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ACR charged with fraud

London-listed African Consolidated Resources today announced that it had been charged with fraud. The charges arise from the recent judgment by High Court judge Charles Hungwe who reversed his earlier…
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Israel playing it safe with Zimbabwe’s diamonds

It now seems to be becoming a pattern. Members of the Kimberley Process Certification Scheme meet in Israel. The major point on the agenda is Zimbabwe’s rough diamonds from Marange. Some Western governments and human rights organisations vehemently oppose the lifting of the ban on Zimbabwe’s diamonds. African diamond mining countries argue that Zimbabwe must be allowed to sell its diamonds.  The diamond industry says Zimbabwe must be allowed to sell its diamonds openly because they are going to get into the market anyway. The KP meeting ends in deadlock.  But not so, says Zimbabwe’s Mines Minister Obert  Mpofu. The country is going to sell its diamonds anyway. Everyone leaves the meeting happy. Each claims victory.

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Of elephants and ants

Mines Minister Obert Mpofu today said Zimbabwe is going ahead with the sale of its diamonds from Marange claiming that the country was being ill-treated by the Kimberley Process Certification…
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Chombo, Wife Fight Over Assets

LOCAL Government, Rural and Urban Development Minister Ignatius Chombo is embroiled in an acrimonious property-sharing wrangle with his wife, Marian, from whom he has been separated for the past three…