By – SHAMOBA

Hakainde Hichilema (HH) is a Zambian politician and businessman who was born on June 4, 1962 in Monze, Zambia. He is a father of three children (Miyanda, Habwela and Chikonka) and is married to Mutinta Hichilema. HH spent his formative years in Southern province of Zambia, where he attended local primary schools and pursued high school education at Kalomo Secondary School. Upon completion of high school education, he was admitted in the School of Humanities and Social Science at the University of Zambia where he graduated with a BA in Economics and Business Administration in 1986. He thereafter pursued an MBA in Finance and Business Strategy at the University of Birmingham in the United Kingdom.

HH had an illustrious career as a business and management expert that culminated in his rising to the position of Chief Executive Officer of Coopers and Lybrand (C&L) at the age of 26 years and later he become CEO for Grant Thornton (GT) for 12 years. Both C&L and GT are leading international professional services firms providing corporate finance, accounting, auditing, corporate recovery, management consultancy and tax advisory services to several reputable clients. These firms are member organizations of C&L International and GT International respectively which operate in more than 130 countries worldwide.

HH has been and remains one of the leading lights in business with wide experience in Zambia, Southern Africa, United Kingdom and other countries at operational and executive management levels. He served/serves on numerous boards of corporate entities including; as Chairman of the Board of Directors – Barclays Bank Zambia Plc., Sun International (Z) Ltd, Africa Trade Insurance a multilateral Pan African organization based in Kenya, Greenbelt Fertilizers Limited, Media Trust Fund and Export Development Programme II.

He was member of the Board of Directors of ; Zambia Investment Limited, Seedco Zambia Limited, African Life Financial Services, Zambezi Nickel (Bermuda) Limited, Westlake Investment Ltd. (Mauritius), Zambia Association of Chambers of Commerce and Industry (ZACCI), Zambia Business Forum, C&L’s Africa Governing board, C&L International’s Governance Committee, GT International Governance board, Zambia Consolidated Copper Mines (Smelterco) Limited and he served on boards of eight other companies.

HH has been active in the business community and has a strong high level private and public sector network locally and internationally. Over years HH has participated in community work such as building clinics, schools, livestock dip tanks, dams, boreholes and founding a cultural fund that finances the revival of cultural ceremonies in Zambia.

HH retired in 2006 to pursue community service initiatives and within a short period of retiring from the corporate world he entered active politics as a member of the opposition United Party for National Development (UPND), a liberal political party whose formation he supported as a technocrat. Following the death of the UPND founding President Anderson Kambela Mazoka, he was elected as the party’s new President. Within 50 days of becoming President of the UPND, he was elected as the flag bearer of the United Democratic Alliance, an alliance of three opposition political parties. Since entering politics HH has been arrested more than a dozen times.

He has since participated in five elections each time increasing his tally of votes. In the recent 2016 elections, he narrowly lost the Presidency to Edgar Chagwa Lungu who won the disputed elections by about 13,000 votes to garner the 50 plus one threshold.

In a move seen as effort to tighten Edgar Lungu’s grip on power, a state of emergency was declared and HH was arrested on trumped charges on suspicion of treason (over an alleged traffic offense in a convoy he was just a passenger). He spent 127 days mostly in solitary confinement at the country’s Mukobeko Maximum Prison – that house death row inmates and those serving life sentences. His treason charges were dropped through efforts of the Zambians from all walks of life, church in Zambia, former Nigerian President Olusegun Obasanjo and Baroness Patricia Scotland the Commonwealth Secretary General and politicians abroad.

HH is a focused politician, driven by his unwavering desire to see Zambia realize its full potential by harnessing its valuable resources, people and natural resources, to improve the quality of life for all its citizens. Anchored on his respect for equality of all citizens, rule of law and the democratic rights for every citizen to unconditional association and free speech, he has and continues to exhibit leadership and political maturity to navigate all political challenges thrown his way in the ever tighten political space in the country.

His fight to uplift the standards of living for all Zambians has no limits of personal sacrifice. All for the love of his fellow Zambians, that he wishes to one day experience the Zambia they all aspire to and envision.

A Zambia that guarantees present and future economic well-being for all its people– east, south, north and west. A truly free Zambia, where every Zambian is motivated to participate and contribute to the fulfillment of its economic agenda free of fear of persecution or harassment. A truly free Zambia in every sense– economically politically, socially and religious beliefs.

THANK YOU HAVE A BLESSED DAY.

©SHAMOBA 2020

WEALTH GAIN OF POLITICAL LEADERS UNDER SCRUTINY

Wealth Gain Of Political Leaders Under Scrutiny
In recent days questions about how UPND President Hakainde Hichilema accumulated his wealth and the role he played in the privatisation process have resurfaced. Edith Nawakwi is among those to accuse him of abusing the process for his own benefit.

Government has responded by saying that it is disturbed by the allegations and is studying the matter closely. However, these allegations are nothing new. In fact they are years old and appear to resurface each time Government grows concerned by its own popularity, only to fade away again when no further action is taken. Back in 2013 then President Michael Sata directed the then Director of Public Prosecution (DPP) Mutembo Nchito to establish whether Hichilema could be prosecuted for stealing his wealth.

Hichilema has also responded to the claims, calling on Nawakwi to apologise for calling him a thief and desist in making defamatory statements or face legal action.

In a letter from Hichilema’s lawyers they accuse Nawakwi of making, “false, malicious and defamatory statements (“the defamatory statements”) against our client whose aim, purpose and effect was, inter alia, to expose our client to hatred, contempt and ridicule; to embarrass him in the eyes of the general public; to lower our client’s reputation in the estimation of right thinking members of society; to cause him to be shunned and avoided; and generally to create an impression in the minds of the global community, given our client’s international repute as a businessman and politician, that our client is a thief and/or a person of miscreant behaviour who does not respect the rule of law or deserve to hold public office as President of the Republic of Zambia, for which our client aspires.” The letter goes on to set out Hichilema’s defence to the allegations made by Nawakwi.

The full text of the letter can be found here.

Meanwhile, Bishop John Mambo has suggested that President Lungu should instead explain how he grew his wealth from K2.1 million to K22 million in one year of being President.

“Those that come to equity must come with clean hands. While government officials are asking HH to account for his wealth and role in the privatization process, which is honestly a fair question, those calling for accountability must be reminded that they have not themselves explained to citizens how they suddenly become rich after assuming public office as soon as 2015,” Bishop Mambo has stated.

“We do not think that it is right for government to join those throwing stones at a citizen who whose firm was hired to carry out the work as assigned to him by government,” Mambo also commented.

“Surely if this not witch-hunt against a political opponent by those in government, then what is it?” he asked.

The Case of KCM

KCM valued at $1.2billion sold for $25 million- Now that’s Privatisation That Hurts

By Amb. Emmanuel Mwamba

In 2003, an unknown Indian mining and non-ferrous metals company, Vedanta Resources Limited bought Zambia’s largest copper mine.

The company pledged to pay $25million for 51% shares of the mine.

Konkola Copper Mines(KCM) had mine assets at Nchanga, Konkola, Nkana mines and the Nampundwe pyrite mine.

It also had the Nchanga, Nkana Smelters and Nkana Refinery.

World Bank had hired a London consultant firm, N.M. Rothschild to assess the value of the ZCCM assets during the failed sale to Kafue Consortium in 1996 and the subsequent sale to Anglo-America in 1998-99.

The share value of KCM was deemed at $1.2billion but with a market value of $650million owing to the persistent and prevailing low copper price.

WHY KCM WAS BEING SOLD

Shortly after the 2001 elections, Anglo-America Corporation announced that it was abandoning KCM, a mine it had just bought in October 1999 and was pulling out of Zambia.

Anglo-America through its subsidiary, Zambia Copper Investment (ZCI ) had bought an 80% stake (Nchanga, Konkola Divisions and Nampundwe) for $90million ($30m cash and $60m deferred payment to be paid 5 years later beginning 2006).

The deal also included a copper/cobalt price participation and sharing scheme to cap at $125million.

The new shareholding in the new company now called Konkola Copper Mines (KCM) was ZCI, 65%, ZCCM-IH 20% and 7.5% held by the World Bank’s International Finance Corporation (IFC).

The new owners pledged to develop and modernise the mines.

Anglo-America also pledged to invest $500m in the Konkola Deep Project, an area with vast copper/cobalt deposits which would extend the life of the mine.

At the same time Glencore and First Quantum bought Mufulira Division and Nkana Mines to form Mopani Copper Mines(MCM) and pledged an investment of $153 million.

ANGLO-AMERICA ABANDONS KCM IN 2002

But both the Anglo-America, CDC and IFC exited abruptly after the 2001 elections.

On 24 January 2002, Anglo America announced that, in view of the alleged substantial losses suffered by KCM, the weak outlook for the copper and cobalt markets and the non-availability of project finance for the Konkola Deep Mining Project, the company could not justify investing further funds in KCM over and above those committed at the time of vesting.

In September 2002 Anglo America, IFC and CDC formally withdrew as shareholders of KCM, leaving a restructured company whose main shareholders were ZCCM IH and ZCI.

ENTER VEDANTA

Vedanta Resources and its Chairman Anil Agarwal visited Zambia in 2003.

Later an announcement was made that Vedanta Resources would acquire 51% control stake of KCM.

On November 5, 2004, announced that it had completed the acquisition of a 51% interest in Konkola Copper Mines.

Veteran Businessman and Entrepreneur, Andrew Sardanis in his book; ” A Venture in Africa” discusses this unusual sale.

“The government through ZCCM-IH and ZCI (Anglo’s subsidiary) handed over 51% control of KCM by allowing Vedanta to subscribe to new capital for $25million”.

“Vedanta also paid $23.2million to ZCI (Anglo-America)”.

ZCI shares were diluted but remained with 28.4%, while ZCCM-IH held 20.6% and Vedanta held 51%!

The book reveals that instead of paying the $25million to government as committed, Vedanta instead paid only paid $16.8million!

VEDANTA MAKES PROFITS

Since Vedanta is listed in London, it is obliged to provide financial information.

After buying KCM for $25million, revenue from its businesses jumped and started making over US$3,701.8 ($3.7 billion) million in every fiscal year and by 2009 the revenue reached US$6,578.9 million($6.5billion).

CONCLUSION

Imagine that the Zambian Government was paid $25million for 51% shares in KCM while Anglo-America (Zambia Copper Investment) was paid $213m for its remaining 28.4% shares.in 2008 (in addition to the $23.2million paid in 2003)!

By 2008, Vedanta Resources now held a shareholding of 80% while ZCCM-IH held the 20%.

Now that’s the trouble with privatisation crimes or any corporate crimes!

They are complex, detailed and might be difficult to unravel as they involve lawyers, multinationals, businessmen and public officials.

The trick is simple!

It appears that state assets are obtained at cheap prices but covered by making huge investment pledges that in many cases are never fulfilled while the investor milks the assets to the bone!

I AM not a crook, I don’t steal but it is coming out of political malice, says Hakainde Hichilema.

“It was not the intention of picking out Madam Nawakwi. Edith is venomous, the way she speaks, the arrogance she exhibits, not with me only but to everybody who she thinks is standing in her way. Why would she think I am standing in her way? It was not an issue – it was an issue of mentioning cabinet. Was she not a member of cabinet during the material time? Mr [Alexander] Chikwanda during the material time was a chief of staff at State House. Madam Nawakwi is malicious by and large but we accept her, that’s her character, God made her like that but I have a different character although made by God, we co-exist,” he said.

Hichilema accused Nawakwi of being a PF surrogate.

He said he had no issue with calls for a probe being championed by the PF over the privatization programme.

“The probe can be done, I have no issue if it is of value to the country,” he said. “We don’t have to be surrogates of the ruling party, as an opposition we have to be representing the masses that are not getting a service from government such as jobs. The youths from college, university, are roaming the streets without jobs. What Nawakwi and the PF are trying to do is divert our attention to such issues and drive us to issues, to things of a house in Serval Road…is that what is important? We have misplaced priority; we must not leave the topic of fire tenders, corruption. What she is doing clearly demonstrates that she is a surrogate of PF, her actions are very clear. Parroting things that are not true, a national leader must add quality, must bring a competitive atmosphere into the political arena so that government money is not stolen by those in government, so as the fire tenders. She should be talking about fire tenders with some of us in opposition. Why is she not talking about that? She is roosting for PF, she is a surrogate of PF. She is an individual who habours venom and foul mouth.”

He said her favour for Bill 10 shows that she is a surrogate because a genuine opposition just like the church does not favour the bill.

In an interview on Hot FM yesterday, Hichilema said contrary to assertions by FDD leader Edith Nawakwi that he abused his role in the privatisation process to offer himself a house belonging Lima Bank, he said he bought the said property from the National Tobacco Company.

He said the said property on Serval Road in Lusaka was not property of Lima Bank when he bought it at K61 million.

“I participated in the privatisation process, [but] I was not in charge of the privatisation programme. It was the government of the day, the MMD government. They were responsible for the privatisation programme. In terms of policy they were responsible to set the privatisation policy, it was not myself because I was not part of government,” he explained. “Legally they were responsible because they set up the privatisation Act of 1992 as the government of the MMD under the late president [Frederick] Chiluba. So they were responsible and the overall structure…I think today for us to explain these things so that all those who may be unaware can understand, those who may be mischievous, their mischief can be laid bare today.”

He said the MMD after taking office in 1991 proceeded to enact a privatisation Act in 1992 which meant that parliament made a decision to give the citizens the law of the privatisation Act.

“The structure, the way they worked was that after the law was made, there was cabinet on top chaired by the president of that time Mr Chiluba. Under the cabinet there was a committee of ministers within cabinet called committee of ministers on privitisation. HH was not there. Then there was the [Zambia] Privatization Agency, ZPA, as an institution, as a manager to implement the privatisation programme and that’s where the policy and legal power lay,” Hichilema explained.

He said the decider was cabinet chaired by the president with sub-committees such as ministries of finance, commerce and industry, mines, depending on the assets which were key.

“The manager was the Privatization Agency, which then would ask for expert advice from many people, thousands of Zambians – not just Zambians, lawyers, corporate finance guys like ourselves, real estate agents, valuators, property valuators, engineering firms, all of them from 1991, 1992 along were somehow involved, many of them and 270 companies were sold on units as it were,” Hichilema said. “Today, HH was responsible when HH was below the ZPA, asked to do his professional work like an asset verification. Yes, in terms of involvement at that level and not in terms of responsibility, in terms of legal power, in terms of policy power…I was not responsible, I was not in charge.”

Hichilema said he bought the house in Kabulonga but not from Lima Bank as alleged by Nawakwi and he displayed documents in arguing his point.

He added that Nawakwi’s claims are ambiguous and out of political malice to discredit him because he was running for political office.

“I never bought a house from Lima bank. I never stole a house. I don’t steal and here are the facts about the property. This property is called Farm 488A/40/A/3 Serval Road, that’s the name of the property, that’s the identity, that’s the legal identity of the property. I bought this house from a company called TBZ, so this house basically was advertised, open tender, public open tender through the Newspaper in 1995. Madam Nawakwi says I stole the house from Lima Bank because in her allegation I was involved in the privatisation of Lima bank in 1998. But I bought this house though a public tender in 1995,” he explained. “The timeline there does not match, someone is lying…is it me or it is her? It is her who is lying. I say Edith Nawakwi you lied, I never bought a house from Lima bank in 1998 or thereafter but 1995.”

The UPND leader said he responded to a newspaper advert in May 1995 and after his response he was awarded as he was the highest bidder at K61 million.

He said as a business person he was already at the time able to tender for the house at K61 million.

Hichilema said he did not make money from the privatisation programme but that he was already in the position spend such an amount “as God was kind enough” through his businesses at only 26 years old.

“The firm in Ndola called TP Chibwe advertised the house (displaying the copies) who were valuation surveyors and state agents who had been engaged to sell the property. For the avoidance of doubt, I myself just made an offer, the advert had many other houses and I singled out this one and to be specific my offer went in on 26th of April 1995 and I was offered the house. Who owned the house,” Hichilema asked as he displayed evidence from Ministry of Lands.

He said a Chileshe was the owner of the house and later sold it to the Tobacco Board of Zambia in July 1987.

Hichilema showed that after TBZ borrowed money from Finance Bank and could not pay it back, the house was repossessed and passed on to TP Chibwe to advertise for sale.

He said the money he used to buy the house was not from privatisation as alleged but from his other business ventures as a partner, shareholder of a couple of businesses.

Hichilema went on to explain that he paid for the house through his lawyer Michael Musonda, the current deputy Chief Justice – who paid off the mortgage.

“The mortgage plus interest was at K10 million as at 27th September 1990 and the money I paid them they went and cleared the mortgage… Then they were able now on 7 July 1995, they discharged the mortgage, that’s the money and then the house was offered to me by National Tobacco Company through the real estate agent. I bought it, registered it on 7 July 1995 and became the owner of the house 14/3A, in short we call it Serval Road Kabulonga,” he said. “It was never a Lima Bank house. Lima Bank came up for privatisation in 1998, I bought the house in 1995. Edith Nawakwi, you are a liar.”

