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OUTDATED LAWS: The Action Democratic Movement, if elected into power, has vowed to amend outdated laws limiting resource benefits for Namibians. Photo: Nikanor Nangolo
OUTDATED LAWS: The Action Democratic Movement, if elected into power, has vowed to amend outdated laws limiting resource benefits for Namibians. Photo: Nikanor Nangolo

ADM to tear up laws delaying resource benefits

Nikanor Nangolo
Action Democratic Movement (ADM) interim president Vinsent Kanyetu claims the country’s real problem lies not with its government or its people, but with outdated laws that hinder citizens from fully benefitting from the nation's resources.

Speaking at a recent press conference in Rundu, Kanyetu highlighted the need for legislative reform, specifically targeting laws dating back to the early years of the country's independence.

"If elected into power, we will amend the so-called untouchable laws that have been in place since 1990 – laws that prevent Namibians from reaping the full benefits of their resources, whether it be minerals or others,” Kanyetu said.

“The constitution, specifically Article 100, states that mineral resources belong to us, the Namibian people. But now, with the recent discoveries – whether it's oil, gas, petrol, or diesel – what do we hear? One head of state says 'it belongs to us', while another says, 'it doesn’t'. What does that mean? It shows inconsistency among those running the administration.”

He also commented on foreign companies working in Namibia.

“There are laws that allow companies like De Beers to take more than 50% of the income from our diamonds," he claimed.

"Why are we only getting 10%? Just 10% off our diamonds! Why? There's a law that empowers these so-called investors. To assert our strength, we need to get rid of these laws and learn from the best examples. Look at our brothers in Botswana. They used to get less, just like us, but now they receive 50% from their diamonds,” he said.

He further outlined the party's mission to complete the unfinished business of the liberation struggle.

“We are here to ensure that we achieve a two-thirds majority in this election to bring about the necessary changes. It’s a shame that with all our diamonds, children are still being taught in iron-sheet classrooms. This is not what we envisioned after independence,” he said.



Reforms needed

Kanyetu also spoke on the need for eliminating shacks and improving healthcare.

“We must ensure that the hospitals whose medicine shelves are empty are fully stocked because we have the resources to take care of ourselves," he said.

He added: "And in the next 10 years, there will be no need for embassies in Namibia, because every Namibian will live in a well-built brick house with a proper roof over their head. We cannot continue to be an embassy republic."

With a population of only three million, Kanyetu believes the country is capable of significant reform.

“That’s why we, as the Action Democratic Movement, have already started taking action. We are moving forward, and all will be well if Namibians vote for us," he said.

Kanyetu also announced that the ADM has selected Erastus Shuumbwa as its presidential candidate for the upcoming national elections.

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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 22.48 | EUR to NAD 18.74 | CNY to NAD 2.43 | USD to NAD 17.4 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.25 | 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 3.05 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 132.95 | USD to AOA 909.05 | USD to BWP 13.4 | USD to EGP 49.22 | 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$ 2 673.43/OZ UP +0.35% | Copper US$ 4.35/lb UP +2.95% | Zinc US$ 3 082.50/T UP 3.44% | Brent Crude Oil US$ 74.91/BBP DOWN -0.0079 | Platinum US$ 979.52/OZ DOWN -0.0048 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 22.48 | EUR to NAD 18.74 | CNY to NAD 2.43 | USD to NAD 17.4 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.25 | 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 3.05 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 132.95 | USD to AOA 909.05 | USD to BWP 13.4 | USD to EGP 49.22 | 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$ 2 673.43/OZ UP +0.35% | Copper US$ 4.35/lb UP +2.95% | Zinc US$ 3 082.50/T UP 3.44% | Brent Crude Oil US$ 74.91/BBP DOWN -0.0079 | Platinum US$ 979.52/OZ DOWN -0.0048