WE WANT CHANGE: Michael Amushelelo (right) handed over a petition to the executive director of parliament, Lydia Kandetu. PHOTO: JEMIMA BEUKES
WE WANT CHANGE: Michael Amushelelo (right) handed over a petition to the executive director of parliament, Lydia Kandetu. PHOTO: JEMIMA BEUKES

Abolish presidential immunity – Amushelelo

BoN ‘captured by white monopoly capital’
On behalf of unemployed and impoverished Namibians, Michael Amushelelo has handed over petitions to Parliament and the Bank of Namibia.
Jemima Beukes
Economic activist Michael Amushelelo, on behalf of unemployed and impoverished Namibians under the banner of the Black People Economic Emancipation Association, has petitioned government to reform the current legislative system that has left ordinary Namibians out in the cold while only the political elite benefit from its resources.

According to him, their demands are genuine and should be acceded to with immediate effect, as they will no longer stand by and watch while their wealth is controlled, enjoyed and held by a few white monopoly capitalists.

“We demand the abolishment of Article 31 which speaks on the immunity of the president from civil and criminal proceedings. If presidents steal, loot or mismanage public funds they should be punished just like any other ordinary citizens.

“We will and should not allow ‘Animal Farm’ tendencies where some animals feel they are more important than others.”

Amushelelo and Dimbulukeni Nauyoma yesterday led a group of youths to Windhoek’s Zoo Park where they handed over a petition to the executive director of parliament, Lydia Kandetu, saying Namibians are tired of begging.

‘Sold us out’

“We are here today to unmask the lie that has been told to our people for the past 32 years. The truth is that our freedom fighters sold us out for their own selfish gains. That is why today it is only the political elite and well-connected who are enjoying our country’s wealth.

“They get all the lucrative government tenders. They get all the fishing quotas. They get all the ministerial positions.

“They get all the key positions in state-owned enterprises. They get all the mining exploration licences. They get all the farms,” Amushelelo said.

According to him, there is an urgent need for economic emancipation for those oppressed, excluded, exploited and subjugated by colonial and apartheid white supremacy.

Mineral resources

The group also demanded the beneficiation and processing of all the natural mineral resources for the establishment of new industries and employment creation opportunities for Namibians, stressing that beneficiation should happen in the communities where the minerals are found.

“We demand the immediate amendment of Article 16 of the Namibian Constitution to make provision for the expropriation of property without compensation, particularly land, for equitable redistribution in the interest of the Namibian people.

“We demand that all productive land must be nationalised to grow our food production sector; in order to ensure that as a nation we become self-sufficient in food production so that no Namibian dies from hunger while we have productive land.”

Nationalise the banks

They also handed over a petition at the Bank of Namibia (BoN), where they said banks operating in Namibia are actively involved in facilitating the systematic drain of profits from the country to other parts of the western world, including South Africa.

According to Amushelelo, it is clear that the central bank has been captured by white monopoly capital, and that’s why “they allow the plunder our economy by these banks to drain profits out of our country”.

“We know very well that the black CEOs has no power and is merely there to sell the lie and make it seem like blacks are in charge while the truth is that they are just puppets performing for their white masters.”

The group further demanded urgent development and implementation of corporate social investment plans, which will bring about real value and benefit to communities, as well as a comprehensive financial report for over 100+ foreign loans accumulated in the last eight years.

They also want a report on the N$8.1 billion borrowed for Covid-19 and the terms and conditions of that particular loan.