And Hichilema clarified that he did not have the power to sell mines.

He said he was a service provider contracted in the privatisation and was paid for it as that was his job.

Hichilema said he never privatised RAMCOZ or any other mine in the country.

He recalled that RAMCOZ was privatised in 1997 and he was not involved, stressing that those who care to know the truth would find records at the Zambia Development Agency.

Asked why Nawakwi mentioned his name, Hichilema said, “Malice, she is confusing things. She is claiming that I was the receiver; it is wrong and highly malicious. Neither did I privatise RAMCOZ nor was I the receiver. I was none. I am not a thief. I have never stolen anything.”

Hichilema said Nawakwi has been misleading not only herself but the public as well.

He said he is shocked that a former minister of finance could fail to understand basic facts adding that such pointed to only one thing, which is malice.

“Political malice to get HH at all costs even if he is not a criminal,” he said.

Meanwhile, Hichilema said if there is an asset that delivered more than expectation in the privatisation process was the Livingstone project, the Mosi-O-Tunya InterContinental Hotel.

He said the project was a world class asset, competitive internationally and was delivered meticulously to the standards that were set in the privatisation programme.

Hichilema recalled that the policy of privatisation set an agenda, objectives and what needed to be achieved and the law allowed it to happen.

“If I was not Hakainde Hichilema and I was not seeking public office, if I was not born in particular area I would be praised everyday about the way that transaction was handled. Completely first class in accordance to the set objectives of the privatisation agenda, the broader programme. There is an allegation that I was a shareholder when the bids came through…” he noted.

He said the bids for the hotel were received through ZPA and then the organisation decided whom they thought would help them to structure the transaction in accordance to the set objectives and that was time they engaged people like him.

Hichilema said he was not alone in the process.

He clarified that he was not a shareholder of Sun International for him to declare conflict of interest when he was asked to assist the MMD government through the cabinet and ZPA.

“I was never shareholder in Sun International. I invite any citizen to go to the Registrar of Companies then, go to PACRA now, and see if HH was a shareholder because that what Nawakwi, Madam Nawakwi alleged that I was shareholder and therefore gave myself Sun International, she is wrong. I was never a shareholder,” Hichilema said.

He said there was no asset that he bought from ZPA stating that what he has, like the one on Serval road, were acquired from owners who were not part of government or ZPA.

He said some people alleging that he bought assets through privatisation were in fact the ones that did directly from government.

Hichilema challenged those with evidence that he bought assets from the privatisation process to bring evidence.

He said in Zambia there was a perception that those who make the loudest noise are clever and, or right but that in most cases they’re never the most intelligent.

“We have made mistakes in our country to reward noise makers, we must reward facts, intelligence, substance and hard work. I have never wanted to reach this level, I just wanted to explain but this matter keeps coming up,” Hichilema said. “We have addressed your concerns of how we became owners of what we have. Now, let’s ask someone to explain something about… 48 houses, $42 million worth of fire tenders, mukula cartel, allegations from Rwanda, billions stolen as reported in successive FIC reports….”

By David Zulu.

UPND President Hakainde Hichilema’s interview was reminiscent of the old soccer days when Zambia played her archrivals like Zaire (Zayiii, in the accent of iconic football commentator late Dennis Liwewe), the Magreb which comprised teams like Morocco, Egypt and Algeria(Alugeria).

Instead of listening in the privacy of my home, I decided to take a two pronged approach, by driving around the city of Lusaka, while listening to the program from my ear phones, and making random stops at bus stations, markets, shopping malls or simply by road sides, specifically to see the mood of the people.

What I saw was staggering. Taxi and minibus drivers, marketeers, roadside metal fabricators, mobile money stall dealers, saloons and barbershop operators and ordinary shoppers appear to have all been synchronised in one spirit and pregnant with indescribable expectation of what Hichilema would say.

A visitor that just arrived from abroad wouldn’t be blamed to think the nation was about to turn into a pillar of salt. I agree, I would have heard a pin drop from Jupiter. The nation was on a stand still. What was also evident was that people wanted this age old matter dealt once and for all.

One young man told me;
“Today is a very big opportunity for HH to shut these people up. We are tired of them. He should not politicize the program, let him do his best to explain as directly as possible his role as a consultant because he’s being accused as a consultant and not as UPND President. He must tell them who was involved in the mines, possibly mention names like Francis Kaunda, Norman Mbazima, Elias Chipimo, Valentine Chitalu and Edgar Lungu himself. On how he got rich, if possible, let him draw up his investment path. Last time he explained how he bought 6 Heifers which multiplied into resourceful herds.”

What was also clear was that people were amazed how a matter that happened more than a quarter of century ago and passed through four successive governments whose economies recorded epic performances, was proving to be a thorn in the flesh of only the current government, remarkably and incidentally an administration accused of unbridled corruption and blamed for abysmal failure in the running of public affairs.

The landfall of Tropical storm ‘Hurricane Edith’ was a disaster, not for Hichilema as hoped by the PF, but for Edith Nawakwi herself, President Edgar Lungu and the Patriotic Front. The tornado crystallized a 25 year old privatisation myth into a two hour alluring vindication that many described as convincing and mesmerising.

After Hichilema’s blistering radio interview performance concluded, cheers rang out across Lusaka and I believe right across the Republic. I heard quite a number of long car honks, yes It was as though the Zambia National team had scored the critical goal. There was indeed a sigh of great relief among many citizens and the people want to now move on.

MMD President Nevers Mumba wrote on his Facebook account;
“This is the healing moment Zambia has been waiting for. Now Zambians can demand that the same question asked to Hakainde Hichilema be asked to the current crop of leaders in the PF government. How did they get rich on a government salary? We shall finally get all the answers we have been waiting for. Who took the extra $750,000 from each of the 42 fire engines? What have we done with the over $15 billion debt contracted? To clean up our society, Zambians have to put aside the divisive political affiliations, the segmentation of society along tribal or racial lines and face this opportunity as one people”.

There’s a general agreement that the PF are being vindictive of the UPND President, and by and large, a great number of Zambians believe the theory, that they would want to harm him if given the slightest opportunity to detain him. Hichilema himself has raised these concerns and citizens across the board believe him. The clap trap that HH’s support base is regional is a far fetched myth. The reaction that could come from the news of his arrest and detention would therefore be spontaneous and on a national scale. Don’t we have enough on our plate already to having to deal with such riots and the threat to national security that HH’s arrest would bring?

PF CONTINUES PUSHING FOR THE ARREST OF HH

We have been reliably informed by well placed security sources within PF government of their fresh plans to arrest UPND president Hakainde Hichilema any time any day.

This desperation by the PF government to insist on going ahead with their plans to arrest UPND president Hakainde Hichilema, following Edith Nawakwi’s privatization rantings will have more complicated problems if PF goes ahead.

Unless Mr. Lungu and PF government are planning to shed innocent blood of citizens, then they should go ahead. Because citizens will not watch seeing their leader being persecuted again.

We know PF want to create a volatile environment and find reasons to persecute their opponent.

Our new intelligence information of the PF government wanting to go on and arrest HH is still based on the privatization propaganda which we believe the opposition leader dealt with within two hours during a radio interview at his residence on Friday, this previous week.

But to our surprise, PF still want to go on and arrest Mr. Hakainde Hichelema. We understand that PF’s main objective is to have physical access to his body and possibly harm him by poisoning.

Arresting the opposition leader based on Nawakwi’s rumbling will be the biggest ever mistake which will trigger more troubles than what PF wants to achieve selfishly.

The opposition leader Mr. Hakainde Hichilema, last week took time to clear the air over the privatization allegations with documents to validate his innocence, but it’s clear now that arresting HH based on baseless accusations of selling mines is the only last option PF is trying to find ways to convict or harm HH before 2021.

We want to again remind the PF government that we are very much aware of the intensified plans to arrest the opposition leader. And all we can do is remind them to stop this agenda.

PF should read the political mood in the country before making this grave mistake that will be very difficult to undo.

We urge all citizens to be very much alert, because PF government is determined to imprison HH and compromise his health and make sure he doest feature on the ballot box next year. We urge all meaningful citizens to take this information very serious.

Sikaile Sikaile
Good Governance and Human Rights Activist

Give Edith Nawakwi and others opportunity they are crying for, send them to jail for contempt of court and clean them up

Prof. Michelo Hansungule

Zambian politics has descended into gutter politics without any decency or shame under the current government. A serving minister of Defence and former minister of Finance describe a citizen as a ‘criminal’ to the media yet this citizen has neither been tried nor convicted of a criminal offence, ever heard of that? Isn’t this promoting lawlessness to the extreme? How can a citizen be criminal before any judicial process? Doesn’t this define the authors as unfit for public office let alone office of minister?

Yet it is an offence to take the law into your own hands and we are all persuaded to not resort to self help regardless of circumstances. Only in a few exceptions does the law permit self defence, defence of property and defence of others and in this case in accordance with strictly defined circumstances. If a citizen resorts to self help against another, they can be prosecuted and imprisoned for it.

Defence Minister Davis Chama and former Finance Minister Edith Nawakwi took turns this week lambasting opposition leader Hakainde Hichilema as a ‘criminal’ over his role in the privatisation of the public economy some thirty years ago. Could it be that it is because they are criminals themselves which is why they easily can recognise a criminal when they see one? How do we explain senior government officials so easily using the word ‘criminal’ against the grain of the law if they are not?

And what is this in terms of teaching our children how to behave in leadership, or does it not matter? In these days of social media, children are not only watching leaders behaving like toddlers calling others their political opponents ‘criminals’ and shouting bring it on, bring it on referring to court contempt threats and you are a minister or former minister?

In the week, Edith Nawakwi fed the media with serious allegations against Hakainde Hichilema regarding his role during the privation process. Though she purports to be opposition herself, she was intent on defaming her colleague to the worst possible degree and shifted all the blame to him as if he was the minister responsible for finance while she was mere consultant. Among other things, she accused him of undervaluing assets of Ramcoz, selling to himself and buying the Lima Bank house in Kabulonga using his position as chairman of the privatisation committee and failing to declare interest during negotiations for the sell of the Mosiotunya hotel in Livingstone.

Before Hakainde could respond, including KBM, Sean Tembo, YALI jumped into the bandwagon and found Hichilema guilty of the charges. KBM said Hichilema failed to disclose interest in the Mosiotunya hotel negotiations but suggested he should not be arrested to avoid chaos in the country. Sean Tembo who pretended to ‘sit as a court in the matter’ while ‘acquitting Hichilema on Ramcoz and Lima bank house, found him ‘guilty’ of failing to declare interest in the Mosiotunya hotel negotiations and sell. Interestingly he never found Edith to have defamed Hichilema in the Ramcoz and Lima bank affairs despite finding Hichilema on firmer grounds on the two issues? YALI which has always been on the side of the ruling party the Patriotic Front even described the privation process of the hotel as ‘theft’ by Hichilema whom they accused him of selling the hotel to himself.

Yet all these comments from other opposition leaders came before Hichilema laid out his case. This raises serious questions regarding the calibre and character of our politics? These are people aspiring to lead us. They can’t even as much pose so as to hear from the other side before venturing their verdicts. And as it turned out unfortunately for them, Hichilema’s response in both the letter of demand to Ms Nawakwi and in the statement of claim he filed in court demonstrated that the accusations were a cocktail of lies and using dates and names of the people involved in those transactions and the period involved, detailed the lie on each.

Of course coordinating this tapestry of lies is president Edgar Lungu, the main beneficiary of the lies. Most people do not know Edgar Lungu, those who support and who oppose him, both sides do not know him. Edgar is a complicated figure. Remember, starting from his party, his ascendancy to lead the party was controversial. There were two conventions his came after the first convention which he just ignored and organised his. Following that he ordered some judges to affirm his leadership and the rest is history. In 2016 when Hichilema dared complain against the election in which he was controversially declared loser, Edgar simply banned the Constitutional Court from hearing Hichilema’s complaints. With this history in mind, it is quite clear most of those who jumped the bandwagon and made remarks finding Hichilema guilty as charged by Edith Nawakwi did so as Edgar’s surrogates, a suggestion Hichilema made.

How do we address this problem? It is simple. Action should be taken against those who defame others. Hakainde Hichilema must sue all those that have written things and made statements defaming him. Sue YALI, sue opposition and other politicians and other leaders who have made unbalanced comments and statements against him. This is the best way to promote values in society. Sue them and if they run foul of the law lock them up for contempt, no empathy. Clean them up of all their money, let them toil for years paying court costs arising from their irresponsible careless conduct. If you use empathy and forgive them, you are promoting impunity and bad leadership will continue. You are imparting bad values on our children that lying is Ok and there is nothing wrong with defaming others. So, I am calling on Hakainde to clean them all up with hefty bills arising from court processes. Let them walk naked and turn to streets to beg food. This way, politics will move towards decency and politicking become value based.

WE ARE READY TO DIE FOR YOU -UPND YOUTHS ASSURE HH

…as thousands of UPND youths hold solidarity march in support of HH amidst attacks from Nawakwi & PF

THOUSANDS of United Party for National Development (UPND) youths this afternoon held a solidarity march to president Hakainde Hichilema’s Lusaka residence in New Kasama where they assured him of uninterrupted support in the wake of numerous verbal attacks from defunct Forum for Democracy and Development (FDD) leader, Edith Nawakwi and the ruling Patriotic Front (PF).

Leading the youths that were drawn from the seven constituencies in Lusaka, Mr Anderson Banda who is leader of the youths in the Lusaka told Mr Hichilema that the collusion between Ms Nawakwi and the PF to remove him from the 2021 ballot had prompted them to march in solidarity with him as a way of sending a signal to the PF and its surrogate political parties that the youths would not allow any aggression against Mr Hichilema.

Mr Banda charged that it was now evident that after failing through various means to disadvantage and lessen Mr Hichilema’s chances of being a presidential candidate for 2021 such as the failed Bill Number 10 of 2019, the PF had resorted to using its hired guns such as Nawakwi to discredit him, a situation he said would not deter Mr Hichilema from being ushered into State House in 2021.

“We shall stand by you, president HH until you are ushered into State House come August 2021. You are not alone in this fight and we shall not allow the PF Government to touch you again. We are aware of schemes by the PF to cook charges against you after realizing that they have failed to remove you from the ballot using Bill 10, we shall not allow that,” said Mr Banda.

Mr Banda also stated that the youths had resolved to stand by Mr Hichilema and that they’d stand by him and his family to ensure nothing bad happens to them.

He also stated that the country’s youths were eagerly waiting for him to become president of Zambia so that he could help in ending the numerous economic hardships that the country’s youths were going through.

“Mr President, we know that you mean well for this country; and we admire your business skills, as such, we pray that you rule this country so that we the youths can tap into your wisdom for a better Zambia. We are waiting for your leadership so that those who have stolen from the poor through the tenders, ambulances and 48 houses can account; so that FIC report findings are adequately addressed and the perpetrators are dealt with accordingly as well as how the Eurobond was used and the findings of terrorism and money laundering in the FIC report,” he said.

Mr Banda called on youths across the country to take keen interest in the way the Electoral Commission of Zambia (ECZ) was conducting itself ahead of the 2021 tripartite elections.

“Mr President, we wish to call upon the youths across the country to remain vigilant and monitor the ECZ ahead of the 2021 general elections,” he said.

And Hichilema, who was accompanied by his wife, Mutinta, expressed gratitude to the youths for the solidarity and support, stating that he was also there for the youths of the country.

“Thank you for coming to support us especially at a time that PF and its surrogates have continued to attack us. We need a new leadership that will provide business opportunities to the people of Zambia. We need a leadership that will take care of the people of Zambia,” he said.

Mr Hichilema also laughed off insinuations by Ms Nawakwi that he stole a house for Lima Bank during privatization, stating that the house was purchased from TBZ in 1995 while the privatization took place in 1999.

“Thank you to all of you for coming. Sometimes we think that we are alone but when you come, we know we have support. You must also know that you are not alone, Bally is always with you. It is darkest before dawn. We have walked a long way and we are not stopping,” he said.

UPND MEDIA TEAM

UPND TO DELIVER A ZAMBIA FOR ALL ZAMBIANS.

Yesterday we spent the afternoon in the company of the UPND President Mr. Hakainde Hichilema to reflect on some of the core issues Zambians want us to focus on.

1. We cannot go into government with the same culture of excess and extravagance that has disadvantaged millions of Zambians, much to and for the benefit of only a small group of individuals

2. We have to focus on creating and expanding opportunities for education, empowerment, employment, business for all Zambians; and break all undertones of political affiliation and nepotism as prerequisites for opportunity

3. We must and we will decisively deal with and address the issues affecting civil servants, among them teachers, the police, nurses and doctors

(a) Salaries, PAYE and other conditions of services

Note: The UPND has already proposed personal tax reforms which are expected to deliver wages rises ranging from 7% – 29%, with an average of 14%. This will arise from the expected PAYE tax reforms windfall of $1.5bn to $2bbn for the initial 5 year period.

