The updated equipment will have production capacity of up to 700 stones per day.
The new diamond center incorporates miners, diamond dealers, cutters and polishers, jewellers, financial institutions and government regulatory authorities. This centralises the diamond industry and can address accountability, security and transparency in the Zimbabwean diamond industry.
Zimbabwe has realised, the country is not getting value for its rough diamonds, and production of the rough will add value to the diamonds and country.
When the rough diamonds are sold to factories in Zimbabwe, mining companies will benefit from added liquidity, as well as the fully processed diamonds will remain in the country for sale.
Zimbabwe is showing itself to be more forward thinking and proactive.