Monday 26 May 2014

Zim finally gets Dubai diamond cash

Zim finally gets Dubai diamond cash:



"ZIMBABWE has finally received full payment for diamond auctions conducted in Dubai in March and is lining up more sales in the emirate, Mines Minister Walter Chidhakwa said last Friday.



However the government is looking for alternative brokers after those who facilitated the UAE trades reportedly held onto payments.



Earlier this month, Finance Minister Patrick Chinamasa told state media that the Dubai Diamond Exchange “had failed the test” following its inability to timeously remit payment of proceeds from the March auctions."



'via Blog this'

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