NEWSROOM (ADV) – Tuesday, Ministers agreed on Zimbabwe’s new Diamond law. The latter has long been awaited in an effort by the State to better manage the country’s large diamond reserves. In this regard, accountability is key to ensuring the well running of the sector and its workforce.
Starting this date, it has been approved that only three state authorized companies – Murowa Diamonds and two others – have the sole and exclusive rights for exploring Zimbabwe’s rich underground. Similarly, foreign entities interested to invest in Zimbabwe’s diamond research, are invited to engage in discussions with either of the three authorized companies so to establish joint ventures.
The State designed this new law in accordance with professionals of the sector following a strong and scientific method for defining weaknesses of past policies.
© Bur-csa – A.H / Nacer Arji – African Daily Voice (ADV) – Follow us on Twitter : @ADVinfo_eng
