Staff Reporter

Government’s vision for a US$12 billion mining sector economy by 2023 is fast becoming a reality, as the Zimbabwe Consolidated Diamond Company (ZCDC) surpasses its diamond production target by a whopping 75% despite COVID-19 challenges in the year ending December 2021.

As at 31 December, ZCDC recorded 4 013 219.90 carats against its projected target of 2 300 00.00 which translates to a 75% increase.  The total diamond stock as at 31 December 2021 stood at 3 372 660.25 after 105 000 carats were sold and ZCDC conducted an international diamond tender and realised US$7.5 million.

This publication managed to speak to a contact within the ZCDC who attributed the success to uninterrupted supply of electricity and fuel as well as the new machinery that was imported from Germany in the first quarter of 2021.

“Government efforts of ensuring uninterrupted supply of fuel and electricity to the mining sector have contributed significantly to the efficient production of diamond hence, the results. 

“Again, the increased operational efficiency can be attributed to equipment that was imported from Germany in
March 2021.  The equipment comprises of 2 excavators and some service kits,” said the contact that preferred anonymity.

 

 

 

Political Reporter

Citizens Coalition for Change (CCC) leader Nelson Chamisa was left with egg on his face after some candidates defied his directive to withdraw their candidatures ahead of the by-elections slatted for 26 March this year.

Political Reporter

There was a near fist fight between Citizens Coalition for Change (CCC) female members in Gwanda during a Provincial meeting as factional combats in the opposition party escalate ahead of the upcoming by-elections, Harare Post can exclusively report.

Agriculture Reporter

The Monetary Policy Statement announced yesterday by Reserve Bank of Zimbabwe Governor, Dr John Mangudya has excited farmers who have since described it as progressive as it seeks to improve farming activities in the country.