Mukasiri Sibanda's Page

IntroductionSeven executive managers of the Zimbabwe Consolidated Diamond Company (ZCDC), including the Chief Executive Officer (CEO) were fired by the board on Friday 17 May 2019.  ZCDC is a State-Owned Enterprise (SOE). The entity was created in 2015 and started operations in 2016 after seven diamond mining companies were booted out in the name of bringing transparency and accountability to murky Marange diamond mining activities.The dismissal according the board, was necessitated by the…See More

Government is on the overdrive to attract investment to stimulate desperately needed socio- economic development. Since Zimbabwe is endowed with huge mineral wealth, mining is the heart beat of the “Zimbabwe is open for business” mantra.By nature, mining is a capital-intensive business. Attracting investments, therefore, is critical to turn mineral wealth into modern schools, hospitals, roads and water infrastructure. Care must be taken, however, to choose investors that do not swindle citizens…See More

With roughly $15 billion allegedly lost from Marange diamonds, the opportunity to fight inequality through domestic resource mobilisation was possible squandered. All is not lost though. This undesirable situation can be reversed in the quest to fight inequality.  Government, therefore, must immediately adopt the following measures to ensure that diamonds champion the fight against inequality in Zimbabwe.Zimbabwe Consolidated Diamond Company (ZCDC) must give 10% equity to Marange-Zimunya…See More

With roughly $15 billion allegedly lost from Marange diamonds, the opportunity to fight inequality through domestic resource mobilisation was possible squandered. All is not lost though. This undesirable situation can be reversed in the quest to fight inequality.  Government, therefore, must immediately adopt the following measures to ensure that diamonds champion the fight against inequality in Zimbabwe.Zimbabwe Consolidated Diamond Company (ZCDC) must give 10% equity to Marange-Zimunya…See More

IntroductionZimbabwe is open for business. A mantra that the President seizes every opportunity to tell, to rebrand and prime the country for economic growth that delivers jobs and quality service delivery – an upper middle income by 2030. But, how open is Zimbabwe for business?To explore this question and to perhaps proffer alternative policy and practice reforms for making a point that charity begins at home on ease of doing business reforms, attention is paid to artisanal and small-scale…See More

IntroductionThe quest to bring improved transparency and accountability in the management of Marange diamonds – scandalously known for “missing $15 billion” birthed the Zimbabwe Consolidated Diamond Company (ZCDC). As the Zimbabwe Environmental Law Association (ZELA), an organisation with solid interest in resource governance, we are compelled to sift the latest Auditor General’s report to have a better understanding of how well or bad is ZCDC managed for the benefit of all Zimbabweans.  After…See More

IntroductionThe harsh socio-economic environment prevailing in the country underscores the importance fighting the resource curse. A mineral rich country, endowed with world class mineral assets, platinum and chrome deposits which rank second best in the world after South Africa, is ravished by cholera. A medieval disease. Revenue generated by government is consumed by recurrent expenditure. leaving little resources to invest in health, education, clean and portable water. These struggles…See More

IntroductionThe harsh socio-economic environment prevailing in the country underscores the importance fighting the resource curse. A mineral rich country, endowed with world class mineral assets, platinum and chrome deposits which rank second best in the world after South Africa, is ravished by cholera. A medieval disease. Revenue generated by government is consumed by recurrent expenditure. leaving little resources to invest in health, education, clean and portable water. These struggles…See More

Introduction According to the Africa Mining Vison (AMV), Artisanal and Small-Scale Mining (ASM) is an integral part of mining.  The sector is critical for optimal exploitation of mineral resources because some deposits are not economically viable for large scale mining. Nuggets of development wisdom that can be mined from Mrs Ncube, a determined small-scale miner from Bubi district helps to explain why ASM sector is viewed positively by AMV. Mrs Ncube’s lived realities shows that the ASM sector…See More