President Robert Mugabe has disclosed his reasons for taking over the mining operations in the country stating that the government didn’t receive meaningful returns from the Chiadzwa diamond fields. According to Mugabe, the private companies mining there, robbed Zimbabwe.
Mugabe related that less than $2 billion was derived from diamond proceeds. “We have not received much from the diamond industry at all,” Mugabe said.
“Not much by the way of earnings. I don’t think we have exceeded $2 billion or so and yet we think that well over 15 or more billion dollars have been earned in that area,” he stressed.
The old leader complained that even the people appointed to monitor the mining activities failed the country. “where have our gold or carats…been going” he inquired, adding that “there has been quite a lot of secrecy in handling them and we have been blinded ourselves.
…Our people who we expect to be our eyes and ears have not been able to see or hear what was going on and a lot of swindling, smuggling have taken place and companies that have been mining virtually i want to say, robbed us of our wealth and that is why we have decided that this area should be a monopoly area and only the State should be able to do the mining in that area.
You cannot trust a private company in that area, none at all and we should have learnt from the experiences of countries like Botswana, Angola, Namibia…”
It is been speculated that the decision which affected a Chinese company – Anjin, will negatively affect the relationship between Zimbabwe and China.
Mugabe nevertheless dismissed that saying; “I don’t think it has affected any of our relations at all. I told president Xi Jinping that we were not getting much from the company and we didn’t like it anymore in this country.”