Mukasiri Sibanda's Page

Government, since 2011, repeatedly made commitments to implement the Extractive Industry Transparency Initiative (EITI) or resuscitate its home-grown version, the Zimbabwe Mining Revenue Transparency Initiative (ZMRTI). EITI is regarded as a global best practice that promotes open and accountable governance of oil, gas and mineral sectors.Intentions by government to either implement EITI or revive ZMRTI have not resulted in any tangible transparency reforms in the mining sector. A temperature…See More

Open for business?Totemic. That is the word which perhaps aptly sums up the potential of Zimbabwe’s huge and diverse mineral wealth to propel the country’s socio-economic development agenda. Early this year, the Minister of Finance and Economic Development, Mthuli Ncube, declared that mega mining deals worth US$8 billion have been sealed. It is anticipated that …See More

IntroductionTo funnel gold produced by artisanal miners into the formal market, Government introduced a policy to buy gold on no questions asked basis in 2014 through the National Budget Statement. A move designed to stop the arrest of artisanal gold miners whose activities are criminalised under the Mines and Minerals Act and the Gold Trade Act. It is illegal to prospect or mine any mineral without the requisite license under the Mines and Minerals Act. The Gold Trade Act makes it a criminal…See More

Open for business?Totemic. That is the word which perhaps aptly sums up the potential of Zimbabwe’s huge and diverse mineral wealth to propel the country’s socio-economic development agenda. Early this year, the Minister of Finance and Economic Development, Mthuli Ncube, declared that mega mining deals worth US$8 billion have been sealed. It is anticipated that …See More

IntroductionFor civil society working to influence policy and practice reforms tailored to strengthen linkages between mining and sustainable development, stakeholder engagement is a critical piece of the jigsaw puzzle. To gain a pulse feel of industry’s thinking concerning current and future of mining, the Zimbabwe Environmental law Association (ZELA) is participating at the Chamber of Mines’s 2019 Annual Mining Conference. Themed “Realizing Vision 2030 Through Resource Led Growth” the…See More

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

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