Most people have no idea how resource curses actually start, so let me show you one forming in real time. Namibia just handed Vitol one of the most powerful commodity traders on Earth a N$7.2 billion exclusive fuel monopoly for three months. The state's own oil company, NAMCOR, offered the same fuel 10 cents cheaper per litre. They lost anyway. Their former acting MD, Maureen Hinda-Mbuende, is now publicly saying what everyone privately knows.
And here's where it gets darker. Vitol's subsidiary Vivo owns the Shell and Engen stations so the monopolist now sees the import data of its own retail competitor and can pick off NAMCOR's clients one by one. This is textbook elite capture Vitol's local partner is Mathews Hamutenya, whose son's company, Nasan, just bought 52 Engen stations and is appealing a Competition Commission ban on buying fuel from Vitol. Who decides that appeal? The same Minister who just gave Vitol the monopoly. Angola in 1979, Nigeria in 1985 the pattern is always the same. The state doesn't get robbed. It hands over the keys.
- https://t.co/n4JeEmBDtd
Most people have no idea how resource curses actually start, so let me show you one forming in real time. Namibia just handed Vitol one of the most powerful commodity traders on Earth a N$7.2 billion exclusive fuel monopoly for three months. The state's own oil company, NAMCOR, offered the same fuel 10 cents cheaper per litre. They lost anyway. Their former acting MD, Maureen Hinda-Mbuende, is now publicly saying what everyone privately knows.
And here's where it gets darker. Vitol's subsidiary Vivo owns the Shell and Engen stations so the monopolist now sees the import data of its own retail competitor and can pick off NAMCOR's clients one by one. This is textbook elite capture Vitol's local partner is Mathews Hamutenya, whose son's company, Nasan, just bought 52 Engen stations and is appealing a Competition Commission ban on buying fuel from Vitol. Who decides that appeal? The same Minister who just gave Vitol the monopoly. Angola in 1979, Nigeria in 1985 the pattern is always the same. The state doesn't get robbed. It hands over the keys.
- https://t.co/n4JeEmBDtd
EFF haters are truly a special breed ๐คงeasily excitable, astonishingly ignorant, and always eager to arrive at conclusions before understanding the facts.
Madlanga Commission โI called Malema to ask the price of bread.โ
EFF haters โAha! Malema is implicated. He is guilty. We always knew it!โ
The level of desperation to drag Julius Malema into every conversation needs to be studied at UNISA. Some people hear his name and immediately switch off their ability to think critically.
Yoooh, comrades. Ngeke guys. Ngeke!
Know your EFF MPs. Please feel free to reach out to us via email AND WhatsApp if you want issues raised with the executive and parliament. We are available. The EFF continues to have the most accessible public representatives. Including President Julius Malema. โฅ๏ธ๐ค๐พ
Former Minister of Police Bheki Cele, whom the EFF asked in 2021 whether he has any relationship with Timi Marimuthu, confirmed in the Ad Hod Committee of Parliament that he in fact knows him very well.
The problem is when you have chosen a faction in SAPS, and want to include us in those factions - we must then even avoid information given to us by public officials because they do not belong in your preferred faction.
We are not in any faction of SAPS, no public representative must avoid their constitutional duty of exercising oversight over the Executive using information volunteered to them, in fear of reprisals from cheerleaders of factions in SAPS.
Itโs gonna be a long day. We have to explain to grown adults that itโs not a crime for people who know each other since ANCYL days to be WhatsApp-ing each other. And that itโs standard procedure for members of parliament to get issues from people and raise them through Parliament channels. Please be patient with them fighters ๐ the excitement will be short lived as always.
Side note: please feel free to contact us via WhatsApp and DMs if you want your issues raised with the executive AND EVEN THE PRESIDENT HIMSELF. We are available ๐๐พโฅ๏ธ