13 years ago 13 years ago

Zimbabwe diamonds- ACR is not a saint after all

by Charles Rukuni 13 years ago13 years ago

African Consolidated Resources chief executive Officer Andrew Cranswick has described South African companies now at Chiadzwa as “crooks.” But, it appears, ACR’s hands are not that clean either. One of ACR’s subsidiaries, Mayback Investments, tried to “grab” four diamond claims in the Lundi area of the Lowveld from a Bulawayo businessman Rodgers Madangure in 2007.

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Posted by 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.