diamonds

Single mother Lihle Magudulela spat out a mouthful of dirt as she sucked on a rock dug up from a hillside in South Africa's province of KwaZulu-Natal, convinced she might have found a diamond. Thousands have flocked to the outskirts of the village of KwaHlathi, more than 300 kilometers (186 miles) southeast of Johannesburg, after a cattle rider dug a handful of unidentified crystal-like stones last week. The news of the discovery spread quickly and triggered a rush to the site despite notices of caution from the…

Luanda should privatize its flagship economy by the end of 2021. This week, Finance Minister Vera Daves Da Souza announced. The national oil company Sonangol and the diamond company Endiama will be restructured to attract investors. Although in a deep economic crisis, Angola needs new money to revive its economic machine, but these privatizations are also part of a comprehensive program of state…