{"id":388,"date":"2016-06-16T17:34:00","date_gmt":"2016-06-16T17:34:00","guid":{"rendered":"https:\/\/mrmushava.wordpress.com\/2016\/06\/16\/depth-of-diamonds-chiadzwa-insiders-confession\/"},"modified":"2026-10-24T16:12:28","modified_gmt":"2026-10-24T16:12:28","slug":"depth-of-diamonds-chiadzwa-insiders-confession","status":"publish","type":"post","link":"https:\/\/blockspaceballads.com\/?p=388","title":{"rendered":"Depth of Diamonds: Chiadzwa Insider\u2019s Confession"},"content":{"rendered":"<table align=\"center\" cellpadding=\"0\" cellspacing=\"0\" class=\"tr-caption-container\" style=\"float: left;margin-right: 1em;text-align: left\">\n<tbody>\n<tr>\n<td style=\"text-align: center\"><img fetchpriority=\"high\" decoding=\"async\" alt=\"http:\/\/nehandaradio.com\/wp-content\/uploads\/2016\/05\/Lovemore-Kurotwi-265x198.jpg\" src=\"http:\/\/nehandaradio.com\/wp-content\/uploads\/2016\/05\/Lovemore-Kurotwi-265x198.jpg\" height=\"298\" style=\"margin-left: auto;margin-right: auto\" width=\"400\" \/><\/td>\n<\/tr>\n<tr>\n<td class=\"tr-caption\" style=\"text-align: center\"><span style=\"font-size: x-small\"><span>Lovemore Kurotwi (The Herald)<\/span><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"text-align: justify\"><span><span style=\"font-size: small\">When the poor are crunched into by-products of their circumstances, as  the rich evolve into monsters of their lust, money matters more than  morality. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>This is the story of Chiadzwa diamond fields, a site of national promise and missed opportunities. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>Imperilled by financial opacity and institutionalised sabotage,  smuggling and corruption, Zimbabwe\u2019s diamond industry has fared below  capacity. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>For the past decade, Chiadzwa has been widely considered the mainstay of  Zimbabwe\u2019s economic recovery but not much has come of it. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>The messianic halo of the eastern deposits has dimmed, with recent  reports indicating that mining companies in the area may have prejudiced  Government of $13 billion. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>While diamonds have added the sparkle to neighbouring economies,  Botswana, South Africa and Namibia, Zimbabwe is yet to make the most of  its reserves. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>Government recently moved to reclaim the promise of Chiadzwa with the  inception of Zimbabwe Consolidated Diamond Company to replace erstwhile  miners, an intervention that has brought about transparency and  profitability, inspiring new optimism. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>Fair, fresh start and good riddance to Babylon! <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>However, a post-mortem of the elapsed dispensation is still the cause of  popular deliberation and stories are emerging about what went wrong  with Chiadzwa. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>\u201cThe Rise and Fall of Chiadzwa\u201d by founding director of Canadile Mining  is an inside story about how Chiadzwa lost it all and the way back. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>The book was recently launched in Harare\u00a0 few days after the courts  cleared Kurotwi of fraud charges after a six-year legal battle. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>Kurotwi was arrested in 2010 for allegedly misrepresenting to then Mines  and Mining Development Minister Dr Obert Mpofu that his company, Core  Mining, was a special purpose vehicle of a South African company, BSGR,  which would finance a joint venture with the ministry in Chiadzwa to the  tune of $2 billion. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>He was acquitted earlier this month after the court determined that the  ministry had not addressed conditions laid out by BSGR for participating  in the joint venture, hence the latter\u2019s non-participation.  <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>Kurotwi revisits circumstances surrounding the court battle in the book,  but the section can be put down to a highly personal subplot which does  not lend itself for a third party to endorse or refute beyond what is  established in the courts.  <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>Although the book tends to be an extended affidavit or legal  post-mortem, sometimes to a fault, in this respect, it has far more to  offer. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>There are interesting insights throughout the book, gleaned from  Kurotwi\u2019s title role involvement at the dawn of Chiadzwa and worm\u2019s eye  view after Canadile\u2019s mining concession was crossed out. