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Diamond output surges 16pct

written by Almot Maqolo, Staff Writer 0 comments
The government remains confident on achieving its ambitious 2025 target of 10 million carats, contingent on securing additional capital for the Zimbabwe Consolidated Diamond Company (ZCDC), which plays a central role in the sector.
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ZIMBABWE’S diamond production rose by 16 percent in the fourth quarter of 2024, reaching 1,42 million carats compared to 1,22 million carats in the same period last year, according to latest figures.The quarterly output also marked a 26 percent increase from the 1,12 million carats recorded in the third quarter of 2024.The Reserve Bank of…

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