An Investigation into the Efficacy of Diamond Beneficiation as a Fiscal Resource Mobilisation Strategy: The Case of Zimbabwe
Ngonidzashe C. Nzenzema, Tawanda Zinyama, Alfred G. Nhema
Abstract
The diamond beneficiation process is a highly contested area in the world. While some developed countries have
managed to convert their natural resource riches into profitable financial gains, African countries including
Zimbabwe have continued to face numerous challenges in attaining the same benefits. In Zimbabwe, these
challenges are especially evident as the country lacks the appropriate skills, technology and infrastructure to
embark on the diamond beneficiation process. This is despite the country being richly endowed with all manner of
valuable mineral resources. The very high value and worth of diamonds makes them a suitable candidate for
enhancing fiscal resource mobilization in Zimbabwe. This study examines the efficacy of diamond beneficiation
on resource mobilization for Zimbabwe. The study explores the concept of beneficiation and analyzes how the
beneficiation process can be utilized to help expand the country’s fiscal space.
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