Categories: Stories

Parliament calls on government to investigate Kasukuwere over Marange–Zimunya Community Share Ownership Trust within 14 days

8.   The Committee further recommends that the President, H.E Cde. R.G Mugabe establishes a Commission of Inquiry led by a Judge or any other suitable candidate to investigate the intricate web of deceit, corruption and fraud related to the establishment and implementation of the M-Z CSOT. Further, that particular attention must be paid to a likely covert strategy meant to discredit and malign the Office of the President.

9.  The ZRP and responsible authorities must work towards concluding the investigation around the alleged externalization of USD $500 million by Jinan and possibly other mining companies. The Commissioner General of Police must issue a statement by November 30th, 2016 on progress.

10.  An amendment of the Indigenisation and Economic Empowerment Act [14:33] as read with Indigenisation and Economic Empowerment General Regulations of 2010 and the Mines and Minerals Act  to reflect the legal status of Community Share Ownership Trusts, as a matter of priority.

11. In general terms, a greater culture of consultation across all stakeholder groups must be encouraged within the nations' diamond mining industry. Industry practitioners and experts, policy makers, affected communities, local and traditional leadership and the general public must be afforded opportunities to participate in and contribute towards the shaping of policy in this regard. The opacity and inadequate sharing of information only gives rise to lack of understanding, suspicion and mistrust of the industry and its custodians. Practical steps must be taken to establish platforms that allow for a two-directional exchange of information and opinion. This is crucial in establishing the buy-in on policy direction by the ultimate beneficiaries of the nation's natural resources. Madam Speaker, I thank you.

(1304 VIEWS)

This post was last modified on October 25, 2016 9:03 pm

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21

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.

View Comments

Recent Posts

Did you know that Zimbabwe has 300 financial institutions?

Zimbabwe has 300 financial institutions, 90% of which are microfinance institutions. According to the latest…

February 8, 2025

Zimbabwe starts compensating farmers whose land was protected by BIPPAs

Zimbabwe has started paying compensation for farms that were taken over by the government during…

February 7, 2025

Zimbabwe diaspora remittances exceed US$2 billion

Remittances by Zimbabweans abroad last year rose to nearly US$2.2 billion up from $1.8 billion…

February 7, 2025

Zimbabwe reduces forex retention to 70% removes limits of forex trading

Zimbabwe has reduced foreign currency retention by exporters from 75% to 70%  to guarantee continued…

February 7, 2025

Mnangagwa unstoppable

Zimbabwe President Emmerson Mnangagwa is determined to stay in power until 2030 or even beyond…

February 2, 2025

Zimbabwe unveils measures to curb informal sector

Zimbabwe has introduced a raft of measures aimed at promoting formalisation of the informal sector…

February 1, 2025