'Assist in setting up diamond cutting centre'

HARARE - Lovemore Kurotwi, chairperson of Zimbabwe Diamond Technology Centre (ZDTC), has appealed for government support to help in the establishment of a diamond polishing and cutting centre.

Kurotwi told a parliamentary portfolio committee on Mines and Energy of the work being done at the ZDTC in Hampden in Zvimba East constituency.

Kurotwi led the MPs through a tour of  the ZDTC, which is under construction and expected to be completed by June this year.

ZDTC will be a hub for diamond trade.

Upon completion, the centre will warehouse 500 factories and will create about 100 000 jobs.

Also incorporated in the ZDTC is the Zimbabwe Diamond Education College which primarily transfers knowledge and skills in cutting and polishing rough diamonds, evaluation and grading them.

It has trained over 300 students who specialise in diamond cutting and polishing.

“ZDTC will provide safe, secure and conducive environment for business,” Kurotwi said.

“Serious diamond traders are used to first class treatment hence the importance of this one stop where buyers will come and get all they want under one roof.

“There is no  difference in what they are doing in Antwerp Belgium, the biggest diamond centre in the world, or what we shall be doing  at ZDTC when we have finished,” he told the legislators who were led  by Lovemore  Matuke, chairperson of the committee.

He said most African countries, including Zimbabwe, were rushing to diamond centres in Europe for trading instead of creating their own centre.

Speaking at the same occasion,  Richard Mvududu, chairman of Diamond Beneficiation of Zimbabwe, asked for a reduction in the diamond  cutting and polishing  licence fee, currently pegged at $100 000 per annum.

Mvududu called for a reasonable price  to allow many indigenous players in the diamond trade.

“We have 20 players in the industry who are licenced but this year we have one company operating  but we have engaged the parent  ministry on that issue, we are also appealing  to you as our MPs for a change in the policy,”Mvududu said.

Comments (1)

How is the government going to pay the civil servants' when it sells 300 000 carats for 10 million dollars come guys don't take us for fools even at the lowest price of 100 dollars per carat you were supposed to get 300 million dollars. Somebody somewhere is eating that's the order of the day, otherwise how would this be possible 300 000 carats for 10 mill. Sometimes when you read in the paper people saying Ian Smith was better they are right, with smith everything worked. With us blacks all we know is stealing, cheating, looting and destroying things, are black people even capable of anything everything we have touched as the black government for the people by the people has be laid to waste. We inherited the best performing economy in Africa now look at us a basket case, beggars, a disgrace even the President once said it when he was in South Africa that if you are being served by a waiter or waitress in a South Africa Hotel 9 out of 10 times it's a Zimbabwean. Nothing is working in Zimbabwe nothing no power, no water, no health care, no affordable quality education, no nothing.l am ashamed to even say l am from Zimbabwe.

Roland Rat - 11 February 2014

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