Mbada Diamonds, Marange Resources Added Onto US Sanctions List

The list is meant for all those individuals and/or companies associated with the former ruling party Zanu PF and its boss, 87-year-old President Robert Mugabe.

The sanctions list was compiled by the US Government after alleged human rights abuses by the party and President Mugabe especially during the time of the election when there was rampant corruption in Zimbabwe.

Ironically, Mbada Diamonds held a lavish soccer tournament over the weekend where it sponsored the Zimbabwe Warriors former greats known as “The Dream Team” then under the late German coach, Reinhard Fabisch, against Zimbabwe’s top musicians.

Sharon Hudson-Dean, Counsellor for Public Affairs at the US Embassy in Harare confirmed that the two companies had been added by her government onto the sanctions list but said this was due to the fact that they were both part of the Zanu PF empire of companies operating in Zimbabwe and still benefitting from trade with the US.

“Mbada Diamonds and Marange Resources, both involved in developing the Marange Diamond Field, have been added to the specifically designated entities (sanctions) list because of their ownership and for no other reason,” she said.

Zanu PF has said the sanctions are hurting all Zimbabweans and not only its cronies operating in Zimbabwe and abroad.

The US and the European Commission (EC) have, however, pointed out that the sanctions will be maintained as long as the Zimbabwe government does not adhere to international best practices including leaving its citizens alone to belong to a party of their choice as well as to meet without disturbances from the notorious Zimbabwe Republic Police (ZRP).

Mbada Diamonds and Marange Resources are top mining entities involved in diamond production in Zimbabwe today.