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Mugabe: Government will now own all Zimbabwe’s diamonds

imbabwe’s President Robert Mugabe has announced plans for his government to take control of all diamond mining operations in a bid to put an end to alleged rampant swindling linked to the multibillion dollar gem industry in the poverty-stricken country.

Mugabe’s statement came a week after authorities ordered all private mining companies to stop work and leave the country’s Marange fields, which in 2013 reportedly produced about 13 percent of the world’s diamond supply, saying that their working licences were not renewed.

“The state will now own all the diamonds in the country,” Mugabe said on Thursday in an interview with state broadcaster ZBC TV.

President Robert Mugabe

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