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*RBZ takes over production of diamonds in a bid to promote transparency* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?wa The Zimbabwe Consolidated Diamond Company (ZCDC) is now compelled to remit to the Reserve Bank of Zimbabwe (RBZ) in a bid to promote transparency. Making the announcement to delegates at the Chamber of Mines conference in Victoria Falls last week, Finance Minister Patrick Chinamasa said: ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- > We have capitalised ZCDC to the tune of $80 million and we are getting weekly reports of production and it has new management. We have also agreed on a new arrangement, we have told them, ZCDC, that since we are now capitalising you, the diamonds are ours. So the new arrangement is that every output of diamond will come to the fiscus through the Reserve Bank and this will ensure that we get maximum benefit from the proceeds of the diamonds. More: Daily News itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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