Topic: "Where are our diamonds going?" | |
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Sunday, 15 December 2013
"Where are our diamonds going?" asked Mugabe. What a foolish question and what a fool to ask it! "Find money Chinamasa," Mugabe said to loud applause from thousands of supporters attending the Zanu PF Congress in Chinhoyi. "You can't say there is no money. Where is our platinum going? Where is our gold going? Where are our diamonds going? What a foolish question to ask and what a fool to be asking it! You and your cronies are the ones looting the nation's wealth and you pretend not to know. The late Solomon Mujuru's fortune was valued at $ 9 billion and his wife has $ 4 billion. These two alone can pay off the national debt of $12 billion. You, Mugabe and your wife have 13 farms valued at tens of billions of dollars to say nothing of the cash and other goodies you have in foreign bank accounts, in the country and foreign lands. Your relative Philip Chiyangwa has a fleet of posh cars and fortune valued at $270 million. People like David Beckham , Bill Gates, Henry Ford are rich and everyone can see how they made their fortune. People bought trillion football shirt every season just to have Beckham's name on it. At one point there was a million Microsoft Computer being sold everyday across the world. Henry Ford made his fortune designing and manufacturing cars. What has Chiyangwa, Mujuru or you yourself Mugabe ever made? You are all filthy rich from looting, you have produced nothing. The only way Zimbabwe is ever going to get out of the economic and political mess Mugabe and Zanu PF have landed the country in is by restoring the rule of law. And the only way to restore the rule of law is by restoring the people's basic and fundamental right to hold those in power accountable to them, the people. The right to elect new leaders if those in power have failed the people is at the very heart of that democratic right to a meaningful vote. Mugabe has just rigged the July 2013 elections and thus robbing the nation the key to ending this mess and now he is asking Chinamasa to find the money to sort out the mess. Where will Chinamasa find the money. Zimbabwe is subject to the same laws of physics as the rest of the world. Gravitational force in Zimbabwe is 10m/s2 same as anywhere else on earth. Similarly Zimbabwe is subject to the same basic laws of economics; prosperity is born out of production. Yes Zimbabwe has produced a filthy rich few from corruption and looting but at the price of throwing millions into abject poverty. Corruption and looting does not create any new wealth but seeks to give the wealth that is there already to a new owner and more often than not by destroys the existing to build the new. One can never build a bigger house from salvaged bricks from an old house because many bricks will be damaged and destroyed in demolishing the old. Unemployment in Zimbabwe is already seating at 85% plus seizing existing firms and giving them to blacks is not going to reduce the unemployment; that is the kind of voodoo economics that landed us in this mess. Apartheid was bad but at least the people had food to eat. The US and the Europe are feeding them now. While Mugabe and his thieves loot the country. |
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![]() Mugabe's 5 million dollar Mercedes and were sending him aid. ![]() |
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Mugabe ‘Plundered Diamond Fields’
A leading diamond trade watchdog says £1.25 billion in diamonds has been stolen from Zimbabwe’s eastern diamond fields by president Robert Mugabe’s ruling circle and international gem dealers. Partnership Africa Canada – a member of the Kimberley Process, the world regulatory body on the diamond trade – said alleges Zimbabwe’s gems have been plundered by the Mugabe regime. Its report said vast earnings from Zimbabwe’s eastern Marange fields – one of the world’s biggest diamond deposits – have not reached the state treasury. The PAC report, released to coincide with the Zimbabwe government’s conference on the diamond trade, cast a shadow over the Mugabe regime’s effort to win international respectability for its gem trade. In 2010 leading industry insiders, including Filip van Loere, a Belgian diamond expert working for the Mugabe government, forecast the country could produce as much as 30 million to 40 million carats a year, worth about £1.25 billion annually, the PAC report said. The diamonds are being mined and sold but the funds are not reaching the Zimbabwean treasury. The PAC's allegations are "totally false," said the chairman of one of the state-run diamond mining companies in Marange. Goodwills Masimirembwa, chief of Zimbabwe Mining Development Company, said it was the first time he heard charges of diamonds disappearing. |
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