Zimbabwe's Black Empowerment Minister, Saviour Kasukuwere, announced today it has taken majority ownership of foreign-owned mining firms, which had not already given a controlling stake to black Zimbabweans.
Could Sierra Leone, the African nation whose decade-long civil war funded by booty from diamond mines bore the term "blood diamonds," be going legit. when it comes to the mining of diamonds?
The relocation of the mining giant's sales and marketing arm's headquarters to the Botswana capital could lead to around $6 billion flowing though the country’s banking system, compared to the $2 billion or so the country earns from rough sales at the moment.