Good, but could be a hell of a lot better
Stream your audio! And have a preloader! Just edit the NG one it's pretty easy to do and it's encouraged - it makes your work look so much more professional, and saves people on dialup like me getting pissed off with having to listen to that soundtrack for 10 minutes until it loads! Luckily it's sorta quiet so I can play other stuff over top of it. Movie wise - the fades are crap they just pop up infront of the dude at the start. However the stylistic colouring with the pencil is a unique little touch there. The frame rate is too slow, the whole thing moves a bit too slow really. Are you trying to portray genocide or apartheid? What's with the pile of dead bodies. The floor moves slower than the stuff ontop of it.
This movie does nothing but give vague ideas of what apartheid is, it doesn't offer any critique. I think we all know it's about separating different people, no need to take 5 minutes showing that when you could show some inequalities or something. It's tough subject matter, and your style is good, but the movie is too slow and pointless.
And you need to learn how to use some very basic actionscript - your movie loops!