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>\u201cThe Rise and Fall of Chiadzwa\u201d sets out 10 years ago with the  rediscovery of alluvial diamonds in Chiadzwa, located in Midrange, in  the eastern highlands of Zimbabwe. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>The story of \u201cmagweja,\u201d the daring protagonists of the 2006 gold rush is  now legendary but Kurotwi revisits the ironies from the transition of  the free-for-all panning and smuggling to the formalisation of Chiadzwa  under Public Private Partnership Agreements.  <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>Kurotwi calls out the ironic contrast from the excitement and liquidity  impetus occassioned by the illegal diamond panners to the frustration  and lack of accountability which obtained after formalisation.  <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>\u201cOne would expect that with order and sanity finally brought in and  proper mining taking place, we would have even greater hype and much  higher liquidity this time properly felt in the country as a whole\u2026\u201d  argues Kurotwi.  <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>\u201cBut that was not the case. As soon as there was orderly mining in  Chiadzwa, finance minister after finance minister complained that there  was no money coming out of Chiadzwa diamond mining into the country\u2019s  treasury,\u201d he says.  <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>Kurotwi faults this on lack on creative accounting, lack of accountability and failure to beneficiate the stones.\u00a0<\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>Towards the end of their brief history, mining companies in Chiadzwa  claimed that they were running out of alluvial diamonds and had no  capacity to dig dipper, totally bad news considering the optimism that  had been vested in the stones. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>The proposal by Government\u2019s mining arm, Zimbabwe Mining Development  Corporation (ZMDC), to consolidate operations into a single entity for  greater productivity, accountability, sustainability and profitability,  in light of dwindling fortunes, met resistance from the companies. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>The companies\u2019 operations were apparently revolving around self-interest  as it emerged that they had relapsed from their obligation to develop  the host communities whom they had displaced from the rich deposits. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>\u201cFirstly, the resettled farmers are a bitter lot because the diamond  mining companies reneged on the promises they made before transferring  them from Chiadzwa to Arda Transau as a relocation measure in order to  make way for orderly mining of diamonds,\u201d Kurotwi says. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>\u201cThese villagers were also promised job opportunities at the mines but  only a few landed posts there. Crucial posts were taken up by foreigners  and people from other provinces,\u201d he points. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>The companies have not made good their commitment to finance the  Zimunya-Marange Community Share Ownership Trust and road networks in the  province have not been adequately service.  <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>Mines and Mining Development Minister Cde Walter Chidhakwa has since  seen the consolidation of mining operations through and has been  updating the nation on sales by the newly constituted Zimbabwe  Consolidated Diamond Company.\u00a0<\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>\u201cThere is no going back because the mines were a big let-down during  their stay in Chiadzwa. Their time is up and it is high time our people  benefit from the proceeds of their resources,\u201d Minister Chidhakwa said. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>\u201cAll the companies never declared a dividend to Government as a  shareholder. They always gave excuses of making losses, but how can  loss-making ventures continue operating, with some of them asking for  new concessions?\u201d the minister queried. <\/span><\/span> <span><span style=\"font-size: small\"><br \/>Kurotwi feels his frustated ambitions bitterly. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>His trial post-mortem has lot to say about how Government can create a  more enabling environment for citizens to maximise their prospects  without being entangled in red tape and political bungling.  <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>He alleges that the Zimbabwe Diamond Technology Centre was his original  conception but he failed to get it past political frustrations and  corrupt solicitations.  <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>He also relates a missed opportunity to create a vibrant city within the  vicinity of the diamond fields, an ideas which he says he tabled to  indifferent colleagues. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>\u201cHot Springs (situated near Chiadzwa diamond fields) still remains this  semi-arid, semi-desert lone spot with hot water shooting naturally from  the bowels of the earth as its only attraction,\u201d Kurotwi observes. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>\u201cYet we could have created a serious tourist hub at Hot Springs,  initially created out of the lure of Chiadzwa diamonds but with the  capacity to survive on its own long after the diamonds would be  exhausted,\u201d he says. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>The brief but dense book offers several insights whose adoption can  result in ordinary people benefitting substantially from the precious  stones. <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>However, there are passages that could be reflowed for clarity and  brevity, while arguments for and against policy can be parsed to reflect  balance rather than equivocation.  <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>The merits of the narrative are slightly clouded by the aggrieved  subplot against Minister Mpofu\u2019s alleged corruption which might have  been corroborated with varied references for credibility.  <\/span><\/span> <span><span style=\"font-size: small\"><\/span><\/span><br \/><span><span style=\"font-size: small\"><br \/>As to how the consolidation dispensation sits with him, Kurotwi is for  the values of newly brought about but urges policy consistency going  forward. <\/span><\/span><span><span style=\"font-size: small\"><br \/><\/span><\/span> <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Lovemore Kurotwi (The Herald) When the poor are crunched into by-products of their circumstances, as the rich evolve into monsters of their lust, money matters more than morality. This is the story of Chiadzwa diamond fields, a site of national promise and missed opportunities. Imperilled by financial opacity and institutionalised sabotage, smuggling and corruption, Zimbabwe\u2019s diamond industry has fared below capacity. For the past decade, Chiadzwa has been widely considered the mainstay of Zimbabwe\u2019s economic recovery but not much has come of it. The messianic halo of the eastern deposits has dimmed, with recent reports indicating that mining companies in the area may have prejudiced Government of $13 billion. While diamonds have added the sparkle to neighbouring economies, Botswana, South Africa and Namibia, Zimbabwe is yet to make the most of its reserves. Government recently moved to reclaim the promise of Chiadzwa with the inception of Zimbabwe Consolidated Diamond Company to replace erstwhile miners, an intervention that has brought about transparency and profitability, inspiring new optimism. Fair, fresh start and good riddance to Babylon! However, a post-mortem of the elapsed dispensation is still the cause of popular deliberation and stories are emerging about what went wrong with Chiadzwa. \u201cThe Rise and Fall of Chiadzwa\u201d by founding director of Canadile Mining is an inside story about how Chiadzwa lost it all and the way back. The book was recently launched in Harare\u00a0 few days after the courts cleared Kurotwi of fraud charges after a six-year legal battle. Kurotwi was arrested in 2010 for allegedly misrepresenting to then Mines and Mining Development Minister Dr Obert Mpofu that his company, Core Mining, was a special purpose vehicle of a South African company, BSGR, which would finance a joint venture with the ministry in Chiadzwa to the tune of $2 billion. He was acquitted earlier this month after the court determined that the ministry had not addressed conditions laid out by BSGR for participating in the joint venture, hence the latter\u2019s non-participation. Kurotwi revisits circumstances surrounding the court battle in the book, but the section can be put down to a highly personal subplot which does not lend itself for a third party to endorse or refute beyond what is established in the courts. Although the book tends to be an extended affidavit or legal post-mortem, sometimes to a fault, in this respect, it has far more to offer. There are interesting insights throughout the book, gleaned from Kurotwi\u2019s title role involvement at the dawn of Chiadzwa and