Cabinet Decision Matrix 2019-25

  1. The Joint Venture between the Zimbabwe Consolidated Diamond Company (ZCDC) and Alrosa Overseas S.A. of Russia

Cabinet considered and approved the Memorandum of Agreement between ZCDC and Alrosa Overseas S.A. of Russia as submitted by the Minister of Finance and Economic Development. The Agreement will establish a mutually beneficial joint venture partnership for diamond exploration, mining and marketing, both in Greenfield and Brownfield projects. Benefits to be derived from the partnership will include the following:

 

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