Furore over diamond share scheme

Furore over diamond share scheme
Published: 02 December 2013
Tempers allegedly flared during an induction workshop for Mutare Rural District Council councillors and other stakeholders over the secrecy surrounding the Zimunya Marange Community Share Ownership Trust last week.

Stakeholders had met at a local hotel to be updated on the operations of the Trust and the progress made so far.

All hell broke loose after the National Indigenisation Economic Empowerment Board (NIEEB) regional manager David Garwe refused to disclose names of companies that had deposited money in the Trust's coffers so far.

Until recently there had been reports that the Trust had so far received about $400 000 out of the expected $50 million.
- newsday
Tags: Diamonds,

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