Finance Minister Tendai Biti has slammed the ongoing failure
by mining firms to remit the government's share of diamond profits to the
Treasury, which he said is the leading cause of Zimbabwe's current economic
woes. Speaking at a press conference in Harare on Monday, Biti said that so far
only a fraction of the expected diamond remittances for 2013 have been funelled
into the State coffers.
He explained that there was no money remitted from the
diamond sector in January or February, and only about $5 million dollars was
remitted in March, despite profits of over $100 million being realised.
Original article: http://allafrica.com/stories/201304160132.html
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