.“Such issues must not be repeated because we might want to invest in another project, for example, livestock, and our hands will be tied because we were ill-treated,” Kusyla said.He said the contract which they were made to sign with Zimbabwe Consolidated Diamond Company to take over their equipment and mine was under duress, as they were blatantly told by Chidakwa that if they failed to sign it, they stood to lose out.– DailyNews.
Views: 624 SA Nehanda News
BITC Making it in Botswana TV Programme   Episode 4   Ebony Botswana & KGK Diamonds
 
21:35
Welcome to the forth episode of Making It In Botswana Television Show. The show airs at 20h30 on Botswana Television. This show's main objectives is to showcase testimonies of BITC assisted companies and most importantly encourage Batswana to buy locally manufactured products.
Zimbabwe: 'Only U.S.$282 Million Realised From Chiadzwa Diamonds'
 
04:48
Zimbabwe: 'Only U.S.$282 Million Realised From Chiadzwa Diamonds'. By Africa Moyo and Ishemunyoro ChingwereGovernment realised a measly $282 million in six years through taxes and dividends from diamond firms that operated in Chiadzwa, a move that eventually prompted....
Views: 3 News Zimbabwe
Seven 11 Precious Metals Diamond Showcase
 
00:48
Seven 11 Precious Metals Diamond Showcase About Us: Seven 11 Precious Metals is a legally registered indigenous mineral exploration agency and business investment company with proven track record in all areas of mineral resource development including acquisition of mineral exploration permits, commissioning all aspects of operations, mine reclamation and closure. We specialize in mining and exportation of the following non-ferrous metals; Gold, Fine White Colored Diamond, Coltan, Zirconium, Rutile, Bauxite, Ruby, Iron Ore, Copper, Tantalite, Platinum and good quality bonny light crude Oil plus Timber. We work with several mining sites in mining communities of; Cameroon, Gabon, Burkina Faso, Sierra Leone, Ghana, Guinee Conakry, Central Africa Republic, Eastern D.R Congo, Western Uganda, Tanzania and East Africa in General. We also buy from non formal miners or community miners known locally as galamsey. Our production capacity of supply range between 250-300 Kilos of Gold monthly. Our conditions of transaction are unique and incomparable and we mainly export the best quality Gold (dust/bars/nuggets) and diamond to any destination in the world (South America, USA, Canada, Asia and Europe).
Zimbabwe Mining Development Corporation faces Parliament (3/4. 22 Feb 2018)
 
01:49:08
Zimbabwe Mining Development Corporation (ZMDC) faces the Parliamentary Committee on Mines and Energy chaired by Temba Mliswa. Where is the US$ 15 billion diamond money? Stay Up to Date: http://bit.ly/2A8b1tr Like Zim Stones on Facebook: https://www.facebook.com/Zim-Stones-1996676987264960/ Earn Extra Money Online: http://bit.ly/2yYbf1z
Views: 5531 Zim Stones