South African diamond executive Ernest Blom allegedly traded in Marange diamonds long before he decided to team up with United States sanctions buster C Gregory Turner and even boasted about his involvement, the former chief executive of African Consolidated Resources, Andrew Cranswick told United States embassy officials in November 2008.
Zimbabwe’s largest mobile phone operator Econet Wireless Zimbabwe sees data and value added services contributing 30 percent of total revenue by 2016, but with low profit margins as consumers migrate to internet based applications, an official said yesterday.
Riot police yesgterday rescued of the management of troubled AfrAsia Bank’s Mutare branch after some civil servants turned rowdy when they failed to access their salaries, police said, a sign of the deepening crisis at the bank.
Mavambo-Kusile-Dawn leader Simba Makoni has called on President Robert Mugabe to come clean on Vice-President Joice Mujuru after the showndown with his wife Grace who lambasted his number two during her nationwide tour.
Zimbabwe’s electricity generation has fallen to 806 megawatts from all its power stations following a systems disturbance at Hwange Thermal Power and maintenance works at other plants, with more power outages likely, the company said today.
South African diamond executive Ernest Blom tried to rope in Robert Mhlanga, a former Air-Vice- Marshall who is widely reported to have been President Robert Mugabe’s personal pilot and is now chairman of Mbada Diamonds, in his quest to secure exclusive mining rights for Marange diamonds.