Zimbabwe's president kicks out private diamond miners, nationalizes industry

[ClosedCaption]

Diamonds a such a joke, but there are going to be some unhappy capitalists no longer able to exploit the natural resources of others.

Yes, the people of Zimbabwe will be exploited by their fellow countrymen exclusively now.

that crossed my mind, too.. Is there a solution?

Yes. Tell Africa "tough shit. You wanted independence, got it decades ago. This is on you." and stop sending them aid packages.

Can we do the same for Israel?

African problems are from within. You're another anti-Semite.

Aww, you failed at consistency.

 

[WildBillKelsoe]

I'm sure this will work out as well for them as Venezuela's nationalization of their oil industry.

Zimbabwe used to be referred to as the "Breadbasket of Southern Africa." Then Mugabe took over.....

Rhodesia was known as the bread basket of Southern Africa. Zimbabwe has never been known as anything but just another communist shit hole.

Zimbabwe is Rhodesia

It was Rhodesia. Now It's Zimbabwe. The only thing they have in common is geographical location.

 

[CrusaderFrank]

That's the last time you'll see a diamond coming from Zimbabwe

 

[RoshawnMarkwees]

Yes, the people of Zimbabwe will be exploited by their fellow countrymen exclusively now.

that crossed my mind, too.. Is there a solution?

Yes. Tell Africa "tough shit. You wanted independence, got it decades ago. This is on you." and stop sending them aid packages.

Can we do the same for Israel?

African problems are from within. You're another anti-Semite.

Aww, you failed at consistency.

Perfectly consistent. Just beyond your comprehension obviously.

 

[martybegan]

Zimbabwe's president kicks out private diamond miners, nationalizes industry

HARARE, Zimbabwe, Feb. 22 (UPI) -- Zimbabwe President Robert Mugabe on Monday ordered the expulsion of eight foreign diamond mining companies and turned over all mining operations to the newly formed, government-run Zimbabwe Consolidated Diamond Co.

Several companies abandoned their equipment, including: Anjin Investments Ltd., the Diamond Mining Co., Jinan Mining Ltd., Kusena Diamonds, Marange Resources Ltd. and Mbada Diamonds. These organizations were invited to nationalize their assets but they chose to stay as private entities and give up whatever little political capital was built up.

"Since they no longer hold any mining titles, these companies were notified this morning to cease all mining with immediate effect," Zimbabwe Mines Minister Walter Chidakwa said.

Zimbabwe ranked ninth in total diamond output in the world with 4.7 million carats in 2014, according to the fourth annual report on the global diamond industry prepared by the Antwerp World Diamond Centre and Bain & Co. Last year, Zimbabwe's production fell by 1.6 million carats and the government received $23 million in royalties and other fees from diamond mines, down from $84 million in 2014.

Diamonds a such a joke, but there are going to be some unhappy capitalists no longer able to exploit the natural resources of others.

Yes, the people of Zimbabwe will be exploited by their fellow countrymen exclusively now.

that crossed my mind, too.. Is there a solution?

The solution is a movement in Zimbabwe to get rid of those in power, and an eventual transformation to a more democratic form of government. Sadly, I don't think the general population is capable of that at this point.

 

[ClosedCaption]

that crossed my mind, too.. Is there a solution?

Yes. Tell Africa "tough shit. You wanted independence, got it decades ago. This is on you." and stop sending them aid packages.

Can we do the same for Israel?

African problems are from within. You're another anti-Semite.

Aww, you failed at consistency.

Perfectly consistent. Just beyond your comprehension obviously.

Yes, different rules for different people is totally consistent. Maybe you if add "totally" in front of the word again it will change

 

[FJO]

It will always be easier to blame the Europeans for their problems and they always will. European colonization will always be the scapegoat for anything that goes bad in Africa, even when the fault is squarely on the heads of the Africans.

A century from now Africa will still be a shithole and they'll still be blaming Europe for their problems.

Kind of like the slavery issue in America.

On second thought, EXACTLY like the slavery issue in America.

 

[FJO]

I'm sure this will work out as well for them as Venezuela's nationalization of their oil industry.

Zimbabwe used to be referred to as the "Breadbasket of Southern Africa." Then Mugabe took over.....

Rhodesia was known as the bread basket of Southern Africa. Zimbabwe has never been known as anything but just another communist shit hole.

Zimbabwe is Rhodesia

Zimbabwe is the devastated, torn, decimated, ruined and poor remnants of a once wealthy and industrious nation.

 

[JimBowie1958]

Zimbabwe's president kicks out private diamond miners, nationalizes industry

HARARE, Zimbabwe, Feb. 22 (UPI) -- Zimbabwe President Robert Mugabe on Monday ordered the expulsion of eight foreign diamond mining companies and turned over all mining operations to the newly formed, government-run Zimbabwe Consolidated Diamond Co.

Several companies abandoned their equipment, including: Anjin Investments Ltd., the Diamond Mining Co., Jinan Mining Ltd., Kusena Diamonds, Marange Resources Ltd. and Mbada Diamonds. These organizations were invited to nationalize their assets but they chose to stay as private entities and give up whatever little political capital was built up.

"Since they no longer hold any mining titles, these companies were notified this morning to cease all mining with immediate effect," Zimbabwe Mines Minister Walter Chidakwa said.

Zimbabwe ranked ninth in total diamond output in the world with 4.7 million carats in 2014, according to the fourth annual report on the global diamond industry prepared by the Antwerp World Diamond Centre and Bain & Co. Last year, Zimbabwe's production fell by 1.6 million carats and the government received $23 million in royalties and other fees from diamond mines, down from $84 million in 2014.

When Marxists promises drive down all the normal tax revenue to nearly zero, the lst phase before thir machinations collapse is to canibalize what little effective production remains.

Welcome to America year 2030 if we dont put down Marxism like the rabid dog it is.

 

[JimBowie1958]

Color me a daffy liberal but I just feel Bernie Mugabe & Thugs taking over the country's diamond industry is gonna work out just swell for the good people of Zimbabwe.

How about we just color you as inaccurate?

Sanders is not a Marxist, but is a democratic socialist which is very different.