Dubai Diamond Exchange Appoints Zimbabwe Official as Director

Prince Mupazviriho, Permanent Secretary of the Ministry of Mines and Mining Development of Zimbabwe, has been appointed by the Dubai Diamond Exchange (DDE) to its board of directors.

Ahmed bin Sulayem, Executive Chairman, DMCC said: "The Dubai Diamond Exchange has gained global recognition and is currently ranked among the world's top three market places for rough diamonds. With prominent industry executives on the Board of Directors, we are confident of enhancing Dubai's strength as an attractive diamond trading hub.

"We are well positioned to cater for those producing countries in Africa to trade through to the consuming countries in Asia along what we call the New Silk Route. We look forward to having Prince Mupazviriho join our board and bring his experience and depth of knowledge to our exchange.”

Prince Mupazviriho has held a range of postions in the public sector over the past two decades.

Prince Mupazviriho said: “The DDE is the first diamond exchange to formally recognize the importance of the African producers and I look forward to bringing a unique perspective in order to strengthen the global diamond trade.”