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Who is Occupy SA - Operation Ubuntu?
Occupy SA – Operation Ubuntu is a leaderless resistance movement with people of many colors, genders and political persuasions. The one thing we all have in common is that We Are The 99% that will no longer tolerate the greed and corruption of the 1%. The People come as the People.
On 15 October we want to see people flood into South African cities’ allocated spaces, set up beds, kitchens, peaceful barricades and occupy SA’s financial districts for a few months.
“The BEE Codes require 25% black ownership by 2017. Currently black people own at least 28% (using the dti calculation). Moreover, with 32% of total market yet to be analysed, the actual black ownership figure is likely to be higher.”
Trevor Chandler of Chandler & Associates, who headed the research team appointed by the JSE, said, in total, black South Africans hold at least 17% of the Top 100 Companies listed on the Johannesburg Stock Exchange, with 32% of the shares of these companies still to be assessed.
The 17% includes 8% held directly, mostly through empowerment stakes, and 9% through mandated investments, such as pension funds and unit trusts. This figure is understated as it is not taken in context of overall availability and also because all shares have not been analysed.
South Africans gathered outside the JSE under the banner of the “Occupy SA movement” click here to view our gallery.
Thembisa residents demanded wind turbines and renewable energy. Others called for the death of capitalism.
In Cape Town more than 100 Capetonians protested.
The Occupy JSE movement managed to attract over 100 people before it dissipated. One wonders what crowds the ANCYL and Cosatu’s march to the JSE on October 27-28 will draw.
sn't south africa already occupied by the descendants of illegal white english and boer colonialists who are in charge of raping and pillaging all of south africas minerals and wealth and transferring them to harmless and "innocent" neutral country's like switzerland where bankers use the funds to loan to genocidal warlords in the region to buy arms from american weapons manufacturers and then use them to depopulate the continent of "worthless eaters" so the ravaging and theft of minerals and resources can continue to go unstopped, unchecked and with minimal resistance.