worm\u2019s eye view after Canadile\u2019s mining concession was crossed out. \u201cThe Rise and Fall of Chiadzwa\u201d sets out 10 years ago with the rediscovery of alluvial diamonds in Chiadzwa, located in Midrange, in the eastern highlands of Zimbabwe. The story of \u201cmagweja,\u201d the daring protagonists of the 2006 gold rush is now legendary but Kurotwi revisits the ironies from the transition of the free-for-all panning and smuggling to the formalisation of Chiadzwa under Public Private Partnership Agreements. Kurotwi calls out the ironic contrast from the excitement and liquidity impetus occassioned by the illegal diamond panners to the frustration and lack of accountability which obtained after formalisation. \u201cOne would expect that with order and sanity finally brought in and proper mining taking place, we would have even greater hype and much higher liquidity this time properly felt in the country as a whole\u2026\u201d argues Kurotwi. \u201cBut that was not the case. As soon as there was orderly mining in Chiadzwa, finance minister after finance minister complained that there was no money coming out of Chiadzwa diamond mining into the country\u2019s treasury,\u201d he says. Kurotwi faults this on lack on creative accounting, lack of accountability and failure to beneficiate the stones.\u00a0Towards the end of their brief history, mining companies in Chiadzwa claimed that they were running out of alluvial diamonds and had no capacity to dig dipper, totally bad news considering the optimism that had been vested in the stones. The proposal by Government\u2019s mining arm, Zimbabwe Mining Development Corporation (ZMDC), to consolidate operations into a single entity for greater productivity, accountability, sustainability and profitability, in light of dwindling fortunes, met resistance from the companies. The companies\u2019 operations were apparently revolving around self-interest as it emerged that they had relapsed from their obligation to develop the host communities whom they had displaced from the rich deposits. \u201cFirstly, the resettled farmers are a bitter lot because the diamond mining companies reneged on the promises they made before transferring them from Chiadzwa to Arda Transau as a relocation measure in order to make way for orderly mining of diamonds,\u201d Kurotwi says. \u201cThese villagers were also promised job opportunities at the mines but only a few landed posts there. Crucial posts were taken up by foreigners and people from other provinces,\u201d he points. The companies have not made good their commitment to finance the Zimunya-Marange Community Share Ownership Trust and road networks in the province have not been adequately service. Mines and Mining Development Minister Cde Walter Chidhakwa has since seen the consolidation of mining operations through and has been updating the nation on sales by the newly constituted Zimbabwe Consolidated Diamond Company.\u00a0\u201cThere is no going back because the mines were a big let-down during their stay in Chiadzwa. Their time is up and it is high time our people benefit from the proceeds of their resources,\u201d Minister Chidhakwa said. \u201cAll the companies never declared a dividend to Government as a shareholder. They always gave excuses of making losses, but how can loss-making ventures continue operating, with some of them asking for new concessions?\u201d the minister queried. Kurotwi feels his frustated ambitions bitterly. His trial post-mortem has lot to say about how Government can create a more enabling environment for citizens to maximise their prospects without being entangled in red tape and political bungling. He alleges that the Zimbabwe Diamond Technology Centre was his original conception but he failed to get it past political frustrations and corrupt solicitations. He also relates a missed opportunity to create a vibrant city within<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,105],"tags":[],"class_list":["post-388","post","type-post","status-publish","format-standard","hentry","category-books","category-environment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Depth of Diamonds: Chiadzwa Insider\u2019s Confession | Blockspace<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blockspaceballads.com\/?p=388\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Depth of Diamonds: Chiadzwa Insider\u2019s Confession | Blockspace\" \/>\n<meta property=\"og:description\" content=\"Lovemore Kurotwi (The Herald) When the poor are crunched into by-products of their circumstances, as the rich evolve into monsters of their lust, money matters more than morality. This is the story of Chiadzwa diamond fields, a site of