Fresh firestorms torment bleeding diamond miner… as sovereign wealth fund vetoes crucial fire sale
Zimbabwe’s troubled state-owned diamond miner — the Zimbabwe Consolidated Diamond Company (ZCDC) — has plunged into a fresh crisis after its sole shareholder, Mutapa Investment Fund (MIF)
By Tinashe Kairiza
Aug. 8, 2025
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Zim diamonds hub in tears as global meltdown inflicts pain... Communities plead with sovereign fund to halt sweeping layoffs
ZCDC’s layoffs are part of a broader industry crisis.
By Tinashe Kairiza
Aug. 1, 2025
We can’t have graveyards of lost opportunity again
If ZCDC’s troubles are any indication, we may be staring at a full-blown national crisis.
By Shame Makoshori
Jul. 18, 2025
ZCDC at loggerheads with borehole-drilling company
The state-owned miner commissioned the boreholes last year as part of its community development obligations.
By Musavengana Chirau
Jul. 18, 2025
Crisis in diamond sector worries workers
Chinhema also noted the sit-in over unpaid wages at Murowa Diamonds.
By Silas Nkala
Jul. 16, 2025
State diamond firm lays off hundreds to avoid collapse
ZCDC is one of a few state-owned entities still propping up government finances amid intense economic headwinds
By Tinashe Kairiza
Jul. 11, 2025
ZCDC to exhibit capital projects at ZITF
The company also invested in state-of-the-art security systems such as automated searching equipment, which play a crucial role in the reduction of pilferage.
By Business Reporter
Apr. 17, 2025
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State diamond miner mulls retrenchments
Impeccable sources with knowledge of the plan said ZCDC's state of finances had resulted in delayed salaries.
By Tinashe Kairiza
Apr. 4, 2025
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Diamond deception...Anjin, ZCDC abandon Chiadzwa share trust
A Chiadzwa villager, who spoke to the Independent, expressed frustration over the lack of progress.
By Tinashe Kairiza
Mar. 28, 2025
