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EN
The Diamond Paradox: Rich beneath the soil, poor above it
['The South African']
The South African
The diamond he pulls out tonight might end up in Antwerp, then a jeweler’s window in Manhattan, and nobody along the way will ask too many questions.
South Africa has a modern constitution, an independent judiciary, and a free press.
De Beers reported a $288 million net loss in 2024 as rough diamond sales plunged roughly 44%.
Angola, the DRC, South Africa, and Botswana all sit on some of the most extraordinary mineral wealth on earth.
In South Africa, the men underground didn’t have anyone to ask.