(b) Pensions and retirement requirements

Note: The UPND has already proposed public pensions reforms which will see contributors into public pensions enjoy periodic, capped access to their pensions contributions for purposes of raising capital and other collateral requirements without resorting to expensive debt. This will enhance value for pensions money.

The UPND is also looking to transition civil servants away from institutional housing and much towards personal home ownership by leveraging opportunities within public pensions.

* Retirement requirements still under firm review

(c) Promotion and progression requirements.

Note: We cannot have people serving in acting positions in perpetuity. But this must be addressed as part of retirement reforms

(d) Overbearing deductions on civil servants payroll

– Higher education loan

Note: The UPND has already indicated that these deductions will be suspended, while attention will be refocused towards rebuilding the economy and expanding earning opportunities for our people

– National Health Insurance Scheme

Note: While the UPND remains committed to the idea of quality healthcare for all, we do not believe that a public health super structure, anchored on mandatory contributions, is the solution. The economy is currently too small and ailing. Our focus, therefore, will and shall be on growing the economy and realigning public expenditure towards key sectors such as health and education in the short to medium term.

– Newly introduced taxable allowances which were previously excluded from tax

Note: The obsession with taxing citizens has arisen out of the culture of excess and wastage by government. The UPND continues to emphasize a prudent culture of managing and applying public resources as a primary tax relief mechanism for all citizens.

*We also must update our tax legislation, such that all allowances incidental to the welfare of employees, and related to their able to do their work, must be reviewed for tax exemption.

4. We must win the war on government corruption. This costs Zambians an amount in excess of $2bn per annum

Note: The UPND has already made proposals for:

– Unexplained Wealth Orders (UWOs) where Law Enforcement Agencies have verifiable and current evidence of corruption, money laundering activities by individuals

– Enhancing the funding and functional independence of frontline gatekeeping institutions such as the ACC and FIC for improved performance. We remain committed to legislative reforms that will make these institutions answerable NOT to the President but to the public.

– Instituting new guidelines for politicians, their families and entities in which politicians have a vested interest doing business with government. This has been the source of public procurement processes’ abuse by politicians.

By Patson Chilemba

Opposition FDD leader Edith Nawakwi says she wants to unmask the myth that Hakainde Hichilema is a rich man.

Reacting to the UPND leader Hichilema’s appearance on radio yesterday where he defended himself against her allegations regarding his role in the privatisation process, Nawakwi told Daily Revelation that she was ready to face Hichilema in court.

“We are waiting for the summons and really we are eager to unmask, to demystify the myth that Hakainde is a rich man, that in fact there is a lot of private fraud which is being undertaken especially in the area of pension fund. And look there are many questions which must be answered, for example the pensions from Anglo-American. The workers are still unpaid..and from BP Zambia,” Nawakwi said, adding that Hichilema could not continue “hiding under the veil of subjudice whenever questions were asked of him. “It’s in the same spirit that he’s threatening to file summons (filed already) in this particular matter of us asking as to how he became chairperson of Southern Sun. It is simply for him to say you can’t discuss it, it’s subjudice.”

Asked on Hichilema’s argument that he had responded to her allegations of dishonesty over the privatisation, and now was the time for his opponents to respond to matters such as the controversial procurement of fire tenders, ambulances and the 48 houses, among others, Nawakwi claimed that she had already spoken out forcefully and unambiguously over some of those matters, charging that Hichilema should not duck the questions against him.

“He’s like a cut and mouse you know. The issues before him he can’t say neo mwenzemwanipeza nili pabwalo pa museo so namuzanga naeve ni ule ankale pa museo (he can’t say don’t just focus on me, without providing answers just because the next person has committed a wrong). The questions are specific to him. We have talked about the mukulas, we have talked about the fire tenders,” Nawakwi said. “And for me this matter is him, he is the one who started. Who provoked him to start talking about me? Presenting me that I am not worthy of national leadership because I sleep on duty. He is the one who was trying to discount me so you wanikata nitole weo. Mwambile buti biyo musa (you started the fight)…this kind of discussion is like chikunye…that insect in the field that eats itself until it dies.”

Nawakwi said the allegations she had raised against Hichilema were specific, and that she was very ready to meet him in court.

“We really want to unveil the myth that he’s a rich man. So that’s why he says he has clarified. No he can only clarify when we give him evidence in court. We exonerate him in court that he’s a rich man. You cannot take take pensions from Anglo-American employees and not pay it and go to court and say it’s subjudice,” Nawakwi said. “And BP workers, money that was given to the fund. You can’t have the same person managing the fund and being a scheme manager and being actually themselves the assessor.”

Nawakwi, mentioning the several companies Hichilema had interest in, said there must be morality in the manner he handled matters.

“Africa Life Finance Services if you get a print out of that, the shareholders are Rabson Machila, Hakainde Hichilema, Muna Hantuba and Valentine Chitalu…Menel Management you see they have been masking their shares. When you go to Africa Life Financial Services, PACRA, yourself…the shareholders are Botswana Insurance Fund Management and Menel Management Services,” Nawakwi said. “Now Menel Management Services at PACRA, date of Registration, November 2003…Menel Management Services shareholders clearly shows Hakainde Hichilema and his friends. Now Africa Life Financial Services administers the pensions fund at Saturna Regna Fund.”

Nawakwi continued.

“Who is Saturna Regna Fund? Who are the managers for Saturna Regna Fund? It’s called Benefit Consulting Services. Who are are the share holders? Menel Management Services and Botswana Insurance company. The same people are fund managers and the fund administrators and therefore when the workers at BP are saying that BP sent the money to Saturna Regna Fund and they haven’t paid,” Nawakwi said. “The court says you people go and find an independent assessor, they find an assessor called Benefit Consulting Services. Who are the shareholders of Benefit Consulting Services? Menel Management? And who are the shareholders of Menel Management? You have the list.”

Nawakwi said Hichilema and his friends could not be independent assessors of the fund they were managing. She argued that she was simply raising issues, which Hichilema needed to respond to, and should therefore not be accused of being a liar or even a stooge of the ruling PF.

“I have requested that we go in court so that these become part of the court record so I prove my case. Actually I don’t need to prove the case, I want to unveil the mask, the myth that one Hakainde S Hichilema the shareholder in Menel, Saturna Regna and all these is a hardworking person,” Nawakwi said. “Anglo-American at their departure they transferred money to Africa Life Services, up to this day the people involved have not been paid. Have they been sleeping? And this is my president to be. He can create a chain of companies and I’m scared, I am scared. You can talk about fire tenders, you can point at that one, that one you were naming them by names, you.”

Nawakwi accused Hichilema of being astute at “creating and masking companies.”

“I am just waiting for summons today. I am at home, and he knows where we made him president of UDA. That’s where I am, he should send his lawyers to deliver the summons. Because I have even moved away from Southern Sun, now I am dealing with the case of BP pensioners and Anglo-American pensioners,” Nawakwi said. “The challenge is has he got permission from his friends…he thinks we don’t research because we are trusting, we are sleeping. It’s simple. When you tell people that they are sleeping they wake up.”

Nawakwi said a record could not be changed, saying being a shareholder and manager was an anomaly in this country.

“So it’s Africa Life Financial Services date of registration 23rd April 1996. Shareholder; Botswana Insurance Fund Management, Menel Management, you are interested in Menel Management…and then you have Tiyende Pamodzi Consortium which you have seen in some documents, the shareholders are Menel Management Services, and you know who the owners of Menel Management Services are,” said Nawakwi.

Efforts to get a comment from Hichilema failed as his mobile phone went unanswered.

But Hichilema has sued Nawakwi for accusing him of selling Lima bank and a house belonging to the bank situated in Kabulonga.

Hichilema has since asked the Lusaka High Court to order Nawakwi to pay him damages for libel arising from the defamatory words which she caused to be broadcast and published on a radio programme entitled “ The Hot Seat” which was broadcast on the Hot FM and Kwintu FM on August 27, 2020.

Hichilema is demanding aggravated and exemplary damages, an order directing Nawakwi to retract the defamatory words; and an injunction restraining her whether by herself, her servants or agents or otherwise from further publishing or causing to be publishd or broadcast the defamatory words or any words similarly defamatory of him.

He further wants the court to order Nawakwi to reimburse the sums expended by the plaintiff in mitigating the effect of the defendants’ conduct towards him and arising from the publication of the defamatory words.

In addition, the plaintiff wants the court to order Nawakwi to pay interest on any sum found due to him, costs and any other relief the court might deem fit.

According to a statement of claim, filed in the Lusaka High Court principal registry, Hichilema stated that on August 27, 2020 during the course of a programme hosted by Zachariah Chavula on Hot FM and Kwanthu FM respectively caused to be broadcast and published by radio, by live internet streaming and by digital broadcast, words defamatory of him in relation to acquisition of a property in Kabulonga.

“I am saying that he got the house in serval road without declaring that he was doing a misdemeanor. If he has not been arrested by the law or if he has not been visited, he should continue to say “mwalikwisa.” Now you can not say that I have stolen because the owners are sleeping and go boasting around. I think that is unacceptable,” read the statement in part.

Hichilima stated that in their natural and ordinary meaning, the defamatory words meant and were meant to mean that he was a thief, a corrupt a person of questionable character and that he was guilty of numerous offences relating to the dissolution of Lima bank and sale of its assets, when in fact not.

He said aside from being defamatory of the plaintiff, the defamatory words were false and published maliciously.

Hichilema submitted that contrary to Nawakwi’s allegations, he had never acted as receiver, manager or liquidator of Lima bank as alleged or at all.

He stated that the house alleged by Nawakwi at Serval Road in Kabulonga had never belonged to Lima bank prior to him acquiring it.

Hichilema is being represented by lawyer Mulambo Haimbe of Messrs Malambo and Company. -Daily Revelation

THE HATE ON HH NOW HAS PROVED HIS THE MOST PREFARED PERSON FOR THE REPUBLICAN PRSIDENCY IN 2021 – SIKALUNDU STEMBRIDGE

This analysis weighs back from the times when HH was being retributed for the things he did not do, we were made to believe because of not knowing why they regime was doing so, in the passage of time i have tried in my view to analyse many issues, i have gathered to sample out and create an editorial opinion.

Zambians now Understand the strenght of ability which HH has exibited with mature political Intellect, he now posses a merit grade of perfect leadership quality and excellence ,his ideas are internationally associated to the global professional governance sysytem, the hopes of the zambian people are not to admire from other countries but to have a leader like HH who can implement these dynamics using innovative skills, discipline is what HH brings in his theory of private practice, the cheracter of excellence is represented regionally and international, this exposure has the capacity to transform our great country, we may not know what more is great about this true son of this country ,i recall when he was invited just to present a proposal on the economic program of action when he becomes president of this country, $28.5 billion was pledged for direct investment to our great county, this is the confidence we want from foreign corporating partners, we have endured with a govt that is abscessed with foreign loans, that have not been invested in productive sectors to create employment and generate wealth for the country, these loans have ended up being corruptly looted using the projects as a source of wealth for our leaders in govt, and today they still want to talk about privatisation, when it is in a clear form of how they have plundered state resources, this is a reality in the faces of zambians, we are told to celebrate development using unmanageable debt, are we that foolish not to know the implications of such govt decisions that has no vision to mitigate the effects they have caused on the people and the country?.

When the Economy started showing poor indicators, they rose to say HH is the causer, when president Lungu was commissioning the 385 Km road which was paged at a theft cost of $1.2 billion, HH advised the sicial economic impact on the nation, they said he was bitter and the chinese were good partners in development and yet it is a theft agenda, we have witnessed a number of accusations on HH, every Election that comes people are paid and used like toilet paper to talk about privitisation, accusing HH of being the beneficiary becaise he is rich and favoured by the people to become the 7th republican president, the privatisation exercise involved more than six hundred people including entities, how could just one person get away with everything from the entire MMD govt which had the most intelligent cabinet, PF should for once be logical and stop this street politics that has no substance, these tricks have expired, they have been used time over and again, PF must undersand they are not governing dull zambians, otherwise it is the opposite.

HH is a very straight man, listening from his interview on 4th septermber 2020, clearly if it was a game of pool, it is a white wash on PF, HH has explained and answered critical questions that needed clarity by PF and not the zambians,because we know it was a govt exercise by MMD, just like we cant question the PF on the fire tenders, the $27 million percieved to have been paid to Eskom, the partnering wih a foreign company @ $2.5 million for the Gold mine, his elaborations can not be matched even if PF is grouped together, they are simply noise makers, we need a leader, the exeptions and Excallence are in the character of HH, that is why they are fighting him using dull tricks because his intellectual standard prevails with charismatic purpose, we need him to change the criminalised govt system by mafias, he has promised to establish a professional govt, that will set attainable results, he says it is possible in everything we doubt, what is need is good leadership.

HH has the Anointment of leadership ,God hear us .

“He was a listed Director of Sun International Zambia and he did not disclose his interests”

ABOUT PRIVATIZATION: THE MOSIOTUNYA HOTEL MATTER

By Sean Tembo MBA, BAcc, FCCA, AIPZ, FCPA, FZICA – PeP President

1. Yesterday morning l was very happy when l heard that the UPND Party President, Mr Hakainde Hichilema was going to be featuring live on a special Hot FM program to provide further explanations to allay the allegations that had been leveled against him by Honorable Edith Nawakwi, the Party President for FDD, who at the time of privatization was the Minister of Finance under the FTJ Government. Like l have always said, these allegations of misconduct against Mr Hichilema are very serious, especially given his position as an aspiring President of this Republic. That is why l was not agreeable with Mr Hichilema’s initial approach of seeking to downplay these allegations by responding to them using Facebook and Twitter memes. I have always insisted that Mr Hichilema needed to explain himself in the same detailed manner that Honorable Nawakwi made her allegations. And am sure that l am not the only citizen that demanded for him to explain himself in detail. You see, the assets which Mr Hichilema is alleged to have misappropriated are national assets, and as a bonafide citizen of this Republic, that makes them my assets too. So l have every right to pursue this matter to its logical conclusion. The fact that l am a practicing Statutory Auditor, Chartered Accountant and Insolvency Practioner, gives me a privileged position to better understand the issues of corporate governance that are at play here. I would be failing in my duties as a citizen of the Republic if l did not use my privileged position of being qualified and experienced to actually help in explaining this national matter to my fellow citizens who might have the knowledge to understand it by themselves. That is the reason why l have written two articles on this matter since it arose last week, and this one is a third of such an article.

2. When l wrote my last article a few days ago, Mr Hakainde Hichilema’s lawyers had just written a demand letter to Honorable Edith Nawakwi. In that demand letter, they also sought to explain, on behalf of their client, three specific allegations. The first allegation was that Mr Hichilema had bought his Kabulonga house from Lima Bank which he was liquidating, the second was that he had undervalued RAMCOZ assets during privatization and the third was that during the sale of Mosiotunya Intercontinental Hotel, as Negotiating Chairman, he had ignored higher bids of $26m, $20m and $10 and instead sold the hotel to a lower bidder Sun International Zambia at $6.5m, which lower bidder he was a director in and has remained a director in. Like I indicated in my previous article, based on the explanations that Mr Hakainde’s lawyers had proffered on his behalf in the demand letter to Honorable Nawakwi, my view was that Mr Hichilema had reasonably been exonerated on the first and second issue, but not the third issue involving the sale of Intercontinental hotel. And so, during his Hot FM program yesterday, my attention was specifically directed on what his explanations would be on the last issue, and not necessarily the first and second issues.

3. Although the interview started a bit later than scheduled, l made sure that l remained glued to my two-band radio. I was happy to note that Mr Hichilema was very prepared for the interview. He did not only provide detailed and specific explanations, but he also backed up his assertions with documents, which was very commendable. However, this was only with regard to the Kabulonga House and RAMCOZ issues. On his sale of the intercontinental Livingstone hotel, Mr Hichilema failed to explain himself for the second time.

4. Mr Hichilema’s argument regarding his sale of Intercontinental Hotel is that he was not a SHAREHOLDER of Sun International Zambia, which bought the hotel. However, the allegations are not that he was a shareholder but that he was a DIRECTOR in Sun International Zambia at the time that him as Negotiating Chairman for the Zambia Privatization Agency decided to sale Mosiotunya Intercontinental Hotel to Sun International Zambia at a lower purchase consideration of $6.5 million when they were other higher bids including $26 million, $20 million and $10 million. During his entire protracted interview on Hot FM, Mr Hakainde Hichilema did not at any given time deny that he was the ZPA Negotiating Chairman in the sale of Mosiotunya Intercontinental Hotel in Livingstone. Neither did he deny that he sold the hotel to a lower bidder of $6.5 million when they were higher bids of up to $26 million. During the entire interview, Mr Hichilema did not deny the allegation that he was a Director in Sun International Zambia Limited which is a subsidiary of Sun International South Africa, and which was incorporated in Zambia on 18th November 1997. Neither did he deny the allegation that the process to sale the hotel started as early as July 1997, no that the sale was only concluded around March 1998.

