Zimbabwe: Expert Warns Zim Against Contracting 'Ghostly' Diamond Mining Firms

A regional expert on mineral resources has warned Zimbabwean authorities against extending contracts to "ghostly" companies within the lucrative diamond mining industry.

Speaking to NewZimbabwe.com Business Wednesday Southern Africa Resources Watch executive director, Claude Kabemba said this promoted opaque dealings which further increased the risk of tax evasions and illicit financial flows, impoverishing the nation in the long term.

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