'Zim sells diamonds at give-away price'

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Agencies: Victoria Falls (Zimbabwe), Nov 12 2012, 19:40 IST
Zimbabwe diamonds.jpg
accusations to present the proof.

Finance Minister Tendai Biti, a member of the anti-Mugabe Movement for Democratic Change (MDC) party, complained in July that of the USD 600 million diamond revenue expected this year, only USD 46 million had materialised.

The two day conference seeks to "manage perception of the Zimbabwean diamond industry and lure more investors to the diamond industry," according to the mines ministry.

Among notable speakers are Kimberley Process chair, Gillian Milovanovic, an American diplomat, former South African President Thabo Mbeki and representatives from African Diamond Producers.

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