5. The summary of the timeline of the allegations that were leveled against Mr Hichilema regarding the sale of the hotel, which Mr Hichilema failed to refute yesterday are that he was appointed as ZPA Negotiating Chairman for the sale of the hotel around July 1997 and that while he was ZPA Negotiating Chairman, he incorporated Sun International Zambia Limited on 18th November 1997 and in March 1998, he sold the hotel to a company that he had incorporated and in which he was a Director. My view is that these are very serious allegations regarding his conduct in the sale of the hotel, which Mr Hichilema failed to categorically deny yesterday. He would do well if he answered them at his earliest opportunity. The people of Zambia would like to know; was he the ZPA Negotiating Chairman in the sale of the hotel? Did the sale of the hotel commence around July 1997? Did he incorporate a company called Sun International (Zambia) Limited on 18th November 1997? Did he, as ZPA Negotiating Chairman sale the hotel in March 1998 to a company called Sun International (Zambia) Limited which he had incorporated a few months earlier, for a lower price of $6.5 million when they were higher offers as high as $26 million?

6. Now, let me address Mr Hichilema’s arguments regarding his role in the sale of the hotel. His first argument is that the Sun International offer came with a $50 million dollar investment promise. However, we are told that the Sun International offer was not the only offer that came with a promise of reinvestment. All the other offers came with comparable reinvestment promises, so there was nothing unique about the Sun International reinvestment promise. Mr Hichilema’s other argument is that the sale of the hotel to Sun International (Zambia) Limited is one of the few privatization success stories because it had remained operational up to now. Well, firstly there are plenty of the privatized companies which are operational and robust today, including Zambian Breweries, Zambia Sugar, ZANACO etc., and secondly the fact that a privatized company is robust and operational today does not excuse the illegality that might have taken place in its privatization process. The third argument that Mr Hichilema puts forward is that he was not a Shareholder in Sun International (Zambia) Limited. Like l earlier said, l have been very keenly following this privatization issue since it caught momentum last week and l don’t know of anyone who has accused Mr Hichilema to have been a shareholder in Sun International (Zambia) Limited, but a Director. So the quest by Mr Hichilema to answer an allegation which was not leveled against him and instead ignore one which was, is akin to that student who walks into an exam room and finds that none of the things that they had studied have come in the exam. So in order to show the examiner that they at least know something, they just begin to answer questions that have not been asked in the exam, simply because that’s all they can manage to do.

7. Allow me to now address the issue of whether the fact that Mr Hichilema was not a shareholder of Sun International (Zambia) Limited but only it’s Director would still mean there was a conflict of interest or not. The answer is a definite YES. There was a conflict of interest. The only question is whether Mr Hichilema declared interest or not. My take is that he most likely did not, because if he had, he would have been gleefully waving the declaration in front of the camera during his interview yesterday, in the same manner and fashion that he was waving his title deed for the Kabulonga house. The next question is whether such apparent conflict of interest would amount to a criminal offense or whether it is just an ethical and moral issue? Well, section 11 of the Zambia Privatization Act Cap 386 of the Laws of Zambia states “if any person is present at a meeting of the Agency or any committee of the Agency at which any matter is the subject of consideration and in which matter that person or his immediate family or his professoinal and business partners, is directly or indirectly interested in a private or professional capacity, he shall, as soon as is practicable after commencement of the meeting disclose such interest and shall not, unless the Agency or the committee otherwise directs, take part in any consideration or discussion of or vote on, any question touching on such matter”.

8. Indeed, section 11 of the Zambia Privatization Act, Cap 386 of the Laws of Zambia above is very clear.

Therefore, if Mr Hichilema did not declare interest, which l doubt he did, then he possibly committed a criminal offense. If indeed he committed a criminal offense in the sale of Mosiotunya Intercontinental Hotel in Livingstone, the next question is what are the penalties?

Well, this question is answered by section 48 of the same Act, which states “a person who knowingly falsifies any information or KNOWINGLY DOES NOT DISCLOSE ANY MATERIAL FACTS or solicits for his own use or as agent of any other person any confidential information relating to the privatization of a State Owned enterprise shall be guilty of an offense and shall be liable on conviction to a fine not exceeding fifty thousand penalty units or to imprisonment for a term not exceeding five years, or to both”. There you have it.

/// END

SET 05.09.2020

By Patricia Mbewe

New Hope MMD President, Dr. Nevers Mumba says the intention of the current debate on privatization is meant to audit the nation and a call to accountability.

Dr. Mumba feels this debate has initiated a cleansing process for the country and that the responsibility on UPND Leader, Hakainde Hichilema’s shoulders is to rest the allegations raised against him by FDD leader Edith Nawakwi.

He has explained that the MMD’s intention and policy during the privatization era was to restructure the economy by privatizing the loss making parastatals and that the exercise was not without difficulties as mismanagement and corruption characterized most transactions.

Dr. Mumba states that until Zambia conclusively deal with this matter, it will not learn from the mistakes of the past.

He adds that the issue of privatization is only a trigger to bring all leaders to account and review the strength and integrity of institutions saying if this problem is not fixed now, Zambia will fail to fix the problem of tomorrow, when the pf leaves government.
PHOENIX NEWS

By Dr Nevers Sekwila Mumba

President, MMD
4th September 2020

Lusaka

God has remembered Zambia. The intention of the current debate on privatization is meant to audit the nation. It is a call to accountability on both sides of the aisle.

The MMD’s intention and policy was to restructure the economy by privatizing the loss making parastatals. This singular move created a new private driven economy and raised the economic profile of our nation. The exercise was not without difficulties. Mismanagement and corruption characterized most transactions.

Until we conclusively deal with this matter, Zambia will not learn from the mistakes of the past. Today God has remembered Zambia by bringing back this subject in order to bring closure and audit ourselves as a nation.

The issue of privatization is only a trigger to bring all leaders to account and review the strength and integrity of our institutions. If we don’t fix the problem of yesterday, we shall fail to fix the problem of tomorrow, when the PF leaves government. Privatization revealed the weaknesses of our system. The overpriced infrastructure contracts of today can only be fairly prosecuted if we identify the problems arising from the privatization exercise. We should therefore not be shaken when any one of us seeking the trust of the people is asked to account for anything we are suspected to have done.

This is not the first time we have been accused, arrested and thrown in jail. It is the right of both the State or any individual to ask us any question. Our role is to provide answers in an honest manner. The PF in 2011 decided to accuse me of misappropriation of funds in Canada during my service as High Commissioner. My job was to clear myself. It took seven long years to clear name from the allegations. So we are not intimidated to stand in any court and prove our innocence. We now have an opportunity to get the same levels of accountability from our colleagues in government.

This is the healing moment Zambia has been waiting for. Now Zambians can demand that the same question asked to Hakainde Hichilema be asked to the current crop of leaders in the PF government. How did they get rich on a government salary? We shall finally get all the answers we have been waiting for. Who took the extra $750,000.00 from each of the 42 fire engines? What have we done with the over $15 billion debt contracted.

To clean up of our society, Zambians have to put aside the divisive political affiliations, the segmentation of society along tribal or racial lines and face this opportunity as one people. We must march to State House together and stay there for as long as it takes until we get all the answers we have been waiting for. Anything less than such an approach will be a futile exercise. This is the revolution we have been waiting for. The revolution for truth and accountability.

For this reason, we welcome the questions being asked by Hon Nawakwi or anyone else as long as they are asked in good faith and in the interest of the nation. We expect that Mr Hichilema shall answer these questions. That’s what we do as presidential candidates. We answer questions so that the voter is clear when making a decision to cast the vote. But we also must demand that the leaders in government answer questions about their source of wealth individually.
This is a great day for Zambia.

My fellow Zambians, our nation cannot survive another five year cycle without a deep cleansing of the system of governance. Whatever the intention of this debate is, God has initiated a cleansing process for the country. The responsibility on Mr Hichilema’s shoulders is to look into the camera and lay to rest the allegations as raised by Hon Edith Nawakwi. This will give an opportunity to Zambians to demand the same from the ruling PF. Going by the recent history of the PF, we expect them to refuse to account for their activities in office. It is at this point that we are calling on Zambians from all corners to march together to demand for answers from our leaders. This movement is irreversible.

2021 should give Zambia a new package of clean and accountable leadership which will take advantage of a new sanitized system of government. We must start afresh beyond 2021.

This planned march dubbed MARCH ON LUSAKA shall signal the rebirth of our country in as far as accountability is concerned.
I call on all Zambians not to lose this opportunity to correct the wrongs that have long impeded the growth of our economy.

May God bless our Republic

I thank you.

#ZambiaShallBeSaved
#NewHopeForZambia

Some of us from the beginning, we knew very well that HH is not a Satanist. We knew HH is not a tribalist, and that HH did not sale any mine in Zambia as alleged by his political opponents.

However, some CURTAILS of thieves, tribalist and evil men and women in PF government have been working tirelessly to make sure HH doesn’t govern this country at all cost by accusing him. What is this if not hatred? What is this if not Satanism? What is this if not wickedness?

This hatred against HH by the PF government is deep. This is why they have even been attempting to assassinate him on several occasions. They know that if given a chance to govern Zambia, there will be order in the country and thieves will have no peace.

Edgar Lungu is on record making insulting remarks against the people of Southern province, were he said and I quote ” I know one day a Tonga will rule Zambia, but not HH.” Just these remarks shows how shallow minded and irresponsible Lungu has been. We know very well that HH is being persecuted in this whole saga just like they have been throwing him in and out of prisons without cases to answer all simply because of politics.

If Edgar Lungu, can order police to detain a fellow citizen in the name of HH and confine him in a small police cells without toilets where there are faeces on the floor, what more do we Zambians wants to know about how wicked Edgar Lungu and his PF government are? The great thing about all this is that, God is above wicked people like Edgar Lungu and his minions.

God will bring them down nor sooner than later. They will not continue holding our nation hostage as though it is their homes.

Yes, today and just like before, HH has proven beyond reasonable doubts that he bought his properties in a clear and transparent manner, but how many of you PF government officials and all the surrogates trying to smear faeces on HH will be able to account for all the riches you have acquired overnight when your time come?

Bamwankole, izakafika nthawi yanu to tell the world how you got rich overnight.

SIKAILE GOOD GOVERNANCE AND HUMAN RIGHTS ACTIVIST

HAKAINDE Hichilema poses the greatest risk to the PF’s continued stay in power hence the privatisation mudslinging campaign using Edith Nawakwi, says Mufulira senior citizen Pepino Kashishi.

Kashishi, a retired employee of ZCCM, has questioned how a single individual could circumvent an elaborate system in the privatisation process to personally give recommendations directly to a minister.

He wondered why and how a minister (Nawakwi) allowed such a procedural lapse to occur.

Kashishi has expressed disgust at attempts by the public media institutions to systematically condemn Hichilema without giving him the platform to give his side of the story.

An avid reader, writer and social commentator, Kashishi has questioned where the entire cabinet in which Nawakwi was finance minister was when Hichilema did what he has been accused of doing in the privatisation process.

“I wish to comment on the renewed allegations of impropriety in the sale of state enterprises against UPND leader Hakainde Hichilema and especially those by Edith Nawakwi, FDD president. On the TVZ [ZNBC] Sunday Interview programme on 30 August, 2020, neither the host, Grevazio Zulu nor the guest, Edith Nawakwi, made any reference to the role of the Zambia Privatisation Agency (ZPA) in the sale of state companies. If they did it was done fleetingly and I missed it. The host should have asked more probing questions especially in this regard. As it was, the picture painted by Nawakwi was that HH acted alone as consultant and chair of some unnamed committee charged to sale the Livingstone InterContinental Hotel and that he made misleading recommendations in person to her as then minister of finance that resulted in selling this entity in a fraudulent manner and HH made personal gain from this transaction,” he said. “How did the minister accept any recommendations directly from a consultant against the implementation guidelines under the Zambia Privatisation Act No.386 of the Laws of Zambia?”

Kashishi explained that the ZPA Act provides for the privatisation and commercialisation of state owned enterprises and established the Zambia Privatisation Agency to “plan, manage, implement and control of the privatisation of state owned enterprises in Zambia.”

He said established under the same law are a board and a management team to deal with the day-to-day running of the agency.

He further said the cabinet and not the minister of finance, was given the final authority over the privatisation programme.

Kashishi said even the list of enterprises to be privatised and the order in which this was to be done had to be approved by cabinet.

He said ZPA advised on the mode of sale in each case but that cabinet gave the final approval.

Kashishi also stressed that the procedure, except for ZCCM which had its own negotiation team, all other state enterprises had a ZPA negotiation team consisting of ZPA staff, business analysts and consultants.

“These teams prepared tender packages on each entity to be sold and on which bids were made by potential buyers. These were public bids and evaluated by the same ZPA negotiation teams. The teams then made recommendations to the members of the ZPA board who then shortlisted the bids for further negotiations before a final decision was made,” he said. “Price consideration had to be matched against the potential of the bidder to improve the enterprise to be sold based on their record. But the Sunday Interview attempted to cast this in a dark manner. Among the members of the board were the permanent secretary for finance, permanent secretary for commerce and industry and the Attorney General, among many other representatives from various organisations appointed by the President. How then did HH manage to circumvent such an elaborate system to personally give recommendations to the minister and why and how did the minister herself allow such a serious procedural lapse to occur? And where was the whole cabinet in all of this? Admittedly, rules and procedures are usually broken or circumvented when under the table deals are made. But the picture painted in the Sunday Interview was that it was standard procedure for a consultant to give his own recommendations directly to the minister of finance on the sale of state enterprises they were tasked to sale without necessarily involving ZPA.”

Kashishi said Hichilema as a Zambian has suffered a lot at the hands of the ruling party and was once placed under filthy detention on a serious charge of treason for a traffic offence in Mongu.

He also wondered why Hichilema has not been prosecuted by successive regimes if, indeed, he committed any crimes.

“It is my considered view that these allegations against HH are just a sustained way by the Lungu PF administration to paint black Hakainde Hichilema with the purpose of pulling him down because he poses the greatest risk to their continued stay in power,” he said. “It is not the purpose of my statement to judge HH as innocent or otherwise. But I am disgusted at this systematic attempt to condemn HH without giving him the necessary platform to give his side of the story. It has always been a one sided stream of accusations on ZNBC and other tax payers’ funded public media. Taking everything into the right perspective why hasn’t HH been prosecuted for this by the current and previous regimes? This Zambian has been arrested, gassed and detained on very flimsy grounds such as merely impeding the flow of a presidential motorcade for which he was charged with a very serious crime of treason and had to spend months in filthy detention. In case we have forgotten, Francis Kaunda, the last chairman and CEO of ZCCM who later headed the GRZ/ZCCM negotiation team by a presidential appointment, was jailed in 2008 for two years with hard labour. He was imprisoned for abuse of office and (with the then Access Financial Services director, Faustin Kabwe) for conspiracy to defraud. This was for offering Ndola Primary School for sale to Ndola Trust School. The crime was a misdemeanour but Judge Edward Musona who presided over the case noted the seriousness under which the crime was committed as it was against the privatisation guidelines and thus prejudicial to the interests of the government. However, both were later acquitted on appeal by the High Court on account that ‘they had no mandate for such an act’, i.e. selling the primary school.”

Kashishi said he was making a reference to “this to illustrate how the allegations against HH, which in my view are more serious than the Kaunda/Kabwe cases, should have been treated if there was evidence as is being claimed”. “HH himself has even offered to be prosecuted and has placed some bounty on the evidence that could be produced on the allegations. But nothing, so far, has happened. Why?” he wondered.

He said if an integrity test was to be conducted on Hichilema as it was being suggested by some quarters, it must be extended to both President Edgar Lungu and Nawakwi herself before next year’s elections.

“And if ZNBC are truly a professional national broadcaster, let them accord HH the same platform now as they gave to Nawakwi so that we hear his side of the story. Otherwise the allegations including the Nawakwi Sunday Interview, in my view, should be treated simply as misguided political gimmicks and with the contempt that they deserve,” said Kashishi. “The allegations should be treated as political persecution that HH and his UPND continue to suffer in a democratic and Christian nation that we claim to be but, in reality, are not. And talking about some news media unprofessionalism as Mr. Amos Malupenga, PS for information, recently pointed out, he should first deal with the unprecedented high unprofessionalism at ZNBC which is under his watch, before going to other news media houses.”

Former finance minister Dr Katele Kalumba has revealed that late president Levy Mwanawasa decided not to prosecute UPND leader Hakainde Hichilema for personally benefiting from the privatisation programme in an attempt to get political support from Southern Province.

