Zimbabwe’s President Served Private Diamond Miners Their Eviction Notices

The Odum of Ala Igbo

Hail Biafra!
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The Republic of Biafra
What happened was Mugabe and his Government decided to give licenses to an assortment of Chinese firms, political cronies , the army and state mining companies. He did this to buy some of them off for political reasons. The diamonds were of the alluvial variety and once those were exhausted the companies started stalling on putting in more capital. In addition to that the Government was losing money because a lot of the cash was being siphoned away. It is pretty much an open secret that party connected officials, Chinese investors and other local people got the bulk of the cash. These issues were brought up multiple times and Mugabe's Government played the usual anti-West rhetoric and praised the Chinese investors. If Zimbabwe had used the Botswana model it would have increased transparency and maybe forced some of the money to pass through state coffers. Mugabe went the opposite route and created a smorgasbord of operators who benefited. The horse has already bolted and the old man is like 10 years too late to fix the problem, if he ever wanted to do so in the first place.

Alluvial diamonds always cause this sorts of problems
 

mbewane

Knicks: 93 til infinity
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I said the CAC media never reports the disparities in any place but black countries, and that is true enough. The above reporter works for said CAC media and simply regurgitates whatever the cacs tell him to write. His example doesn't prove anything; he lives in London and copywrites whatever his editors say he should.

European halfbreeds like @mbewane will go to any length go defend cacs. The other halfbreed ogkush is similar in his zealot defense of Europe.

I'm an African halfbreed too :troll:
 
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