national promise and missed opportunities. Imperilled by financial opacity and institutionalised sabotage, smuggling and corruption, Zimbabwe\u2019s diamond industry has fared below capacity. For the past decade, Chiadzwa has been widely considered the mainstay of Zimbabwe\u2019s economic recovery but not much has come of it. The messianic halo of the eastern deposits has dimmed, with recent reports indicating that mining companies in the area may have prejudiced Government of $13 billion. While diamonds have added the sparkle to neighbouring economies, Botswana, South Africa and Namibia, Zimbabwe is yet to make the most of its reserves. Government recently moved to reclaim the promise of Chiadzwa with the inception of Zimbabwe Consolidated Diamond Company to replace erstwhile miners, an intervention that has brought about transparency and profitability, inspiring new optimism. Fair, fresh start and good riddance to Babylon! However, a post-mortem of the elapsed dispensation is still the cause of popular deliberation and stories are emerging about what went wrong with Chiadzwa. \u201cThe Rise and Fall of Chiadzwa\u201d by founding director of Canadile Mining is an inside story about how Chiadzwa lost it all and the way back. The book was recently launched in Harare\u00a0 few days after the courts cleared Kurotwi of fraud charges after a six-year legal battle. Kurotwi was arrested in 2010 for allegedly misrepresenting to then Mines and Mining Development Minister Dr Obert Mpofu that his company, Core Mining, was a special purpose vehicle of a South African company, BSGR, which would finance a joint venture with the ministry in Chiadzwa to the tune of $2 billion. He was acquitted earlier this month after the court determined that the ministry had not addressed conditions laid out by BSGR for participating in the joint venture, hence the latter\u2019s non-participation. Kurotwi revisits circumstances surrounding the court battle in the book, but the section can be put down to a highly personal subplot which does not lend itself for a third party to endorse or refute beyond what is established in the courts. Although the book tends to be an extended affidavit or legal post-mortem, sometimes to a fault, in this respect, it has far more to offer. There are interesting insights throughout the book, gleaned from Kurotwi\u2019s title role involvement at the dawn of Chiadzwa and worm\u2019s eye view after Canadile\u2019s mining concession was crossed out. \u201cThe Rise and Fall of Chiadzwa\u201d sets out 10 years ago with the rediscovery of alluvial diamonds in Chiadzwa, located in Midrange, in the eastern highlands of Zimbabwe. The story of \u201cmagweja,\u201d the daring protagonists of the 2006 gold rush is now legendary but Kurotwi revisits the ironies from the transition of the free-for-all panning and smuggling to the formalisation of Chiadzwa under Public Private Partnership Agreements. Kurotwi calls out the ironic contrast from the excitement and liquidity impetus occassioned by the illegal diamond panners to the frustration and lack of accountability which obtained after formalisation. \u201cOne would expect that with order and sanity finally brought in and proper mining taking place, we would have even greater hype and much higher liquidity this time properly felt in the country as a whole\u2026\u201d argues Kurotwi. \u201cBut that was not the case. As soon as there was orderly mining in Chiadzwa, finance minister after finance minister complained that there was no money coming out of Chiadzwa diamond mining into the country\u2019s treasury,\u201d he says. Kurotwi faults this on lack on creative accounting, lack of accountability and failure to beneficiate the stones.\u00a0Towards the end of their brief history, mining companies in Chiadzwa claimed that they were running out of alluvial diamonds and had no capacity to dig dipper, totally bad news considering the optimism that had been vested in the stones. The proposal by Government\u2019s mining arm, Zimbabwe Mining Development Corporation (ZMDC), to consolidate operations into a single entity for greater productivity, accountability, sustainability and profitability, in light of dwindling fortunes, met resistance from the companies. The companies\u2019 operations were apparently revolving around self-interest as it emerged that they had relapsed from their obligation to develop the host communities whom they had displaced from the rich deposits. \u201cFirstly, the resettled farmers are a bitter lot because the diamond mining companies reneged on the promises they made before transferring them from Chiadzwa to Arda Transau as a relocation measure in order to make way for orderly mining of diamonds,\u201d Kurotwi says. \u201cThese villagers were also promised job opportunities at the mines but only a few landed posts there. Crucial posts were taken up by foreigners and people from other provinces,\u201d he points. The companies have not made good their commitment to finance the Zimunya-Marange Community Share Ownership Trust and road networks in the province have not been adequately service. Mines and Mining Development Minister Cde Walter Chidhakwa has since seen the consolidation of mining operations through and has been updating the nation on sales by the newly constituted Zimbabwe Consolidated Diamond Company.