“Politics is a game of chance, as MMD with our leadership being president Levy Mwanawasa, he took a stance that he should not fight against any Southerner in order to get support from Southern Province,” Dr Kalumba revealed during Hot FM’s What’s Hot in the News programme today when asked to comment on the ongoing privatisation debate which has seen FDD leader Edith Nawakwi accusing Mr Hichilema of amassing ill gotten wealth.

He said the issue at stake was a question of whether or not there were any vested interests that were not declared by individuals involved in the privatization of public assets and that Mr Hichilema, therefore, needed to answer the question as to whether he declared interest or not.

“The simple issue at stake here is a question whether there are any vested interests that were not declared by individuals involved in the privatization of public assets. For instance, did Mr Hichilema have any interest at all in those that were buying state assets. And that did he or did he not declare those interests? That’s all, yes or no. simple question. I personally been through that process were Zambians required me to account. Say, did you steal a BMW from the office of the President? And I accounted and the courts of Law said no you didn’t. Did you spend 8,400 lavishly without responsibility, without accountability, and I have argued in the courts of Law. That 8,400 you are talking about got Zambians US$78million from the British government. The cocktail parties, the dinners that I was hosting for the British government, we got US$78million to repair Nkana smelter,” he said, and wondered why Mr Hichilema was having difficulties to explain the issues at hand.

Meanwhile, the former minister says privatization of national assets which happened in the MMD era was not just a good thing but was necessary and essential for Zambia to survive.

Dr Kalumba said the then government felt it was vital to liberalize the economy through privatization considering the fact that the country was economically going down and going down badly.

He said the country recorded progressive results following the privatization process.

PRIVATIZATION SUMMARY: OF 270 COMPANIES, BY THE MMD GOVERNMENT,

HAS PF, LUNGU & NAWAKWI READ THIS?

Status Report on Privatisation of 270 tate-Owned Enterprises as at 30th November 2010

(The sale value mentioned here refers to unrebased Kwacha)

1.AFE Limited – F.C Ndhlovu K700million.

2. Agip Zambia Agip Petrolli of Italy $850,000.00

3. Africa Bounds,non operational, dissolved

4. Amalgamated Milling – Ghirardi Milling Company

Ghirardi Milling was handed back to original owner due to court decision.
Document signed 15 May 1996

5. Amalgamated Milling – Roncaglia Mill

Amalgamated Milling – Roncaglia Mill was sold on competitive tender basis to all Terrain motors Limited for a purchase consideration of K252 million cash.

6. Anros Industries Limited

Non-operating company dissolved by ZIMCO

7. Auto Care Limited

Autocare was sold on competitive tender basis to Astro Holding Limited of Lusaka for the total purchase consideration of K178.2 million

8.BP Zambia – Zamlube Re-refiners

Zamlube, a 100% owned subsidiary of BP (Zambia) was privatised upon the privatisation of BP

9. BP Zambia Limited

25% shares plus one share were sold to BP Africa under rights of pre-emption for $3.3 million. The remaining 25% shares will be offered on public flotation. The final share holding will be BP Africa – 75%, Public – 25%.

10. Bangweulu GMA – Shoebill Camp

Shoebill is leased by the Ministry of Tourism to G.W Safaris Limited on a right of first refusal basis.

11. Blue Lagoon Park – Nakeenda Lodge

Blue Lagoon is leased by the Ministry of Tourism to Baobab Safaris on a competitive tender basis.

12. Blue Lagoon Park – Shamikobo Camp

Blue Lagoon is leased by the Ministry of Tourism to Tully Ho Safaris.

13. Buildwell Construction

Buildwell Construction was dissolved for being non-operational.

14.Cape Kachese

Cape Kachese was handed back to previous owner due to government decision. Consideration paid to Ministry of lands.

15. Chico Milling

Chico milling was handed back to the previous owners. A consideration of K30 million was paid for property in Kitwe as part of the hand over.

16. Chilanga Cement Limited

26% shares in chilanga cement was sold on a pre-emptive right basis to commonwealth Development Corporation for US$ 5.4 million cash, bringing their total shareholding to 50.1%. A further 6.5% of shares were sold to Zamanglo Industrial Corporation Limited (ZAMIC) of Lusaka for US$ 150, 092 under a judgement order by the high court. The shareholding of the privatised company is as follows:
CDC 50.1%
ZAMIC 12.6%
Public 37.3%

17. Chimba Crocodile Farm

Chimba Crocodile Farm was handed back to original owners due to government decision.

18. Choma Milling Company

Choma milling was sold on competitive tender to Nshima Ltd of Lusaka for K1 billion plus liabilities of K200 million.

19. Cleanwell Dry Cleaners

Cleanwell Dry cleaners was sold on competitive tender to Swan Dry Cleaners for a total package of K89 million.

20. Consolidated Tyre Services

CTS was sold on competitive tender basis to Jane Chibulu Penza & Amon Kambole Sikazwe for K760 million cash.

21. Coolwell systems Ltd.

Coolwell systems Limited was sold on competitive tender basis to Professor F.D Yamba of Lusaka for the Kwacha equivalent of US$ 74 000 for shares deferred over 20 quarters with interest @ 10% and the principal to be repaid in three equal annual instalments beginning with the end of the third year.

22. Crested Crane Hotel

Crested Crane Hotel was sold on competitive tender basis to Mr Charles Mpundu for the purchase consideration of k11.10 million cash.

23. Crushed Stone Sales Ltd.

Crushed Stone Sales was sold to MBO Team on competitive tender basis for K110 million deferred over a five year period.

24. Dairy Produce Board – Chipata

DPB Chipata was sold on competitive tender basis to Pyanjala (Eastern Dairies) for $150,000 plus K6 million cash.

26. Dairy Produce Board – Kabwe

DPB Kabwe was sold on competitive tender basis to Kabwe Farmers Co-operative Society for K24 million cash.

27. Dairy Produce Board – Lusaka, Mazabuka, Kitwe, Chingola, Mufulira

DPB Lusaka, Mazabuka, Kitwe, Chingola and Mufulira depots were sold on competitive tender basis to Bonzam Ltd for
US$ 800,000.

28. Dairy Produce Board – Ndola

DPB Ndola was sold on competitive tender basis to Northern Dairy Ltd for K35 million cash.

29.Duncan, Gilbey and Matheson (Z) Limited

40.7% of the company’s shares were sold on right of pre-emption to Douglas Morgan Limited, a private company incorporated in the Bahamas for US$ 77,000 cash.

30. Dunlop (Zambia) Limited

24% GRZ Shares in Dunlop (Zambia) Limited were sold for US$51,375.21 on right of pre-emption basis to Dunlop Africa investments Limited.

31.Eagle travel Limited

Eagle travel Limited was sold on a competitive tender basis to Quantum investments Limited of Lusaka for a total price of K157, 135,900.

32. ENGINEERING SERVICES CORPORATION
(ESCO)

33. ESCO LUSAKA

National Pension Scheme Authority purchased the

Lusaka property for k13,000,500,000.00 in October 2008

NAPSA had awarded a contract to G5 Group of South Africa and a consortium of Zambian companies to construct a multi purpose business Complex Known as Levy Junction Business Park

33.Elephant’s Head Hotel

Elephant’s Head Hotel was sold on competitive tender basis to Chainama Hotel Ltd for K410 million cash.

34. FDS – Kabwe

Forest Department Sawmill Assets of Kabwe were sold on competitive to Kabwe Press for the purchase price of K18, 050,000 cash.

35.FDS – Solowezi

Forest Department Sawmill Assets of Solowezi were sold to Pittsburg Engineering Limited for the purchase price of K11.5 million cash.

36. General Pharmaceuticals Limited

General Pharmaceuticals was sold on competitive tender basis to Mutashi Limited of Lusaka for the total price of K250 million.

37. Indeco Milling – Kasama Mill

Indeco Milling – Kasama Mill was sold on competitive tender basis to GBM Trucking Zambia Limited for K1, 281,958,000 cash plus all liabilities.

38. Indeco Milling – Luangwa Mill

Indeco Milling – Luangwa Mill was sold on competitive tender basis to Goodward Mulubwa for K90 million cash.

39. Indeco Milling – Mansa Mill

Indeco Milling – Mansa Mill was sold on right of first refusal to MBO for K150 million payable K15 million cash and balance deferred.

40. Indeco Milling – Mukushi Mill

Indeco Milling – Mukushi Mill was sold on right of first refusal to MBO for K115 million payable K25 million cash and balance deferred.

41. Indeco Milling – Mongu Mill

Indeco Milling – Mongu Mill was sold on competitive tender basis to APG Motors Ltd of Lusaka for K450 million cash plus all liabilities.

42. Indeco Milling – Ndola Mill

Indeco Milling – Ndola Mill was sold on competitive tender basis to Dr R.L Mahtani of Ndola for US$ 1million cash plus take over of K3.2 billion Liabilities

43. Indeni Petroleum Refinery Company Limited

5% Shares of GRZ’s 50% shares in Indeni Petroleum Refinery were offered to the Zambia privatisation Trust Fund (ZPTF) for future floatation in the Zambia Public. The ZPTF accepted the offer in August 2003.

44. Intercontinental Hotel – Livingstone

Intercontinental Hotel – Livingstone was sold on competitive tender to Sun international of South Africa for the purchase price of US$6.5 Million. The purchase included leasehold rights to Rainbow Lodge.

45. Intercontinental Hotel – Lusaka

Intercontinental Hotel – Lusaka was sold on competitive tender to Marasa holdings of Uganda for the purchase price of US$8.8 million.

46. KM Katai

KM Katai was handed back to the Administrator of the Estate of KM Katai, Talwakalumo Enterprises due to Government decision.

47. Kabwe Industrial fabrics Limited

Kabwe Industrial fabrics Limited was sold on competitive tender to Namibstar (Pty) Ltd and Knightsbridge Industrial Investment for the purchase consideration of US$ 300,000 cash plus liabilities.

48. Kacholola Hotel

Kacholola Hotel was sold on right of first refusal to MBO and equity partner, Dr Moses Banda for K28 million payable K21 million cash and the balance deferred over 1 year.

49. Kabwe Tannery Limited

50. Kafironda Limited

34% Shares in Kafironda Limited was sold on right pre-emption to ICE Explosives (Africa) Limited for a purchase consideration of US$ 783,902 cash.

51. Kafue National Park – Kafwala Camp

Kafwala Camp is leased by the Ministry of tourism to Busanga Trails Limited on a right of first refusal basis

52. Kafue National Park – Lufupa Camp

Lufupa Camp is leased by the Ministry of tourism to Busanga Trails Limited on a right of first refusal basis.

53. Kafue National Park – Moshi Camp

Moshi Camp is leased by the Ministry of Tourism on competitive tender to Star of Africa (Pvt) Limited jointly owned by Callow Ventures (Pty) limited registered in British Virgin Islands and the Zimbabwe Sun Limited.

54. Kafue National park – Muyukuyuku Picnic Spot

Mayukwayukwa Picnic Spot has been leased by the Ministry of Tourism to Pro Africa Safaris for 15 years.

55. Kafue National Park – Ntemwa Lodge

Ntemwa Lodge is leased by the Ministry of Tourism on competitive tender to Chilongozi Safaris, formerly Tongabezi River Safaris.

56. Kafue national Park – Nanzhila Park

Nanzhila is leased by the Ministry of Tourism to Chundukwa Adventures on a competitive tender basis

56. Kafue National Park – Treetops Camp

Treetops Camp is leased by Ministry of Tourism to Treetops Management Committee on a competitive basis.

57. Kapiri Glass Products limited

89% shares in Kapiri Glass products were sold of pre-emption to Floco of Hamburg for US$1.4million plus liabilities and investment commitment of US$7 million bringing their shareholding to 98%. The remaining 2% shares are held by Zambia National Provident Fund.

58.Kawambwa Tea Company

Kawambwa Tea was sold on competitive tender basis to Metal Distributors (UK) Limited for K400 million cash.

59.Kafue Textiles (Zambia) Limited

The assets of KTZ were sold to MB International, a Zambian
Company for a purchase consideration of US$ 1million. MB International also agreed to write off K 1.2 billion owed to them by KTZ.

60. La Hacienda Hotel

La Hacenda Hotel was sold on competitive tender basis to Stanford M Hlazo of Mumbwa for K25 million cash.

61.Lake Hotels Limited

Lake Hotels was sold on competitive tender basis to Hon. Ben Mwiinga for US$611,400 plus all liabilities payable US$35,700 cash and the balance deferred over a 2 year period.

62. Lint Company of Zambia Chipata Unit

Lintco –Chipata was sold on competitive tender basis to Cotton of South Africa for Rand 3 million cash.

63.Lint Company of Zambia Gwembe Unit

Lintco – Gwembe was sold on competitive tender basis to Lonrho Zambia for US$2 million cash.

64. Lint Company of Zambia Lusaka Unit

Lintco – Lusaka was sold on competitive tender basis to Lonrho Zambia for US$4 million cash.

65. Lochinvar Camping Site

Lochinvar Camping Site together with Lochinvar Park – Community Camp Site were not available for leasing and were handed over to the community. These camps are on one site and being run by the community themselves.

66. Lochinvar Park – community Camp Site

Lochinvar Park – Community Camp Site together with Lochinvar Camping Site were not available for leasing and were handed over to the community. These camps are on one site and being run by the community

67. Lower Zambezi Park – A1 Chiawa Site

Chiawa Site is leased by the Ministry of Tourism to G & G Safari on a competitive tender basis.

68. Lower Zambezi Park – A2 Chifungulu Site

A2 Chifungulu Camp is leased by the Ministry of Tourism to Hartobezi Safari on a competitive tender basis.

69. Lower Zambezi Park – A3 Mwambashi Site

Mwambashi Site is leased by the Ministry of Tourism to Zambezi River Safaris on a competitive tender basis.

70. Lower Zambezi Park – B1 Nkalange Site

Nkalange Site is leased by the Ministry of Tourism to River Horse Safaris on a competitive tender basis.

71. Lower Zambezi Park – B2 Chifungulu Island Site

B2 Chifungulu Camp is leased by the Ministry of Tourism to Tongabezi Safaris on a competitive tender basis.

72. Lower Zambezi Park – B3 Musanga Camp

B3 Site is leased by the Ministry of Tourism to Kiambi Safaris on a competitive tender basis.

73. Lower Zambezi Park – Munsensenshi Site

Munsenseshi Site has been leased by the Ministry of Tourism to Wilco Limited on a competitive tender basis.

74. Lower Zambezi Park – Mushika Site

Mushika Site has been leased by the Ministry of Tourism to Safaris Expeditions (Z0 Limited on a competitive tender basis.

75. Luangwa Industries

Luangwa Industries Limited was sold on a competitive tender basis to TATA (Z) Limited for the purchase consideration of US$379,876.20

76.Lublend Limited

48.9% additional GRZ shares in Lublend (Zambia) Limited were sold for US$104,157 Mobil, Agip and Total on right of pre-emption basis. However, Caltex did not take up the offered shares which will be re-offered to the three oil companies on the basis of their current holding.

77. Lukanga Investment and Development Company Limited

Lukanga Investments and Development Company was sold under creditors receivership.

78. Lundazi Castle Hotel has been leased to Mr. Chifumu Banda and Rodgers Kunika for a period of 25 years.

79. Lusaka Engineering Company Limited

60% ZIMCO shares in Lusaka Engineering were sold on competitive tender to Amanita Zambiana for a total package of K1.8 billion.

80. Lyambai Hotel

Lyambai Hotel was sold on competitive tender basis to Josiah Situmbeko Songongo et al of Lusaka for K55.2 million payable K27.6 million cash and balance deferred over 1 year.

81. Maamba Collieries Limited

Nava Bharat Ventures (Pte) of Singapore paid US$ 26.07 million for 65% shares in MCL. However, the actual purchase consideration paid was nil since after the completion accounts were prepared the liabilities of Maamba were about US$92.6 million which was significant higher than the value of the coal mine net of liabilities at US$40.12 million. ZCCM IH retained 35% shares in Maamba.

82. MEMACO Farm – Four Farms (One Lot)

Memaco Farms 1088, 1824, 1872 and 1873 were sold on competitive tender basis to Amedeaus International of Lusaka for US$232,000 cash.

83. MIL Construction Limited

MIL Construction was sold on right of first refusal to MBO for K120 million payable K12 million cash and balance deferred.

84. MIL Engineering & Tooling

MIL Engineering & Tooling was on right of first refusal to MBO for K220 million payable K88 million cash and balance deferred.

85. MIL Sawmilling & Joinery Limited

The 100% GRZ shares in MIL Sawmilling and Joinery were sold to Integrated Management Services Limited (IMSL) for a purchase price of K140 million. This was after the Government, Mulungushi Investment Ltd(in liquidation) and SGM Associates Ltd entered into a Novation Agreement with IMSL relating to the Agreement for the Sale and Purchase of Shares of the company.

86.Mansa Hotel

Mansa Hotel was sold on right of first refusal to MBO for K225 million payable K22.5 million cash and the balance deferred.

