Zuma Zuma Zuma. Malema Malema Malema.
Media now that I have your attention from using the magic words. Where is Hangwani Maumela these days?
What is he up to? How is he spending the looted Tembisa hospital money?
Today is a good day to love Black people more than you did yesterday. We are hated everywhere. Oppressed everywhere. Poor everywhere. Rejected everywhere. The most revolutionary thing to do right now is to love Black people and to take offence at the inequity we face.
War against the system, not each other.
We will win. Against all odds ♥️
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