NewZimbabwe.com·3 min read·medium

State diamond miner wins temporary reprieve as Constitutional Court halts execution of nearly US$18 million debt

M
Mary Taruvinga
State diamond miner wins temporary reprieve as Constitutional Court halts execution of nearly US$18 million debt
AI Summary

Zimbabwe's Constitutional Court has granted the state-owned Zimbabwe Consolidated Diamond Company (ZCDC) a temporary stay of execution regarding an $18 million debt judgment. The court aims to preserve the status quo while it reviews a constitutional challenge that could impact the company's operations and workforce.

THE Constitutional Court has granted the Zimbabwe Consolidated Diamond Company (ZCDC) temporary relief by stopping the execution of a judgment worth close to US$18 million, pending the determination of its constitutional challenge against earlier court rulings in its long-running dispute with Adlecraft Investments.

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