Categories: Stories

Audit Marange firms before merger

Civic groups want the government to audit all Marange diamond firms first before consolidating their operations to shed light on their operations.

Mines Minister Walter Chidhakwa has said the government will merge the six diamond firms, leaving only one or two to bring transparency and accountability in the diamond sector.

“We are deeply concerned that prior to the merger, government has not instituted independent audits on all mining operations in Marange where government is a major shareholder,” said the Centre for Research and Development (CRD) and Zimbabwe Natural Resource Dialogue Forum (ZNRDF) in a statement today.

“Audited reports on Marange diamonds are critical to provide direction to the mergers if the issue of transparency and accountability is to be of priority to government.”

They noted that an audited report on one of the diamond firms wholly owned by government, Marange Resources, was carried out at the beginning of the year “but sadly Minister Chidhakwa is yet to disclose the findings”.- The Source

(73 VIEWS)

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Is it true that 4 million Zimbabweans went without food on several occasions last year?

At least four million people in Zimbabwe reported that they had gone without food on…

November 5, 2026

Did you know that four of the world’s largest banks are all in China?

Four of the world’s largest banks are all in China. Assets of the Industrial and…

October 15, 2026

Zimbabwe one of the 27 countries in the world where the richest 0.1% has more wealth than the bottom 80%

Zimbabwe is one of the 27 countries in the world where the richest 0.1% of…

October 2, 2026

Zimbabwe third among the least free countries in SADC

Zimbabwe has been ranked third among the least free countries in Southern Africa but it…

May 24, 2026

Why I had a girlfriend two months after my wife’s death- Take 1

I had always considered it a curse for a wife to die before her husband.…

May 18, 2026

Why I had a girlfriend two months after my wife’s death

This is a true story about the challenges and loneliness I faced when my wife…

May 17, 2026