Zimbabwe Consolidated Diamond Company (ZCDC) was established in 2015 under the Companies Act of Zimbabwe after the Government consolidated all the diamond mining concessions in Chiadzwa. ZCDC is in the business of exploring, mining, processing, and selling diamonds across the world. It is headquartered in Harare and has mining operations in Manicaland’s Chimanimani and Chiadzwa areas. ZCDC envisions being a world-class diamond producer, and follows transparency, integrity, innovation, teamwork, zero harm, care, and operational excellence. In all that ZCDC does, these values inspire and guide its decisions and actions.
THE COMPANY’S STRATEGIC DRIVERS
As it moves towards its vision of being a world-class diamond producer, ZCDC contributes significantly towards the Government of Zimbabwe’s target of building “A Sustainable 12 Billion US Dollar Mining Industry by 2023,” wherein the diamond industry’s contribution to Zimbabwe’s economy is pegged at $1 billion. ZCDC identifies eight key strategic pillars, namely, supply chain management, finance, and asset management, operational excellence, protection and surveillance, marketing and sales, public relations and community development, safety-health-environment-quality-risk, and human capital management and development, as the main drivers for achieving the 2023 target of the sector.
ZCDC’s focus is on five main objectives to ensure high-quality performance. These are revenue improvement and acceleration through process optimization to eliminate damage to diamonds, cost containment and sustained management by eliminating inefficiencies and waste across the value chain, building organizational capability/capacity through state-of-art technology in the diamond mining business and recruiting the best minds, stakeholder engagement and improving the quality of lives of people by implementing the IRMA standard and sustainable community development initiatives, and ensuring organizational sustainability by carrying out resource-extension programs to ensure the diamonds of tomorrow and life beyond diamond mining. For example, ZCDC plans to regenerate 20 hectares of mined-out areas by planting 6,000 native trees to ensure that life after mining is restored.
EFFICIENT MANAGEMENT SYSTEM
ZCDC establishes and maintains an effective Integrated Management System that exceeds the requirements of ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. In addition, it provides quality products that meet customer satisfaction through adopting TQMS.
The organisation conducts open communication with its employees, suppliers, contractors, other business partners, and interested third parties to ensure a business culture that provides Zero harm vision. The Zero Harm vision encompasses Zero Injuries, Zero Occupational Illnesses, Zero Environmental Contamination and Degradation, and Zero Property Damage.
THE CSR HEROES
Corporate social responsibility is one of the main strategic pillars of ZCDC. The company believes in a perfect balance between national, corporate stakeholders, and community interests in business, and is committed to working for the environment, human health, safety, and welfare of its employees, stakeholders, and the community.
ZCDC has rehabilitated roads, rolled out sponsorship programs for underprivileged local students to assist them with school fees and related educational assistance, and provided a solar system for the clinic and drugs to help the local community with free healthcare services. A few more of its CSR projects that are in pipeline are livestock, farming, beekeeping, water pipeline, greenbelt irrigation, skill development, and vocational training.
