Zim 'looks east' for diamond sales | Fin24
 
  • Covid-19 Money Hub

    The hub will help answer your business and money questions during the coronavirus crisis.

  • The R450bn Question

    The Covid-19 crisis has delayed finding a solution for Eskom's debt, says Pravin Gordhan.

  • Public Investment Corp.

    The asset manager's new head Abel Sithole faces a long to-do list from workers and business.

Loading...

Zim 'looks east' for diamond sales

Aug 16 2010 22:42

RapNet founder Martin Rapaport said that although the global diamond watchdog called the Kimberley Process (KP) had authorised Zimbabwe last week to sell nearly 900 000 carats of Marange diamonds, RapNet still viewed the gems as tainted.

'Not surprised'

"In any case, these countries do not constitute the entire market of diamonds.

Not in the clear

The KP was set up to clamp down on trade in "blood diamonds" - diamonds used to fund conflicts.

"We strongly urge members to contact their suppliers and obtain written assurances that they are not being supplied Marange diamonds," Rapaport cautioned.

zimbabwe  |  southern africa  |  blood diamonds
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

Voting Booth

How has Covid-19 impacted your financial position?

Previous results · Suggest a vote

Loading...