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Namibian Sun 2024-11-07

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Premier League: Fulham 2 vs 1 Brentford Katima Mulilo: 22° | 36° Rundu: 20° | 31° Eenhana: 21° | 31° Oshakati: 21° | 31° Ruacana: 20° | 31° Tsumeb: 19° | 26° Otjiwarongo: 18° | 23° Omaruru: 20° | 32° Windhoek: 17° | 29° Gobabis: 19° | 28° Henties Bay: 16° | 22° Wind speed: 19km/h, Wind direction: SW, Low tide: 12:28, High tide: 06:39, Low Tide: 00:56, High tide: 18:52 Swakopmund: 15° | 18° Wind speed: 19km/h, Wind direction: W, Low tide: 12:26, High tide: 06:37, Low Tide: 00:54, High tide: 18:50 Walvis Bay: 15° | 24° Wind speed: 23km/h, Wind direction: W, Low tide: 12:26, High tide: 06:36, Low Tide: 00:54, High tide: 18:49 Rehoboth: 20° | 30° Mariental: 22° | 35° Keetmanshoop: 24° | 36° Aranos: 20° | 34° Lüderitz: 14° | 24° Ariamsvlei: 22° | 36° Oranjemund: 15° | 24° Luanda: 25° | 27° Gaborone: 19° | 27° Lubumbashi: 17° | 33° Mbabane: 13° | 24° Maseru: 12° | 25° Antananarivo: 14° | 30° Lilongwe: 22° | 29° Maputo: 19° | 26° Windhoek: 17° | 29° Cape Town: 17° | 22° Durban: 16° | 23° Johannesburg: 15° | 26° Dar es Salaam: 26° | 31° Lusaka: 20° | 31° Harare: 17° | 30° Currency: GBP to NAD 22.44 | EUR to NAD 18.73 | CNY to NAD 2.43 | USD to NAD 17.41 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.26 | EGP to NAD 0.34 | KES to NAD 0.13 | NGN to NAD 0.01 | ZMW to NAD 0.64 | ZWL to NAD 0.04 | BRL to NAD 3.07 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 132.99 | USD to AOA 909.05 | USD to BWP 13.4 | USD to EGP 49.23 | USD to KES 129.2 | USD to NGN 1668.91 | USD to ZAR 17.41 | USD to ZMW 26.9 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1858.03 Down -1.09% | Casablanca Stock Exchange (CSE) MASI 14296.93 Down -0.02% | Egyptian Exchange (EGX) 30 Index 31045.26 Up +0.82% | Botswana Stock Exchange (BSE) DCI 9878.53 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 666.34/OZ UP +0.08% | Copper US$ 4.34/lb UP +2.63% | Zinc US$ 3 072.00/T UP 3.09% | Brent Crude Oil US$ 74.83/BBP DOWN -0.0089 | Platinum US$ 977.67/OZ DOWN -0.0067 Sport results: Premier League: Fulham 2 vs 1 Brentford Weather: Katima Mulilo: 22° | 36° Rundu: 20° | 31° Eenhana: 21° | 31° Oshakati: 21° | 31° Ruacana: 20° | 31° Tsumeb: 19° | 26° Otjiwarongo: 18° | 23° Omaruru: 20° | 32° Windhoek: 17° | 29° Gobabis: 19° | 28° Henties Bay: 16° | 22° Wind speed: 19km/h, Wind direction: SW, Low tide: 12:28, High tide: 06:39, Low Tide: 00:56, High tide: 18:52 Swakopmund: 15° | 18° Wind speed: 19km/h, Wind direction: W, Low tide: 12:26, High tide: 06:37, Low Tide: 00:54, High tide: 18:50 Walvis Bay: 15° | 24° Wind speed: 23km/h, Wind direction: W, Low tide: 12:26, High tide: 06:36, Low Tide: 00:54, High tide: 18:49 Rehoboth: 20° | 30° Mariental: 22° | 35° Keetmanshoop: 24° | 36° Aranos: 20° | 34° Lüderitz: 14° | 24° Ariamsvlei: 22° | 36° Oranjemund: 15° | 24° Luanda: 25° | 27° Gaborone: 19° | 27° Lubumbashi: 17° | 33° Mbabane: 13° | 24° Maseru: 12° | 25° Antananarivo: 14° | 30° Lilongwe: 22° | 29° Maputo: 19° | 26° Windhoek: 17° | 29° Cape Town: 17° | 22° Durban: 16° | 23° Johannesburg: 15° | 26° Dar es Salaam: 26° | 31° Lusaka: 20° | 31° Harare: 17° | 30° Economic Indicators: Currency: GBP to NAD 22.44 | EUR to NAD 18.73 | CNY to NAD 2.43 | USD to NAD 17.41 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.26 | EGP to NAD 0.34 | KES to NAD 0.13 | NGN to NAD 0.01 | ZMW to NAD 0.64 | ZWL to NAD 0.04 | BRL to NAD 3.07 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 132.99 | USD to AOA 909.05 | USD to BWP 13.4 | USD to EGP 49.23 | USD to KES 129.2 | USD to NGN 1668.91 | USD to ZAR 17.41 | USD to ZMW 26.9 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1858.03 Down -1.09% | Casablanca Stock Exchange (CSE) MASI 14296.93 Down -0.02% | Egyptian Exchange (EGX) 30 Index 31045.26 Up +0.82% | Botswana Stock Exchange (BSE) DCI 9878.53 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 666.34/OZ UP +0.08% | Copper US$ 4.34/lb UP +2.63% | Zinc US$ 3 072.00/T UP 3.09% | Brent Crude Oil US$ 74.83/BBP DOWN -0.0089 | Platinum US$ 977.67/OZ DOWN -0.0067