No regrets over Chiadzwa: Mnangagwa

VP Mnangagwa

VP Mnangagwa

Lloyd Gumbo Senior Reporter
Government’S responsibility is to craft policies that safeguard the national interest, and there’s therefore nothing to regret about the decision to consolidate the diamond mining industry, Vice President Emmerson Mnangagwa has said.

He made the remarks yesterday while fielding questions from legislators during a Questions without Notice Session in the National Assembly. VP Mnangagwa was responding to a question from MDC-T MP for Binga North, Mr Prince Sibanda, who sought to know if the recent decision by Government to consolidate the diamond industry would not affect its relations with the international community particularly its creditors.

Mr Sibanda claimed there were policy inconsistencies in Government resulting in the international community losing faith in Zimbabwe. “When a Government makes policies, it creates a policy in the national interest, not to please other people,” said VP Mnangagwa.

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“I am not aware of inconsistencies of policy. I am aware of policy of Government being consistent with the national interest of the country. In relation to consolidation of the diamond industry, this is the best practice the world over. Those who get aggrieved, let them come and discuss with us and we can show them light as to why we are taking this position.

“It is not an issue that would deter honest investors unless they were investors who were bent on coming to steal when the door of theft has been closed.”

Mines and Mining Development Minister, Walter Chidhakwa, also told MPs that Government was in the process of establishing how much the country lost through illicit dealings by firms and officials who were operating in Chiadzwa.

He said there were different figures being raised by different people on the exact amount the country lost.

Minister Chidhakwa was responding to MDC-T MP for Kuwadzana East, Mr Nelson Chamisa, who sought to know what had happened to the diamond money that was lost through illicit dealings which President Mugabe said could be around $15 billion.

“We have now triggered a process of establishing why, how it happened, how much it is in specific terms. I want to say that once that forensic report has been completed, we will bring it to Parliament to report on the matter,” said Minister Chidhakwa.

VP Mnangagwa said Government was committed to the debt clearance strategy that was struck at the Lima Conference late last year for its external debt.

He said officials from the International Monetary Fund and the World Bank were in the country last week to follow up on the strategy, which he said was on course.

VP Mnangagwa said the central bank was engaging local financial institutions to facilitate clearance of the internal debt.

He also said a number of Government projects were under implementation in various sectors of the economy.

VP Mnangagwa said Government would not interfere with internal processes of other countries such as the United States of America despite the fact that the US did so in other countries including Zimbabwe.

He was responding to a question from Zanu-PF MP for Buhera South MP, Mr Joseph Chinotimba, who sought to know if Government would summon the American ambassador Harry Thomas Jnr over violence at campaign rallies addressed by presidential aspirant, Mr Donald Trump (Republican).

Cde Chinotimba said it was important for Zimbabwe to condemn the USA in the same manner they condemned Zimbabwe whenever there were disturbances.

VP Mnangagwa said the statement by Information, Media and Broadcasting Services Minister Christopher Mushohwe on America would suffice.

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  • Idiot

    Tipeiwo chimoto!!!

  • Judas Iscariot

    “It is not an issue that would deter honest investors unless they’re investors who are bent on coming to steal when the door of theft has been closed”
    My only regret is,we allowed the door of theft to remain open,for a very long time, despite minister Biti,pleading with the president and his regime to close the loophole. His plea fell on deaf ears. It’s also sad to note,the regime doesn’t plan on taking any action against these miners,so we can recover some of our money back. We have seen developed countries like the US,going after companies that try to evade paying taxes,since there is proof these companies robbed us, why not sue them? We have already tried to file a frivolous lawsuit, against the EU claiming we lost 40 billion due to illegal sanctions. So why are we not suing these companies? Why are we not punishing our people who were working with these miners? These are the questions i expect our legislators to ask on our behalf.

    • Pamberi

      True wangu they allowed it to continue for too long,wonder kuti where were they when the rest of the country was suspecting foul play and they were just quiet,too late to recover the money but not too late to arrest those responsible,it sends message and prevent the same happening in rhe future

      • Freddie

        Surely if our government was represented by ZMDC through a 50% share ownership with private investors then should we really wonder on the whereabouts of our diamond money whilst officials of ZMDC remain quiet. I do not think it is too late to follow up on ZMDC unless we are afraid of an influential ‘someone’.

  • Mabasashe

    Interesting the Zanu-PF Government continues to feign ignorance over problems associated with diamond extraction after a decade of numerous warnings and reports extensively covering the topic. With effective nationalisation of all diamond operations using virtually the same Government players and methods as previously, can any Minister honestly believe foreign investors will ignore Zimbabwe’s dubious track record in transparency and accountability?

  • Kwangwari Gwayendepi

    So does it mean we have only lost 25 billion,due to illegal sanctions? The 40 billion included lost revenue in diamond sells,now we know 15 billion was lost due to robbery and not sanctions.

  • cliff colonel

    Kkkkkkk, 2 wrongs dont make it right cde chinos

  • Department 6

    where is there $15b????

  • Robson Dambudzo

    “We have now triggered a process of establishing why, how it happened, how much it is in specific terms. I want to say that once that forensic report has been completed, we will bring it to Parliament to report on the matter,” said Minister Chidhakwa.

    Chidhakwa is clue less and drunk just like his name. So you only managed to trigger a process after the President talked of $15 billion going missing during an interview. Why didnt you trigger a process when $1 billion went missing or when $400 million went missing which is enough to pay all the civil servants for a month??????

    • Observer gonzo

      Frankly there is no will to bring anyone to book, plain and simple.

  • Ndaneta

    No mention of bringing to book the culprits because you know what some of them were right there!

  • bodo_kwete

    anaChinotimba tsvwou !! (tsamwa)

  • haiwawo

    This is for the suppression of my comments on the issue.

    They don’t regret anything because they don’t care as long as they are fed.

  • Matsimba

    Of course the time for regretting is coming for the looters. The wise will seek amnesty in time by cooperating fully with the forensic audit the minister is alluding here, and offer on their own volition to repatriate ALL the proceeds stashed in foreign lands. Only then can we safely say that we don’t have regrets.

  • Fred Muchena

    Zvipiko kkkk. Tell me just ONE person who was tried for corruption since independence? Just ONE!!


    post all comments written by readers we r all contributors to the economy of zimbabwe and have a right to praise, oppose and expose the goverment of the day. when it comes to our resources we listen and watch carefully. Editor post all posts written to contribute to these discussions. not what you feel should be posted its my opinions.


    ummm are we free or no.

  • Pamberi

    Brilliant analysis shanga