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Shift in community share schemes

Staff Writer

THE launch of the Zimunya Community Share Ownership Scheme by President Robert Mugabe in Marange last week points to a shift in the application of indigenisation and economic empowerment regulations.
The share scheme gave actual mining rights to communities around the Marange diamond fields covering about 6 800 hectares.

Each of the five mining companies operating at the fields pledged to contribute US$10 million towards the community scheme, but only handed over US$1,5 million to allow the communities to immediately start mining alluvial diamonds. Indigenisation minister Saviour Kasukuwere said they are now pushing for direct participation of communities.

“We need to stop the robbing of resources by giving the community benefits that are accruing to them,” he said. Kasukuwere added a new community trust was in the offing in Matabeleland North and a stakeholders meeting would be held in Lupane today.

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