And this is going to increase diamond income, isn’t it?

Zimbabwe’s President Robert Mugabe said on Thursday his government would take possession of all diamond operations because existing miners had robbed the country of its wealth.
Mugabe’s comments came a week after the ministry of mines ordered all mining companies to halt work and leave the Marange fields, saying they had not renewed their licences. At the time it denied it was seizing the mines.
“The state will now own all the diamonds in the country,” Mugabe said during a two-hour interview with state broadcaster ZBC TV.
“Companies that have been mining diamonds have robbed us of our wealth, that is why we have now said the state must have a monopoly,” Mugabe said.

It’s possible that it will increase Mugabe’s income of course but that’s not quite the same thing.

18 thoughts on “And this is going to increase diamond income, isn’t it?”

  1. When you consider what happened when Bobby nationalised the farms, a Zimbabwean diamond will rapidly attract a scarcity value.

  2. So the State will own all the diamonds in the country, which will then largely be left in the ground and do no good to anybody.

    Ho hum…

    But I bet the Grauniad will be crowing over this brave move shortly.

  3. Remember this is the man the African Union gave a standing ovation to, earlier this year, I suppose for his sterling example in plunder and antineocolonial posturing. It’s not just him but a broad coalition of thieves and locusts ensuring Africa stays poor.

  4. And the SJW of the world stand by as he continues to oppress his people and act as a role model for Zuma down south.

  5. Why is that evil old shitbag still alive?

    Of all the regimes that ever needed changing his is right up there at the top of the list. If ever a political pig deserved to die screaming under torture it is Mugabe. And I don’t approve of torture but if ever there was an exception that POS is he.

  6. So the State will own all the diamonds in the country, which will then largely be left in the ground and do no good to anybody.

    I think that would be the most hopeful scenario. What will in fact happen is that Mugabe and his cronies will plunder them for themselves, all under a concerted howl of criticism from the Western Left (I made that last bit up).

  7. @rob – they’ve got to get them out of the ground first though.

    Cue old-school unskilled manual labour and preventable deaths that generate howls of righteous outrage when it’s a private concern doing it but will pass unmentioned by the usual suspects.

  8. Ken: It is almost a shame that blood is not a high-price commodity. He has spilled enough of that to bring the hawks down on him several times over.

  9. So Much For Subtlety

    An African leader who is economically illiterate and financially destructive? You don’t say. You don’t say.

    It is almost as if, I don’t know, Ian Smith was on to something or summat. The people of Zimbabwe are going to die because the West did not have the guts to say that mass murdering Marxists like Mugabe were not a good choice and the Black electorate was not ready for democracy.

  10. @ SMFS
    Southern Rhodesia produced tobacco that was just as good as that from Virginia and much cheaper. So it wasn’t a lack of guts, it was a deliberate choice by the USA, led by a Southern Democrat, to destroy a major competitor.

  11. It’s not just him but a broad coalition of thieves and locusts ensuring Africa stays poor.

    Having lived in Africa I’m afraid I say “fuck ’em”. Don’t for one minute thinks that stunts like this don’t have mass popular appeal among African citizens.

  12. No Oil is why there is no regime change.

    Nah. The only regime change I can think of following the nationalization of oilfields was Iran in 1953 (and that was more a wrong-headed anti-communist action). Every other Middle Eastern country did it with impunity. So did Mexico and Venezuela. Saddam only got booted out, insofar as oil was a factor, because he had his eyes on other people’s.

  13. So Much For Subtlety

    Tim Newman – “Having lived in Africa I’m afraid I say “fuck ’em”. Don’t for one minute thinks that stunts like this don’t have mass popular appeal among African citizens.”

    Africa’s population will top out at 4 billion according to the UN. Which is to say, 1 billion in Africa and 3 billion in Europe. Say hello to our New New Labour rulers – and Ironman will accuse you of racism if you object.

    Tim Newman – “The only regime change I can think of following the nationalization of oilfields was Iran in 1953 (and that was more a wrong-headed anti-communist action).”

    That was just the CIA claiming credit for a coup that would have happened anyway and which they played no actual role in at all.

    It is just an excuse for the Left and the Middle East to blame everything on someone else rather than themselves.

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