African Consolidated Resources chief executive Andrew Cranswick has sobered up. His report for the six months to September appeared reconciliatory as it did not mention his long standing battle with the Zimbabwean government over the Marange diamonds for which the London-listed company is better known.
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Surat Rough Diamond Sourcing India Limited, a consortium of 1 500 diamantaires which signed a deal with Zimbabwe in October under which it was to be guaranteed US$1.2 billion worth of rough diamonds a year from Marange is now desperate after its government ruled that no one should purchase Zimbabwe’s diamonds because they had not been cleared by the Kimberley Process Certification Scheme.
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Zimbabwe’s ambassador to the United Nations Chitsaka Chipaziwa says Zimbabwe will never bow to pressure from the West over its diamonds because what bothered them all was not what Zimbabwe was doing with its diamonds but the fact that the precious stones were not under their control.
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The most dangerous people politically are the very rich and the very poor, so says Henry George in his book, Progress and Poverty. He says the very rich are always manipulating politicians so as to protect their wealth while the very poor with their strong vote pressurise the politicians to equitably distribute the wealth.
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