87. Metal Fabricators of Zambia Limited

33% shares in ZAMEFA were sold on right of pre-emption to Phelps Dodge for US$3.2 million bringing their shareholding to 82%. The remaining 18% shares were transferred to the Zambia Privatisation Trust Fund.

88.Mindeco Small Mines Limited

Mindeco Small Mines was sold on competitive tender basis to MBO and Technical Partner for K183 million.

89. Mosi oa Tunya –Makumbi Launch Site

Launch Site has been leased by the Ministry of Tourism to Eagle Travel Limited on a competitive tender basis.

90. Mosi oa Tunya Park – Fairyland Camp

Fairyland Camp is leased by the Ministry of Tourism on competitive tender to Star of Africa(Pvt) Limited jointly owned by Callow Ventures (Pty) Limited registered in British Virgin Islands and the Zimbabwe Sun Limited.

91. Mpelembe Drilling Limited

Mpelembe Drilling Limited was sold on competitive tender to the MBO Team for the purchase consideration of K335 million.

92.Mpende Fisheries

Mpende Fisheries was handed back to owner due to Government decision

93. Mwaiseni Stores Limited
Holding Company dissolved after privatizing operating units.

94.NDC Property – Chililabonbwe (Ref: 210 CB)

NDC Property – Chililabombwe (Ref: 210 CB) was sold on competitive tender basis to Zambezi Snack Bar for the total purchase consideration of K35 million.

95. NDC Property – Kabwe (Ref: 206 KB)

NDC Property – Kabwe was sold on competitive tender basis to sigma Investments for the total purchase consideration of K33 million.

96. NDC Property – Livingstone (Ref: 207 LS)

NDC Property – Livingstone (Ref: 206 LS) was sold on competitive tender basis to Lukoma Holdings for the total Purchase consideration of K35 million.

97. NDC Property – Mazabuka (Ref: 209 MB)

NDC Property – Mazabuka (Ref:209 MB) was sold on competitive tender basis to Mrs Anne Mung’omba for the total purchase consideration of K67 million.

98. NDC Property – Monze (Ref: 208 MZ)

NDC Property – Monze (Ref: 208 MZ) was sold on competitive basis to Mandes Supermarket for the total purchase consideration of K31 million.

99. NDC Property – Mufulira (Ref: 204 MF)

NDC Property – Mufulira (Ref: 204 MF) was sold on competitive tender basis to Sunbird Drug Stoare for the total purchase consideration of K25 million

100. NDC Property – Ndola (Ref: 203 ND)

NDC Property – Ndola) was sold on competitive tender basis to Chemopharm Limited for the total purchase consideration of K250 million

101.NDC Property – Parklands Kitwe (Ref: 202 KW)

NDC Property – Parklands Kitwe (Ref: 202 KW) was sold on competitive tender basis to Jin Feng Limited for the total purchase consideration of K48 million

102. NHDC – Chichele Lodge

Chichele Lodge is leased by the Ministry of Tourism on Competitive tender to Star of Africa (Pty) Limited jointly owned by Callow Ventures (Pty) Limited registered in Britain Virgin Islands and The Zimbabwe Sun Limited

103.NHDC – Kasaba Bay Lodge

Kasaba Bay Lodge is leased to Eco-Tourism by the Ministry of Tourism.

104. NHDC – Lochinvar Lodge

Lochinvar Lodge is leased by the Ministry of Tourism on competitive tender to Star of Africa (Pty) Limited jointly owned by Callow Ventures (Pty) registered in Britain Virgin Islands and the Zimbabwe Sun Limited.

105. NHDC – Mfuwe Lodge

Mfuwe Lodge has been leased by the Ministry of Tourism to Mfuwe Trails (Z) Limited on a competitive tender basis.

106. NHDC – Mufulira Hotel

Non-operating hotel closed by Directorate of State Enterprises.

107. NHDC – Nkamba Bay Lodge

Nkamba Bay Lodge has been leased by the Ministry of Tourism to Game Trackers Safari Limited on a competitive tender basis.

108. NHDC – Pamodzi Hotel

70% shares in Pamodzi Hotel were sole don competitive tender to TATA Zambia Ltd for the purchase consideration of US $2,536,000.00 plus all liabilities. The remaining shares will be offered on Public flotation

109. NHDC – Rainbow Lodge

The sale of Intercontinental Hotel – Livingstone on competitive tender to Sun International of South Africa for the purchase price of US $6.5 million included the leasehold rights to Rainbow Lodge.

110. NHS Property – Cairo Road (Ref: 301 LK)

NHS Property – Cairo Road (Ref: 301 LK) was sold on competitive tender basis to Shoprite for the total purchase consideration of SA Rand 1,136,000.

111. NHS Property – Kabwata, Lusaka (Ref: 302 LK)

NHS Property – Kabwata, Lusaka (Ref: 302 LK) was sold on competitive tender basis to Valachi Enterprise for the total purchase consideration of K155 million.

112. NHS Property – Kitwe Matuka Ave (Ref: 303 KW)

NHS Property – Kitwe Mastuka Ave. (Ref: 303 KW) was sold on competitive tender basis to Shoprite for the total purchase consideration of SA Rand 856,000.

113. NHS Property – Livingstone (Ref: 307 LS)

NHS Property – Livingstone (Ref: 307 LS) was sold on competitive tender basis to Shoprite for the total purchase consideration of SA Rand 112,000

114.NHS Property – Mufulira (Ref: 304 MF)

NHS Property – Mufulira (Ref: 304 MF) was sold on competitive tender basis to Pep Stores Ltd for the total purchase consideration of US $110,000 cash.

115. NHS Property – Ndola (Ref: 306 ND)

NHS – Ndola was sold on competitive tender basis to Pepkor of South Africa as part of a package deal with ZCBC – Cairo, Lusaka and ZCBC – Kitwe for the total purchase consideration of SA Rand 7.5 million.

116. NIEC Agencies Limited

Holding company dissolved after privatising operating units.

117. NIECO Farms

NIEC Farms was sold on competitive tender to EBM Chambers for K125 million

118. NIEC Overseas Services Zambia Limited

NIECOS was sold on competitive tender to the MBO Team for the total purchase consideration of K175 million payable K50 million cash and the balance deferred over 3 years.

119. Nanga Farms Limited

Nanga Farms was effectively privatised through signing of shareholders agreements with Commonwealth Development Corporation in January, 1993.

120. National Breweries Limited

21% shares in National Breweries were sold on right of pre-emption to Henricks Syndicate for US $1,785,000 brining their shareholding to 70%. The remaining 30% shares were offered to the public through the Zambia Privatisation Trust Fund.

121. National Drug Company Limited

National Drug Company Ltd was sold on competitive tender to Nachera Holdings Ltd and Patrick Chiumya, all of Lusaka for K900 million payable K700 million cash and K200 million deferred.

121. National Milling Company

51% shares in National Milling were sold on right of pre-emption to Erabus BV and Namib Mills for US $400,000 bringing their total shareholding to 100%.

122. Nchanga Farms – Mbala Farm

Mbala Farm was sold on competitive tender to RDS Investments for the purchase consideration of K510,000,000 cash.

123. Nchanga Farms – Mukumpu Ipumbu Farm

Mukumpu Ipumbu Farm & Mukumpu Kampemba Ranch were both sold on competitive tender to Commonwealth Development Corporation for the purchase US $7.2 million cash.

124. Ndole Bay

Ndole Bay was handed back to original owners due to Government decision.

125. New Savoy Hotel

100% GRZ shares in New Savoy Hotel Limited were sold to Integrated Hospitality Solutions Limited for a total package of K3.150 billion.

126. Nkwazi Manufacturing Company Limited

86% shares in Nkwazi were sold on right of pre-emption to M K Patel for K100 million cash.

127. Norgroup Plastics Limited

Norgroup Plastics was sold on Competitive tender to Simba Chemicals Industries of Ndola for the purchase consideration of K300 million cash plus liabilities.

128. Northern Breweries (1995) PLC

Northern Breweries was sold on competitive tender to Lonrho Limited for US $9 million.

129. Ntingila Fisheries

Ntingila Fisheries was handed back to previous owner due to Government decision. Consideration paid to Ministry of Lands.

130. Nyika National Park – Nyika Camp

Nyika Camp has been leased by the Ministry of Tourism to Robin Pope Safaris Limited on a right of first refusal.

131. PC Sichivula

P C

138. Rycus Heavy Haulage

50,260 GRZ shares in Rycus Heavy Haulage which were not paid for by some members of the MBO team were withdrawn and offered to the non-defaulting members of the MBO team for a purchase consideration of K125,650,000 on the right of first.

139. Scaw Limited

Scaw Limited was sold on competitive tender to Beekay Engineering of India for US2 million cash plus all liabilities.

140. South Luangwa Camp – Nsolo Camp

Nsolo Camp has been leased by the Ministry of Tourism to Kapani Safaris Limited on a right of first refusal basis.

141.
South Luangwa Park – Big Lagoon

Big Lagoon Camp has been leased by the Ministry of Tourism to Eco-Tourism Limited on a competitive tender basis.

142.
South Luangwa Park – Chamilandu Camp

Chamilandu Camp has been leased by the Ministry of Tourism to Chinzombo Safaris Limited on a right of right refusal basis.

143. South Luangwa Park – Kakuli Camp

Kakuli Camp has been leased by the Ministry of Tourism to Savanna Trails Limited on a right of first refusal basis.

144. South Luangwa Park – Kapamba Camp

Kapamba Camp has been leased by the Ministry of Tourism to Kapamba Trails Limited on a right of first refusal basis.

145. South Luangwa Park – Luambe Camp

Leased by the Ministry of Tourism to ZAMCAN – Luangwa wilderness on a 25 year lease.

146. South Luangwa Park – Luanfwa Camp

Luamfwa Camp has been leased by the Ministry of Tourism to Transact Limited on a right of first refusal basis.

147. South Luangwa Park – Luwi Camp

Luwi Camp is leased by the Ministry of Tourism to Kapani Safaris Limited on a right of first refusal basis.

148. South Luangwa Park – Manzi Camp

Manzi Camp is leased by the Ministry of Tourism to Chinzombo Safaris Limited on a right of first refusal basis.

149.
South Luangwa Park – Muchenja Camp

Muchenja Camp is leased by the Ministry of Tourism to Savannah Trails Limited on a right of first refusal basis.

150.
South Luangwa Park – Nsefu Camp

Nsefu Camp is leased by the Ministry of Tourism to wilderness Trails Limited on a right of first refusal basis.

151. South Luangwa Park – Old Lion Camp

Old Lion Camp is leased by the Ministry of Tourism to Eco – Tourism Limited on a competitive tender basis.

152.
South Luangwa Park – Tena Tena Camp

Tena Tena Camp is leased by the Ministry of Tourism to Robin Pope Safaris Limited on a right of first refusal basis.

153.
South Luangwa Park – zebra Pan

Zebra Pan Camp is leased by the Ministry of Tourism to Robin Pope Safaris Limited on a right of first refusal basis.

154. South Luangwa Park – Zebra Plain Camp

Zebra Plain Camp is leased by the Ministry of Tourism to Tundwe Safaris Limited on a right of first refusal basis.

155. Supa Baking Company – Kitwe Bakery

Supa Baking company – kitwe bakery was sold on competitive tender to mr. Reniie of kitwe for K380 million

156. Tobacco Leaf Limited – (National Tobacco Company)

National Tobacco Company – Natco was sold on right of f irst refusal to the Tobacco Association of Zambia for the Total consideration of US$ 500,000.

157.ZADL Farms – Chainda Dairy Farm

Chainda Dairy Farm was sold on competitive tender basis to HS Limited of Lusaka for the total purchase consideration of K96.8 million cash

158. ZADL Farms – Chilongolo Farm

Chilogolo Farm was sold on competitive tender basis to Zamdaell Farms Limited of Lusaka for the total purchase consideration of K330 million cash.

159. ZADL Farms – Chipata Dairy Farm

Chipata dairy Farm was sold on competitive tender basis to Eastern Dairies Limited for the total purchase consideration of K95 million cash.

160. ZADL Farms – Hartley Farm

Hartley Farm was sold on competitive tender basis to Hon Gilbert Mululu for the total purchase consideration of K85.5 million cash.

161.
ZADL Farms – Holding Farm

Holding Farm was sold on competitive tender basis to Evergreen Farm Limited for the total purchase consideration of K30.8 million cash.

162. ZADL Farms – Kafubu Dairy Farm, Ndola

Kafubu Dairy Farm was sold on competitive tender basis to Ernest Mutamboh of Lusaka for the total purchase consideration of US$ 320, 000

163. ZADL Farms – Kapilyomba Dairy Farm

Kapilyomba Dairy Farm was sold on competitive tender basis to Parkside Trust Limited for the total purchase consideration of K185, 999, 000 cash.

164. ZADL Farms – Kasama Dairy Farm

Kasama Dairy Farm was sold on competitive tender basis to Bwikashi Properties Limited for the total purchase consideration of K50.2 million cash.

165. ZADL Farms – Katito Crop Farm

Katito Crop Farm was sold on competitive tender basis to G Sikasote of Lusaka for the total purchase consideration of K150 million cash.

166. ZADL Farms – Mansa Dairy Farm

Mansa Dairy Farm was sold on competitive tender basis to Mr P M. Chipulu for the total purchase consideration of K50 million cash.

167. ZADL Farms – Minisini Crop Farm

Minisini Crop Farm was sold on competitive tender basis to Golden Valley agriculture Research Trust for the total purchase consideration of K100 million cash.

168.
ZADL Farms – Mongu Dairy Farm

Mongu Dairy Farm was sold on competitive tender basis to APG Motors Limited for the total purchase consideration of K20 million cash.

169.
ZADL Farms – Nkumba Piggery & Feedlot, Lusaka

Nkumba Piggery & feedlot was sold on competitive tender basis to RP Investments Limited for the total purchase consideration of K81 million cash.

170.
ZADL Farms – Simmenthal Stud Farm

Simmenthal Farm was sold on competitive tender basis to Mr Choongo for the total purchase consideration of K81 million cash.

171. ZADL Farms – Solwezi Dairy Farm

Solwezi Dairy Farm was sold on competitive tender basis to Kansanshi dynamics Limited for the total purchase consideration of K111.5 million cash.

172. ZAFFICO – Dola Hill Sawmill

ZAFFICO – Dola Hill Sawmill was sold on competitive tender basis to Wood Processing Limited for the total purchase consideration of US$ 500,000 for the portion of standing plantation volume and US$ 65, 000 f or the sawmill assets.

173. ZAFFICO – Kafubu Sawmill

ZAFFICO – Kafubu Sawmill was sold on competitive tender basis to the MBO Team led consortium called Copperbelt Forestry company for the total purchase consideration of US$ 1, 150, 000 cash plus all third party liabilities as at the take over.

174.
ZAFFICO – Kalibu Sawmill

ZAFFICO – Kalibu Sawmill was sold on competitive tender basis to MBO Team led consortium called Copperbelt Forestry company for the total purchase consideration of US$ 100, 000 cash for the plantation and K620, 000, 000 cash for the Sawmill assets.

175. ZAL Elevators

ZAL Elevators was sold on right of first refusal to MBO Team and their joint venture partners for K85 million.

176. Zambia Telecommunication Company

LAP GreenN of Libya paid US$ 257 million consideration for 75 per cent shares in ZAMTEL. GRZ retained 25% shares in the company. All
employees were declared redundant. LAP GreenN employed new employees on fresh conditions and terms of employment.

177.
Zambia National Commercial Bank plc

In April 2007, Zambia National Commercial Bank PLC (“Zanaco”) was partially privatized with the Government of the Republic of Zambia (GRZ) selling a 49% stake in Zanaco to Rabobank Group
The final stage of the privatization was completed in November 2008 by the offer for sale of 25.8% of the shares held by Zambia Privatisation Trust Fund (ZPTF) (on behalf of GRZ) to the Public
Zanaco simultaneously raised new capital through an Offer for Subscription.

178. ZCBC Property – Cairo Road (Ref: 601 LK)

ZCBC Property – Cairo Road (Ref: 601 LK) was sold on competitive tender basis to Pepkor of South Africa as part of a package deal with NHS – Ndola and ZCBC – Kitwe for the total purchase consideration of SA Rand 7.5 million.

179. ZCBC Property – Chililabombwe (Ref: 4526)

ZCBC Property – Chililabombwe (Ref: 4526) was sold on competitive tender basis to Shoprite of South Africa for the total purchase consideration of US$ 30,000.

180.
ZCBC Property – Chingola (Ref: 604 CG)

ZCBC Property – Chililabombwe (Ref: 604 CG) was sold on competitive tender basis to Shoprite of South Africa for the total purchase consideration of SA Rand 127, 000 cash.

181.
ZCBC Property – Kabwe (Ref: 608 KB)

ZCBC Property – Kabwe (Ref: 608 KB) was sold on competitive tender basis to Shoprite of South Africa for the total purchase consideration of SA Rand 127, 000 cash.

