Zim Needs New Diamond Act: Biti

“There is still a gap on what we are receiving at the treasury and what is mined” said Biti.

Biti’s statement confirmed concerns that have been raised in the past of corruption and heavy political involvement in the mining of the alluvial stones.

Zanu PF politicians have in the past been accused of abusing the country’s diamonds to oil its repressive machinery.

Minister Biti wooing investors into Zimbabwe said the Harare administration was investing $14 billion towards infrastructure development that includes electricity, water and an effective road network
“Currently only seventeen percent of our entire roads are paved; we are competing with Democratic Republic of Congo for the position of becoming the capital of potholes”, added Biti to a rapturous applause.

The Zimbabwe Trade and Investment Conference being held at the Indaba Hotel is being attended by Prime Minister Morgan Tsvangirai, deputy Prime Minister Thokozane Khupe and seven other government ministers.