\u00a0\u201cThere is no going back because the mines were a big let-down during their stay in Chiadzwa. Their time is up and it is high time our people benefit from the proceeds of their resources,\u201d Minister Chidhakwa said. \u201cAll the companies never declared a dividend to Government as a shareholder. They always gave excuses of making losses, but how can loss-making ventures continue operating, with some of them asking for new concessions?\u201d the minister queried. Kurotwi feels his frustated ambitions bitterly. His trial post-mortem has lot to say about how Government can create a more enabling environment for citizens to maximise their prospects without being entangled in red tape and political bungling. He alleges that the Zimbabwe Diamond Technology Centre was his original conception but he failed to get it past political frustrations and corrupt solicitations. He also relates a missed opportunity to create a vibrant city within\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blockspaceballads.com\/?p=388\" \/>\n<meta property=\"og:site_name\" content=\"Blockspace\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-16T17:34:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-24T16:12:28+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/nehandaradio.com\/wp-content\/uploads\/2016\/05\/Lovemore-Kurotwi-265x198.jpg\" \/>\n<meta name=\"author\" content=\"hardsouth\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"hardsouth\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" 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This is the story of Chiadzwa diamond fields, a site of national promise and missed opportunities. Imperilled by financial opacity and institutionalised sabotage, smuggling and corruption, Zimbabwe\u2019s diamond industry has fared below capacity. For the past decade, Chiadzwa has been widely considered the mainstay of Zimbabwe\u2019s economic recovery but not much has come of it. The messianic halo of the eastern deposits has dimmed, with recent reports indicating that mining companies in the area may have prejudiced Government of $13 billion. While diamonds have added the sparkle to neighbouring economies, Botswana, South Africa and Namibia, Zimbabwe is yet to make the most of its reserves. Government recently moved to reclaim the promise of Chiadzwa with the inception of Zimbabwe Consolidated Diamond Company to replace erstwhile miners, an intervention that has brought about transparency and profitability, inspiring new optimism. Fair, fresh start and good riddance to Babylon! However, a post-mortem of the elapsed dispensation is still the cause of popular deliberation and stories are emerging about what went wrong with Chiadzwa. \u201cThe Rise and Fall of Chiadzwa\u201d by founding director of Canadile Mining is an inside story about how Chiadzwa lost it all and the way back. The book was recently launched in Harare\u00a0 few days after the courts cleared Kurotwi of fraud charges after a six-year legal battle. Kurotwi was arrested in 2010 for allegedly misrepresenting to then Mines and Mining Development Minister Dr Obert Mpofu that his company, Core Mining, was a special purpose vehicle of a South African company, BSGR, which would finance a joint venture with the ministry in Chiadzwa to the tune of $2 billion. He was acquitted earlier this month after the court determined that the ministry had not addressed conditions laid out by BSGR for participating in the joint venture, hence the latter\u2019s non-participation. Kurotwi revisits circumstances surrounding the court battle in the book, but the section can be put down to a highly personal subplot which does not lend itself for a third party to endorse or refute beyond what is established in the courts. Although the book tends to be an extended affidavit or legal post-mortem, sometimes to a fault, in this respect, it has far more to offer. There are interesting insights throughout the book, gleaned from Kurotwi\u2019s title role involvement at the dawn of Chiadzwa and worm\u2019s eye view after Canadile\u2019s mining concession was crossed out. \u201cThe Rise and Fall of Chiadzwa\u201d sets out 10 years ago with the rediscovery of alluvial diamonds in Chiadzwa, located in Midrange, in the eastern highlands of Zimbabwe. The story of \u201cmagweja,\u201d the daring protagonists of the 2006 gold rush is now legendary but Kurotwi revisits the ironies from the transition of the free-for-all panning and smuggling to the formalisation of Chiadzwa under Public Private Partnership Agreements. Kurotwi calls out the ironic contrast from the excitement and liquidity impetus occassioned by the illegal diamond panners to the frustration and lack of accountability which obtained after formalisation. \u201cOne would expect that with order and sanity finally brought in and proper mining taking place, we would have even greater hype and much higher liquidity this time properly felt in the country as a whole\u2026\u201d argues Kurotwi. \u201cBut that was not the case. As soon as there was orderly mining in Chiadzwa, finance minister after finance minister complained that there was no money coming out of Chiadzwa diamond mining into the country\u2019s treasury,\u201d he says. Kurotwi faults this on lack on creative accounting, lack of accountability and failure to beneficiate the stones.\u00a0Towards the end of their brief history, mining companies in Chiadzwa claimed that they were running out of alluvial diamonds and had no capacity to dig dipper, totally bad news considering the optimism that had been vested in the stones. The proposal by Government\u2019s mining arm, Zimbabwe Mining Development Corporation (ZMDC), to consolidate operations into a single entity for greater productivity, accountability, sustainability and profitability, in light of dwindling fortunes, met resistance from the companies. The companies\u2019 operations were apparently revolving around self-interest as it emerged that they had relapsed from their obligation to develop the host communities whom they had displaced from the rich deposits. \u201cFirstly, the resettled farmers are a bitter lot because the diamond mining companies reneged on the promises they made before transferring them from Chiadzwa to Arda Transau as a relocation measure in order to make way for orderly mining of diamonds,\u201d Kurotwi says. \u201cThese villagers were also promised job opportunities at the mines but only a few landed posts there. Crucial posts were taken up by foreigners and people from other provinces,\u201d he points. The companies have not made good their commitment to finance the Zimunya-Marange Community Share Ownership Trust and road networks in the province have not been adequately service. Mines and Mining Development Minister Cde Walter Chidhakwa has since seen the consolidation of mining operations through and has been updating the nation on sales by the newly constituted Zimbabwe Consolidated Diamond Company.\u00a0\u201cThere is no going back because the mines were a big let-down during their stay in Chiadzwa. Their time is up and it is high time our people benefit from the proceeds of their resources,\u201d Minister Chidhakwa said. \u201cAll the companies never declared a dividend to Government as a shareholder. They always gave excuses of making losses, but how can loss-making ventures continue operating, with some of them asking for new concessions?\u201d the minister queried. Kurotwi feels his frustated ambitions bitterly. His trial post-mortem has lot to say about how Government can create a more enabling environment for citizens to maximise their prospects without being entangled in red tape and political bungling. He alleges that the Zimbabwe Diamond Technology Centre was his original conception but he failed to get it past political frustrations and corrupt solicitations. He also relates a missed opportunity to create a vibrant city within","og_url":"https:\/\/blockspaceballads.com\/?p=388","og_site_name":"Blockspace","article_published_time":"2016-06-16T17:34:00+00:00","article_modified_time":"2026-10-24T16:12:28+00:00","og_image":[{"url":"http:\/\/nehandaradio.com\/wp-content\/uploads\/2016\/05\/Lovemore-Kurotwi-265x198.jpg","type":"","width":"","height":""}],"author":"hardsouth","twitter_card":"summary_large_image","twitter_misc":{"Written by":"hardsouth","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blockspaceballads.com\/?p=388#article","isPartOf":{"@id":"https:\/\/blockspaceballads.com\/?p=388"},"author":{"name":"hardsouth","@id":"https:\/\/blockspaceballads.com\/#\/schema\/person\/a336a678f28eacb341ce63c6b84b17d0"},"headline":"Depth of Diamonds: Chiadzwa Insider\u2019s 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