182. ZCBC Property – Kasama (Ref: 609 KS)

ZCBC Property – Kasama (Ref: 609 KS) was sold on competitive tender basis to Daksha stores for the total purchase consideration of K111 million cash.

183.
ZCBC Property – Kitwe (Ref: 602 KW)

ZCBC Property – Kitwe (Ref: 602 KW) was sold on competitive tender basis to Pep Stores Limited as part of the package deal for the total purchase consideration of SA Rand 7.5 million.

184.
ZCBC Property – Luanshya (Ref: 609 LH)

ZCBC Property – Luanshya (Ref: 306 LH) was sold on competitive tender basis to Pepkor Stores Limited for the total purchase consideration of US$ 50, 000.

185. ZCBC Property – Mufulira (Ref: 605 MF)

ZCBC Property – Mufulira (Ref: 605 MF) was sold on competitive tender basis to Daksha stores for the total purchase consideration of SA Rand 93, 000

186. ZCBC Property – Petauke (Ref: 6326)

ZCBC Property – Petauke (Ref: 6326) was sold on competitive tender basis to Pep Stores Limited for the total purchase consideration of US$ 30, 000.

187.
ZCBC Property – River side Kitwe (Ref:606KW)

ZCBC Property – Kitwe (Ref: 606 KW) was sold on competitive tender basis to Vin-Mas Ltd for the total purchase consideration of K133 million cash.

188.
ZCBC Property – Solowezi Ref: 2426)

ZCBC Property – Solowezi Ref: 2426) was sold on competitive tender basis to Pep Stores Ltd for the total purchase consideration of US$ 50, 000.

189. ZCCM (B) – Luanshya Division

ZCCM (B) – Luanshya Division/ Baluba mining and metallurgical complex (the “BCo” Package) excluding the precious Metals plant was sold on competitive tender basis to Binani Industries an International company registered in both the United kingdom and India.

The negotiated purchase consideration comprising cash at close of US$ 35 million and ZCCM retained interest of 15%.

190.ZCCM (C) – Mufurila Division

ZCCM (C) – Mufurila Division together with Nkana Mine, concentrator and Cobalt Plant was sold on competitive tender basis to First Quantum mines Limited and Glencore International AG.

The negotiated purchase consideration of US$43 million comprising cash at close of US$ 20 million and US$ 23 million deferred.

ZCCM retained interest of 10%.

191.
ZCCM (D) – Chambishi Copper Mine

ZCCM (D) – Chambishi copper mine assets were sold on competitive tender basis to China Non-Ferrous Metal Industries of the republic of China.

The negotiated purchase consideration comprised cash at close of US$ 20 million and ZCCM retained interest of 15%.

192. ZCCM (E) – Kansanshi Copper Mine

ZCCM (E) – Kansanshi Copper Mine was sold on competitive tender basis to Cyprus Amax of the USA.

The negotiated purchase consideration comprised cash at close of US$ 3 million, conditions deferred cash of US$ million (Depends on the results of the feasibility studies) and ZCCM retained interest of 20%.

Cyprus Amax is currently conducting feasibility studies and exploration works that are expected to lead to large scale mining.

193. ZCCM (F) – Nampundwe Pyrite Mine

ZCCM (F) – Nampundwe Pyrite Mine which is part of the package of assets comprising, Nchanga Division including the Chingola Refractory Ore dumps (CROs) and Konkola Division including the Konkola Deep Mining Project (KDMP) was sold on competitive tender basis to a consortium comprising Zambia Copper Investment (ZCI), International Finance company (IFC) and the commonwealth Development Corporation (CDC) . The negotiated purchase consideration comprised cash at close of US$ 30 million, conditional/ deferred cash of US 60 million (depends on the results of the feasibility studies) and ZCCM retained interest of 20% plus future copper and cobalt future price participation of US$ 125m.

194. ZCCM (H) – Ndola precious Metals Plant

At bid closing on 28 February 1997, no serious offers were received for this package. Following a re-tender, the package has been sold to Binani Group. Completion was archived in November 1998.

The negotiated purchase consideration comprised cash at close of US$ 350, 000 and Future performance related participation/ Sharing.

195.
ZCCM (J) – Power Division

The ZCCM Power division (excluding the bulk transport, its assets and fleet vehicles) was sold on competitive tender basis to the Copperbelt Energy Consortium comprising National grid company and Midland Power International both of the United kingdom, together with a team of some ZCCM managers.

The negotiated purchase consideration comprised cash at close of US$ 50 million ZCCM retained Interest of 20% and Unconditional debt assumption of US$ 73 million and Conditional debt assumption of US$ 61 million.

196. ZCCM (L) – Chingola Refractory Ores Dumps

ZCCM (L) – Chingola Refractory Ores Dumps (CROs) which is part of the package of assets comprising Nchanga Division, Konkola Division including Konkola Deep Mining Project (KDMP) and Nampundwe Pyrite Mine was sold on competitive tender basis to a consortium comprising Zambia Copper Investment (ZCI), International Finance company (IFC) and the commonwealth Development corporation (CDC) .

The negotiated purchase consideration comprised cash at the close of US$ 30 million, conditional/ deferred cash of US$ 60 million (depends on the results of the feasibility studies) and ZCCM retained interest of 20% plus future copper and cobalt price participation of US$ 125 million.

197.
ZCCM – Bulk Transport

The ZCCM Bulk Transport assets were sold to the Bulk Transport Limited (BTL) on a competitive tender basis at a purchase consideration of US$ 180, 000 extinguished as a debt-swap with Dar Farms and ZCCM.

BTL was formed by Certain employees of ZCCM constituting a Management Buy Out (MBO) Team and a strategic partner (Dar Farms).

198. ZCCM – Chibuluma Mine

The ZCCM – Chibuluma Mine assets were sold on a competitive tender basis limited and Miranda Mine Limited both of South Africa Junior mining companies; Crew Development Corporation, a Canadian development company and Genbel Limited (Formerly Randex Limited), a mining finance company of Australia .

The negotiated purchase consideration comprised cash at close of US$ 17.5 million, ZCCM retained Interest of 15% and Future Copper and Cobalt price participation Schemes.

199. Monarch

200.
ZCCM – Konkola Division

ZCCM Konkola Division which is part of the package of assets comprising Nampundwe Pyrite Mine, Nchanga Division including Chingola Refractory Ore Dumps and Konkola Deep Mining Project (KDMP) and was sold on competitive tender basis to a consortium comprising Zambia Copper Investment (ZCI), International Finance company (IFC) and the commonwealth Development corporation (CDC) .

The negotiated purchase consideration comprised cash at the close of US$ 30 million, conditional/ deferred cash of US$ 60 million (depends on the results of the feasibility studies) and ZCCM retained interest of 20% plus future copper and cobalt price participation of US$ 125 million.

201.
ZCCM – Nchanga Division

Nchanga Division including the Chingola Refractory Ore dumps (CRO’s) which is part of the package of assets comprising, Konkola division including the Konkola
Deep Mining project (KDMP) and Nampundwe Pyrite Mine was sold on competitive tender basis to a consortium comprising Zambia copper investment (ZCI) , International Finance company (IFC) and the Commonwealth Development Corporation (CDC).

The negotiated purchase consideration comprised cash at close of US$ 60 million (depends on the results of the feasibility studies) and ZCCM retained interest of 20% future copper and cobalt future price participation of US$ 125 million.

202. ZCCA – Nkana Mine

ZCCA – Nkana Mine, Concentrator and cobalt plant together with Mufulira Division was sold on a competitive tender basis to First Quantum minerals Limited and Glencore International AG.

The negotiated purchase consideration of US$ 43 million comprised cash at close of US$ 20 and US$ 23 million deferred.

ZCCM retained Interest of 10%.

203.
ZCCM – Techpro Zambia Limited

ZCCM – Techpro Zambia Limited was sold to a Management Buy Out (MBO) Team for the cash consideration of
US$ 200, 000.

204.ZCCM Kabwe Water & Sewerage Plants

ZCCM Kabwe Water & Sewerage Plants were sold to the Kabwe Municipal Council for a total purchase consideration of K241 million.

205.
ZCCM Lusemfwa & Mulungushi Power Station

The assets in ZCCM Lusenfwa & Mulungushi Power Stations were sold to Lusemfwa Hydro Power Company Limited for
US$ 250, 000.

206.
ZNPWS – Chakwenga Lodge

ZNPWS – Chakwenga Lodge is leased by the Ministry of tourism to Hartobezi.

207.
ZNPWS – Munda Wanga & Botanical Gardens

ZNPWS – Munda Wanga & Botanical Gardens is leased by the ministry of tourism to Munda Wanga Limited owned by Progressive life Zambia and Kalimba Farms Limited.

208. ZNWMC Property – Chipata (Ref: 702 CP)

ZNWMC Property – Chipata (Ref: 702 CP) was sold on competitive tender basis to Mr and Mrs Patrick Ngulube for the Total purchase consideration of K85 million cash.
Document signed 14 September 1995

209.
ZNWMC Property – Choma (Ref: 709 CM)

ZNWMC Property – Choma (Ref: 709 CM) was sold on competitive tender basis to Betrich Marketing for the Total purchase consideration of K28 million cash.
Document signed 22 June 1995

210. ZNWMC – Head Office (Ref: 710 LK)

ZNWMC Head office was sold on competitive tender to Printpak Zambia Limited for the purchase consideration of k250 million cash.

211. ZNWMC Property– Kasama (Ref: 709 KS)

The Kasama Property was sold to House of Kasama on competitive tender for the purchase consideration of K25 million cash.

212. ZNWMC Property – Katete (Ref: 6287)

ZNWMC Katete was sold on competitive tender basis to Pep Storees Limited for the total purchase consideration of
US$ 20,000.

213. ZNWMC Property – Longolongo Road (Ref: 705 LK)

ZNWMC Property – (ref: 705 LK) was sold on competitive tender basis to Dr Joseph Kasonde for the total purchase consideration of K315 million cash.

214. ZNWMC Property – Mongu (Ref: 708 MG)

ZNWMC Property – (Ref: 708 MG) was sold on competitive tender basis to Agribim Limited for the total purchase consideration of K30 million.

215. ZSBS – Kalambo Rd, Lusaka

Kalambo unit was sold on competitive tender to Zambia Revenue Authority for K320 million cash

216. ZSBS – Kitwe Manufacturing Unit

Kitwe Manufacturing unit was sold to Wood processing Company Limited for US $385,500.

217. ZSBS – Kitwe Sales Outlet

Kitwe Sales outlet was sold on competitive tender to Spectra Oil for K81 million.

218. ZSBS – Lusaka Door Manufacturing Unit

Lusaka Door factory was sold on competitive tender to S C Kopulande for $250,000 payable US $25,000 cash and balance deferred.

219. ZSBS – Sales Outlet, Buyantanshi Rd, Lusaka
Buyantanshi unit was sold on competitive tender to Phillips Electrical and M. Sirajuddin, both of Lusaka for the total consideration of K521 million

220.
ZSIC – Zambia State Insurance Medical Trust Ltd

Insurance Medical trust was franchised to staff and workers on basis of mutual benefit.

221.
ZSIC – Zambia State Property Development Company

Non-operational company closed down and wound up by Zambia State Insurance Corporaiton.

222.ZSIC – Zambia State Security Limited

Non-operational company closed down and wound up by Zambia State Insurance Corporation

221.
Zamcargo
Zamcarco was sold on competitive tender basis to MBO team & Intertrek for US $522,000 cash including all liabilities save employee liabilities

222. Zambia Breweries Limited (Lusaka)

The company was split into two divisions to be sold separately. The minority shareholders, Zamanglo Industrial Corporation Limited (ZAMIC), exercised their pre-emptive rights to purchase the Central division and agreed to waive their pre-emtpive rights over the Northern division

ZAMIC purchased 90 per cent of the Central Division Brewery at an agred price of US $13, 815,000 together with the Central division residential properties at an agreed price of US $1,956,004. Following the netting off of their 25 per cent ownership in the company, a total of US $6,677,250 represents full payment for 90% of the Central division

223.
Zambia Cashew Company

87.5 per cent shares in Zambia Cashew Company were sold on competitive tender basis to Western Cashew Industries Limited for the purchase consideration of K100 million. The remaining 12.5 per cent is held by Commonwealth Development Corporation.

224. Zambia Ceramics Limited

Zambia Ceramics was sold on competitive tender to the MBO Team and their equity partner Pheonix Capital Ltd of Lusaka for US $220,000 cash plus all liabilities.

225.
Zambia Clay – Housing

Mortgages have been executed with most of the sitting tenants.

226.
Zambia Coffee Company Ltd

Zambia Coffee was sold on competitive tender to African Plantations Corporation LCD for US$115,694 plus all liabilities.

227.

Zambia Cold Storage – Chipata Plant

Chipata unit was sold on competitive tender to Mosali Agro Food Processors for K124.5 million

228. Zambia Cold Storage – Kabwe Retail Outlet

Kabwe Retail Outlet was sold on competitive tender basis to Raymond G Lewis of Kabwe for K37.5 million cash.

229.
Zambia Cold Storage – Kasama Plant

Kasama unit was sold on competitive tender to Northern Province Cooperative Union for a price of K61 million.

230.
Zambia Cold Storage – Livingstone Plant

Livingstone unit was sold on competitive tender to APG Motors for K180 million cash.

231. Zambia Cold Storage – Lusaka Plant

Zambia Cold Storage – Lusaka Plant was sold on competitive tender to Kembe Estates Ltd of Lusaka for K850 million cash plus liabilities of K200 million.

232.
Zambia Cold Storage – Mongu Plant

Mongu unit was sold on competitive tender to Mongu Meat Corporation plc for K150 million cash.

233.
Zambia Cold Storage Corp – Fountain Farm

Zambia Cold Storage – Fountain Farm was sold on competitive tender to Moses K. Nawa for the purchase consideration of K31,150,000.00

234. Zambia Concrete Limited

Zambia Concrete was sold on competitive tender to Frase Fyfe and Poseidon Construction for the purchase consideration of K125 million.

235. Zambia Detonators

70% shares in Zambia Detonators were sold to the minority shareholders, Nitro Nobel on pre-emptive rights for the purchase consideration of US $1,260,000. The sale resulted in the company being 100% owned by Nitro Nobel.

236. Zambia Engineering & Contracting Company Limited

ZECCO was sold on right of pre-emption to Energo Projekt for K415.8 million cash plus all liabilities.

237. Zambia Horticultural Products Ltd

Zamhort Lusaka was sold on competitive tender to Foodcorp Limited for a total package of US $3.565 million of which US $1.1 million was a cash consideration.

238.
Zambia Housing Development Fund Ltd

Non-operational company dissolved under the Companies Act of 1994.

240. Zambia Maltings Ltd

Zambia Maltings Limited was sold to Sable Transport for the total price of K120 million cash.

241. Zambia National Insurance Brokers Ltd

Zambia National Insurance Brokers was sold on competitive tender to the management buy out team for K150 million cash.

242. Zambia National Shipping Line.

Non-operational company dissolved under the British Companies Act 1985.

243. Zambia Oxygen Limited

70% majority shareholding was sold on competitive tender to African Oxygen Limited of South Africa for US $4.6 million.

244. Zambia Pork Products

Zambia Pork Products was sold on competitive tender to Webster C Musukwa of Lusaka for K300 million plus K200 million employee liabilities.

245.
Zambia Railways Limited

The concession agreement was signed with NLPI/Spoornet on 14th February 2003. The commercial terms are as follows; Fixed concession fee of US$ 253,500,844 spread over 20 years plus a variable fee of 5% on turnover and an investment pledge of US $64,300,000.

246. Zambia Seed Company Limited

Some changes at shareholding level took place in March 1999 whereby GRZ shareholding in the company was reduced from 40% to 37.5 %. ZCF and ZSPA combined shareholding was also reduced from 40% to 10%. As a result of this Svalof Weibull AB shareholding increased from 10% to 27.5 % while Swedfund International AB shareholding increased from 10% to 25%.

247. Zambia State Financing Company Limited

Zambia State Financing was sold on competitive tender to the MBO Team and their equity partner, Geshom Mumba for the purchase consideration of K70 million.

248. Zambia Sugar Company Limited

Tate & Lyle paid US $20.8million for 40% of shares – price offset by $6 million for surrender of rights. CDC paid equivalent US $16 million for 30% of shares and will provide US $15 million in new financing. Joint New investment commitment US $69 million. Following flotations 30% of shares will be in hands of Zambian public. Flotation of initial 7% took place in August 1996.

249. Zuva Zambia Ltd

Zuva Zambia Limited was sold to L & C Wapamesa of Lusaka for the Kwacha equivalent of US $27,690 cash.

