Diamond policy gets Cabinet nod

CABINET on Tuesday approved the Zimbabwe National Diamond Policy which is expected to regulate the diamond mining sector and ensure accountability in the mining, processing and selling of the precious mineral.

The policy will see only the Zimbabwe Consolidated Diamond Company (ZCDC), Murowa Diamonds and two other companies to be approved by Government undertaking diamond exploration and mining in the country. Briefing journalists after Tuesday’s Cabinet meeting, Information, Publicity and Broadcasting Services Acting Minister Mangaliso Ndlovu said the policy covers all stages of the diamond value chain, namely exploration, mining, processing, valuation, marketing, beneficiation, value addition as well as issues of security and law enforcement.