ZIMBABWE PRECIOUS STONES TRADE ACT
With reference to the Zimbabwe Precious Stones Trade (PST) Act Chapter 21:06, “precious stones” are rough or uncut diamonds and emeralds. Local dealers have to be licensed by the Ministry of Mines and Mining Development ZImbabwe through the issuance of Precious Stones Licences, to trade in precious stones as defined by the PST Act.
In this Act “deal”, in relation to precious stones, means buy, sell, barter, pledge, exchange, give or receive, or offer or
expose for sale, barter, pledge or exchange, or have any other dealing or transaction whatsoever.