December 10, 2006

Zimbabwe hits bottom, starts digging

This is unreal. Not only has Robert Mugabe turned the "breadbasket of Africa" into a financial and political ruin, he is now fucking over the only source of hard currency that Zimbabwe has. From The Telegraph:
Mugabe joins massive diamond rush
A British-listed mining company, the first to invest in bankrupt Zimbabwe since the political crisis began, was ordered off its valuable diamond claim yesterday.

While President Robert Mugabe has seized thousands of white-owned farms since 2000 he has, up until now, left mining property alone.

The claim, an extraordinary chunk of ancient tribal land in south eastern Zimbabwe, may be one of the richest diamond fields found in recent years.

And the Zimbabwe government wants it.

African Consolidated Resources plc, with about 1,000 claims in Zimbabwe, listed in London in June and says it was granted title by the Ministry of Mines.

The order to leave the dry, poverty-stricken Marange district, about 200 miles south east of Harare, comes after months of drama.
Just great -- they are actually able to find one company to come in and invest in Mugabe's workers paradise and as soon as it looks like they actually might start to make some money, they get booted out. That is going to make the search for another investor really really interesting... Idiot. And this is insulting a lot of wonderful idiots. And just where are all the protests from the Human Rights people? ... ... crickets ... ... Posted by DaveH at December 10, 2006 8:24 PM
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