Zimbabwe: diamonds and ZANU-PF continuity
- January 24, 2019
- - 4:10 pm
Zimbabwean government-controlled media reported January 24 that President Emmerson Mnangagwa approved the appointments of Russia’s ALROSA and China’s Anjin Investments as the country’s foreign partners to explore and mine diamond concessions in Zimbabwe. The development marks progress in the Zimbabwean government’s commitment to creating new public-private partnerships aimed to restore growth to its underperforming state mining companies. The format of the economic agreements reflect conformity to Zimbabwean ruling party imperatives, however, rather than resembling foreign investor interest being more broadly incentivized by Zimbabwean government reforms. The approvals of ALROSA and Anjin to partner with the Zimbabwe Consolidated Diamond Company (ZCDC) …
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