Zimbabwe Govt Squandered Diamond Revenues
![Zimbabwe Govt Squandered Diamond Revenues Zimbabwe Govt Squandered Diamond Revenues](https://i1.wp.com/www.africametro.com/wp-content/uploads/2017/03/Diamonds-of-sierra-Leone.jpg?resize=160%2C106)
DESPITE complaints from government which make it appear as though Treasury did not receive meaningful remittances from diamond mining companies, it has emerged the fiscus got US$472 million from Mbada Diamonds in royalties, dividends and other taxes between 2010 and 2015. However, the money was largely diverted to fund salaries and recurrent expenditure at the […]