Categories: Stories

Britain says Marange diamonds still “dirty”

Britain’s Minister of State in the Foreign and Commonwealth Office Lord Howell of Guildford said on Monday diamonds from Marange have not yet been cleared by the Kimberley Process and should therefore not be traded.

He said they had informed the diamond industry in the UK about this but it was really up to the businesses to comply.

“The restrictive measures imposed on Zimbabwe prohibit the making available of funds or economic resources to directly or indirectly listed entities. Marange Resources (formerly Canadile Miners) and Mbada Diamonds are not themselves designated entities. However, if making resources available to them conferred a significant financial benefit on a designated entity such as ZMDC, as would often be the case with joint ventures, this would be a breach of the measures,” Lord Howell told the House of Lords.

“There are also restrictions under the Kimberley Process on diamonds exports from the Marange region in which the mining operations of Marange Resources (formerly Canadile Mines) and Mbada Diamonds are located. Given the continuing absence of a KP agreement allowing Zimbabwe to export Marange diamonds, the EU Chair of the Working Group on Monitoring has issued a statement to all KP participants which makes clear that until consensus is reached, KP participants should not trade in Marange diamonds. We have informed the UK diamond industry of this statement by the WGM chair.”

The British peer also said Britain had made its views known to Zimbabwe following the broadcasting of a documentary on human rights abuses in Marange by the British Broadcasting Corporation and had urged all parties, including the security forces and the prosecuting authorities, to act in an impartial manner and respect the rule of law.

“Following the allegations made in the BBC “Panorama” programme, we have urged the Kimberley Process, through the EU, to investigate the allegations. The Kimberley Process chair has written to the BBC asking it to pass its evidence for consideration, and to the Government of Zimbabwe requesting clarification of the allegations,” Lord Howell said.

KP chair Mathieu Yamba of the Democratic Republic of Congo cleared the Zimbabwe diamonds and countries like South Africa and India are now trading in Zimbabwe diamonds.

African diamond producers have accused the West of double standards on Zimbabwe’s diamonds and claim the West is trying to protect its producers as Zimbabwe could potentially become one of the world’s biggest producers.

(31 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

Reserve Bank of Zimbabwe expects more foreign currency sellers to join the interbank market

The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…

December 4, 2024

Zimbabwe 2025 citizens’ budget

Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…

November 28, 2024

To go or not to go- Mnangagwa in a quandary

Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…

November 25, 2024

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024