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Zim civic groups want audit of Marange firms before merger

29 september 2014
Zimbabwean civic groups have asked Harare to audit all firms mining diamonds in Marange before streamlining their operations.
This, they argued, would help shed light on their operations.
The country’s mines minister Walter Chidhakwa previously said government would merge the six diamond firms, leaving only one or two to bring transparency and accountability. However, the move to streamline operations in Marange would be likely threatened by legal hurdles, experts say.
“We are deeply concerned that prior to the merger, government has not instituted independent audits on all mining operations in Marange where government is a major shareholder,” said the Centre for Research and Development (CRD) and Zimbabwe Natural Resource Dialogue Forum (ZNRDF) in a statement seen by The Source.
“Audited reports on Marange diamonds are critical to provide direction to the mergers if the issue of transparency and accountability is to be of priority to government.”
Diamond miners in Marange had been accused of engaging in opaque operations resulting in truncated revenue inflows to the national fiscus.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished