Zimbabwe: Zimplats Honours U.S.$10 Million Pledge

14 April 2014

ZIMPLATS says it has fully paid up the US$10 million it pledged to the Mhondoro-Ngezi-Chegutu-Zvimba Community Share Ownership Trust after releasing the last tranche of US$1,5 million recently.

This comes at a time some diamond mining firms in Marange, among them Anjin Investment, Mbada Diamonds, Marange Resources, Diamond Mining Company and Jinan, have not honoured pledges made to the Marange-Zimunya Community Share Ownership Trust with some saying they never pledged to pay US$10 million apiece.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.