COMPANIES UNDER PREPARATION

251. Contract Haulage

252. Kafue National Park – Ngoma Lodge

253. Kariba Minerals Limited

254. Mukuba Hotel

255. Mulobezi Railway

256. National Airports Corporation – Livingstone

257. National Airports corporation – Mfuwe

258. National Airports Corporation – Ndola

259. Nitrogen Chemicals of Zambia

260. State Lotteries Board

261. TAZAMA Pipeline

262. Tanzania Zambia Railways Limited

263. Zambia Educational Publishing House

264. Zambia Electricity Supply Corporation

265. Zambia National Building Society (ZNBS)

266. Zambia Postal Services Corporation (ZAMPOST)

267. Zambia State Insurance Corporation (ZSIC)

268.INDENI

269. Motor City Ltd
DGH Poly Products Ltd.

270.Ndola Lime Limited

‘HH Lawyers Respond To Nawakwi’s Allegations.’
Lawyers for opposition leader Hakainde Hichilema have responded to allegations that the UPND president enriched himself through state privatisation deals in the 1990s.

Representatives from Malambo and Company law firm have written to former finance minister Edith Nawakwi, accusing her of defamation of character for levelling false accusations of corruption against Mr Hichilema.

The full text of the letter can be read here:

2nd September 2020
Ms Edith Nawakwi
Farm No. LUSAKA

Dear Madam,

RE: DEFAMATION OF CHARACTER – YOURSELF AGAINST MR. HAKAINDE HICHILEMA

The captioned matter refers. We, together with the law firms copied here, act on behalf of Mr. Hakainde Hichilema (“our client”) and have been instructed to write to you as we do below on his behalf. Kindly note our interest in that regard.

Background

On 27th August 2020, you featured on a radio program entitled “the Hot Seat” hosted by Zachariah Chavula on Hot FM Radio Station which was also broadcast on Kwithu FM Radio Station (“the program”).

It is our understanding that the above mentioned radio stations enjoy immense and widespread coverage in Zambia and beyond, not only by reason of the radio broadcasts they transmit, but also because of the internet and other platforms via which their signal and broadcasts can be monitored from anywhere in the world.

Our instructions are that during the program, and subsequently thereafter on other forms of media including Zambia National Broadcasting Corporation Television, you made false, malicious and defamatory statements (“the defamatory statements”) against our client whose aim, purpose and effect was, inter alia, to expose our client to hatred, contempt and ridicule; to embarrass him in the eyes of the general public; to lower our client’s reputation in the estimation of right thinking members of society; to cause him to be shunned and avoided; and generally to create an impression in the minds of the global community, given our client’s international repute as a businessman and politician, that our client is a thief and/or a person of miscreant behaviour who does not respect the rule of law or deserve to hold public office as President of the Republic of Zambia, for which our client aspires.
Consequently, our client has suffered irreparable damage to his reputation, severe embarrassment, harassment, hatred and ridicule in respect of which our client has instructed us to seek reparation from you as we do here below.
Particulars of defamatory statements

Without limiting the generality of the foregoing, and whilst our client’s right to make any or any further claim against you, in relation to your recent conduct towards him remains fully reserved, our clients instructions are that the defamatory statements were to the effect that:

Our client is or was at the material time a criminal;
Our client involved himself in theft and corruption by alienating a house located on Serval Road in Kabulonga, Lusaka (which you purport belonged to Lima Bank) to himself as liquidator of that institution;

Our client involved himself in undisclosed illegality regarding the receivership of RAMCOZ; and
Our client abused the privatization process in general and in particular with regard to the transaction for the sale of the assets of Mosi O Tunya Intercontinental Hotel in Livingstone and related assets which you allege that our client “sold to himself”.

As alluded to above, the allegations contained in the defamatory statements are devoid of any truth. They are malicious and aimed at damaging our client’s hard earned reputation as an astute businessman, as a person worthy of holding office as President of the Republic of Zambia and as a law abiding and God fearing citizen of Zambia, and the world at large, quite aside from being a clear violation of his guaranteed human rights.

The defamatory statements were made without due regard for the true factual position regarding the subject matter thereof and in contumelious disregard for the law.
The allegation that our client is a common criminal
As you are aware, our client does not have any criminal record nor has he involved himself in any criminal activity. Should you fail to meet our client’s demands below and should this matter proceed for determination by a Court of competent jurisdiction, you will be put to strict proof on that allegation. Allegations relating to acquisition of property on Serval road in Kabulonga

Contrary to your false and malicious allegations, our client has never been a liquidator of Lima Bank nor has he ever purchased any property from Lima Bank in liquidation or otherwise.

Had you cared to take keen interest in events as they truly transpired, it would have come to your knowledge that while the Lima Bank liquidation commenced in 1997, the property in issue was acquired by our client in 1995 a good two years prior to the commencement of the liquidation process. Cleary your allegations are false and malicious in that regard.
Your allegation to the effect that our client involved himself in theft and corruption is therefore baseless and a purely malicious falsehood.

In any event, it is trite that any citizen is entitled to buy leasehold property in Zambia together with any unexhausted improvements thereon. Our client is no exception.
Had you exercised even the barest precaution in discharging your duty of care towards our client, you would have conducted a search at the lands and deeds registry to ascertain the true position before uttering the defamatory statements.

You may be aware of the age old principle that he who alleges must prove.
Allegations relating to the Receivership of RAMCOZ
You are aware, and the records will show, that our client was never involved in the privatization of RAMCOZ which was sold by Government to the Binani Group of India in 1997 for a consideration of
Subsequently, upon failing to meet its financial obligations to ZANACO, RAMCOZ was placed under receivership in 2000. The appointed receiver manager was Mr Christopher Mulenga and not our client.

The receivership process was undertaken in accordance with the law and reports rendered to the appropriate stakeholders. Our client is not aware of any criminal complaint having been made against the receiver manager, Mr Christopher Mulenga, in relation to the receivership.

Allegations relating to abuse of the privatisation process
All records relating to the sale of the assets of Mosi O Tunya Intercontinental Hotel in Livingstone and related assets are a matter of public record and will show that, in so far as our client played any role in that process, he did so within the confines of the law.
Moreover, we are aware that the Zambia Privatization Agency (“ZPA”), and ultimately Government, like any other seller in a transaction for the sale and purchase of assets, is obligated to, and did, conduct a due diligence exercise on all potential buyers of privatization assets.

The foregoing therefore entails that at all stages of the transaction for the sale and purchase of the privatization assets, the ZPA was fully informed on all material particulars of potential buyers, especially such material particulars as were already in the public domain.

You may also wish to note that the sale of Mosi O Tunya Intercontinental Hotel and related assets to the successful bidder has greatly benefited the people of Zambia as it is one of the few success stories of the privatization exercise, contrary to the innuendo created by you in the defamatory statements.

Your allegations of improper conduct on the part of our client (to the alleged detriment of the people of Zambia) are, despite their malicious venom, therefore baseless both in law and in fact.

Particulars of harm caused to our client (inter alia)
Irreparable damage to our client’s reputation given that you purported to make the defamatory statements from an informed position in your capacity as a former Minister of Finance worthy of being believed on that score.
Aggravated damage to our client’s reputation owing to the malice and venom with which the defamatory statements were made and published to a global audience of several million people.

Mental distress, anguish and torture.

A stain on our client’s candidature for President of the Republic of Zambia in so far as the defamatory statements cast aspersions against our client to the effect that he is not a fit and proper person to hold the highest public office of the land.

Harassment at the hands of overzealous state operatives that have declared their intention to maliciously prosecute our client on the back of your defamatory allegations as evidenced by the press statement recently issued by the Chief Government Spokesperson to that effect.

Our client’s demands

Our instructions are therefore to demand the following:
A detailed and unreserved retraction and apology from you to be published in like manner and with equal prominence to the defamatory statements, the text of such retraction and apology to be approved by us;

That you undertake in writing to desist from making the defamatory statements or any similar statements going forward.
While our client recognizes that your actions have caused him irreparable harm that cannot be atoned for in monetary terms, you will note that he has been put to great expense and inconvenience on account of your conduct.

This entails that our client has incurred and continues to incur great expense both locally and internationally in order to mitigate the harm that you have caused to him. Our client places the cost of the foregoing, which includes legal costs incurred thus far, at the conservative sum of which our client hereby demands from you. Our client is amenable to, receiving reasonable proposals as to how you intend to settle the said sum.
31. Our client’s rights however remain fully reserved.

Save as stated in paragraph 30 of this letter, our client further demands, in view of the pressing nature of this matter, that you address his demands within 24 hours hereof, that is to say by no later than Thursday 3 rd September 2020, failing which our client will be constrained to take out proceedings before an appropriate forum so as to protect his interests.

Should our client be forced to do this, it will be without further recourse to you and at your cost.
Kindly note that owing to the public nature of your actions towards our client, we have been instructed to, and do hereby, avail a copy of this letter to the media for their information by way of a press statement.
Yours faithfully,

MALAMBO AND COMPANY

UPND deputy spokesperson Cornelius Mweetwa says the PF in its continued onslaught against Hakainde Hichileme has set up a taskforce at Anti-Corruption Commission to probe the opposition leader with possible arrest over his role in the privatisation process.

He alleges that the PF government also wants to grab Hichilema’s assets in a manner like they did with Post Newspapers Limited (in liquidation) to incapacitate him.

Mweetwa briefed the press in Choma yesterday over continued attacks on Hichilema heightened by FDD president Edith Nawakwi.

He said the issue was not a Nawakwi Vs Hichilema fight but about the PF fighting Hichilema in a desperate attempt to shift national debate from current national problems.

“So people like madam Edith Nawakwi should be understood in context. Number one, this is someone whose political career as someone aspiring to become the head of state under FDD has come to a dead-end and she has come to accept it because she can no longer command national support and she also can no longer command sponsorship,” he said. “Madam Nawakwi runs FDD as an NGO to promote women participation in politics. She was receiving sponsorship from the Nordic countries as an NGO operating as a political party. And that is why she was able, ahead of 2016 elections, to be going round donating chickens to women groups.”

Mweetwa alleged that from the same money Nawakwi managed to hire some employees as her image builders for FDD to look like a political party.

He said in 2016, Nawakwi lost miserably getting less than 50 per cent of votes he got in Choma.

He claimed her sponsors knew Nawakwi was misleading them that she had nationwide support and they immediately withdrew their support.

“That is why even those employees of hers masquerading as supporters left and trekked to PF. She is the last one therefore to join the choir members who are singing for President Edgar Lungu and PF,” Mweetwa said. “How come Nawakwi can now begin to speak the way she is speaking against HH? This is hypocrisy of the highest order. Thirteen years ago in 2006, Edith Nawakwi went to bed with HH under UDA (United Democratic Alliance) in a similar style of being HH’s running mate. How can she summersault now to say that HH misconducted himself during privatisation?”

Mweetwa wondered how Nawakwi found it convenient to go to bed with Hichilema in 2006 but demonise him today.

“She is now behaving like a prostitute who goes for the highest bidder. Why did she go to bed with HH if HH conducted mischief through privatisation? It is these kinds of leaders Zambians should begin to say no to – those who take the position of convenient to themselves. When it was convenient, HH was her darling,” he said.

Mweetwa said the whole scheme was one of the stages that PF had lined up for debate in their desperation.

He said after 2016, PF slapped Hichilema with treason, which ended in a nullity.

“They went ahead now to try and link HH to the burning of Soweto market, city market, Chisokone and other places. They even went to the extent of sending their agents to knock down Zesco poles in some places of this country and allege that it’s HH’s people knocking those poles down as acts of economic sabotage, the same way they said the burning of markets was work of the opposition. They went on a heavy tribal crusade, they have realised that the tribal chorus has become a tired song, people are no longer interested in listening to it, it is at the level of dununa reverse song,” he said. “From there they graduated and brought in the issue of Satanism, that HH is a Satanist, he is a free mason. Hadn’t it been for Seer 1 who exposed them for the rings and things they got from him relating to supernatural power, they would still be insisting that HH is a Satanist. Now Seer 1 exposed them. From the time Seer 1 exposed them, they kept quiet on Satanism. The next thing they did was that two months ago, I know, on the Copperbelt, they gathered the clergy and told them that ‘as Christians begin to demand that HH should begin to speak against Seer 1’ who appears to be endorsing HH and demonising President Lungu. They lined up the clergy and gave them money. Some of the people they go to address are our people and they get surprised.”

Mweetwa said the PF went ahead to link Hichilema to gassing but that too boomeranged in their face.

“As things stand, as somebody who has worked as an anti-corruption crusader for a while, I am fully briefed and we know that right now this government has set up a taskforce under the Anti-Corruption Commission. Let them deny that they have set up a taskforce to begin to manufacture issues that should present a good case of probing and investigating HH with a possible arrest over privatisation, that he abused his position,” Mweetwa said.

He said the PF know very well that no reasonable court, properly constituting itself could convict Hichilema on trumped up charges they want to prefer on him.

“This is the scheme, let them deny that they have set up a taskforce at the Anti-Corruption Commission. We are aware that they are using a two-pronged attack against HH, attacking him left, right and centre. They are even looking at a window to grab some of the assets of HH so that they incapacitate him in the like manner they did with the Post Newspapers and sold to themselves. Can they tell us who bought the courier trucks of Post newspaper if it is not they themselves at the apex of the PF leadership. Can they deny? Let them tell us who bought those trucks if not those connected to the same powers that today want to claim to be faithful,” he said.

Mweetwa said the PF were trying to strip Hichilema of his assets he had worked for without stepping foot into a government office or looking for a contract from a government official.

He said Hichilema worked in the private sector.

He wondered at what stage Hichilema abused his position.

“According to the anti-corruption Act, you only abuse your office or authority of office when you are a public officer, using your public office, authority for private advantage. HH has never been a public officer. If they are talking about him being a consultant of a company which government had contracted to advise them, I mean, even a grade 1 or grade 4 could understand that it was not even HH, it was the firm that was contracted, HH was just a consultant. And the job of a consultant is not to make a decision, the job of a consultant is to advise you and the advice is simply to inform you and not make a decision on your behalf,” Mweetwa said.

He said the PF government have tried all tricks on the ground, including violence but have realised that the tide of change could not be stopped.

Mweetwa said the PF have even used ministers to declare no go areas for Hichilema but UPND shows strength on the Copperbelt.

“The next day President goes to the Copperbelt and he is booed in a province they are talking of no go area. They are seeing what is going on in Lukashya right now. They are seeing what is happening in Mwansabombwe. This tide of change is not about HH, it’s about the people of Zambia. This is the most important election in Zambia after 1991,” he said.

Mweetwa said the PF want to paint Hichilema black and leave thieves alone in their government positions after cleaning them at Anti-corruption Commission and at court.

He said now the PF has begun dishing out money in compounds like Chawama where entrepreneurs were being given K1,600 each.

“Where is this money coming from? Let them deny that they, this PF government, demanded that Bank of Zambia gives them K1 billion and they demanded that this K1 billion be taken to the Presidential Empowerment Scheme and Bank of Zambia told them that ‘we do not have such kind of money, we have run out of actual cash. And the only money we have in our reserves is K900 million’,” he said. “That is the money that they are dishing around. Let them deny that they have since asked Bank of Zambia to give them K4 billion so that they sweep to presidential empowerment scheme for them to continue this handout scheme. This K4 billion and the K1 billion are part of the reason why the Bank of Zambia governor was fired. I want them to deny it.”

Mweetwa urged all surrogate and vuvuzelas paraded on cameras to talk about Hichilema to reason.

He said if people want to talk about corruption, they should point to the US $42 million fire tenders, $273 million digital migration, $250 million obsolete hammer mills, 48 houses that have got no owner, and the social cash transfer, which were plaguing the nation.

Mweetwa also challenged the PF to tell the nation why three years ago they sent teachers to Eden University to upgrade their qualifications but the government is failing to pay Eden University to graduate them.

He said Zambians were still interested in hearing more about the Carlington Maize scandal which implicated Nawakwi.

“Nawakwi’s trip to Canada as minister of finance, when they went to negotiate issues of privatisation. Can she tell us the discussion, the circumstances under which she met Ari Ben-Menashe, an Israeli, to discuss issues to do with privatisation? And what other things happened, where did they meet? There is more we know which is why we say let the sleeping dogs lie,” said Mweetwa. “Can she also dispute, we would like her to clarify whether Francis Kaunda did not come from those talks of privatisation and complained that the person who had messed up our talks is Edith Nawakwi.”

By Richard Aaron Ngoma.

It’s no longer a matter of ‘perhaps’ but rather when the PF will arrest UPND President Hakainde Hichilema for a bizarre allegation of corruption in the privitization of quasi government companies a quarter of a century ago. President Edgar Lungu is pushing hard for the prosecution of the opposition leader by hook or by crook, in what State House and the governing party (PF) insiders say is a well funded project, to ensure HH is precluded from the election process in the 2021 general election.

Remarkably, legal experts believe the case can never stand credible legal inquisition and that it would not be more worthy than the court paper it would be written on me.

“Once again, the desperation of the PF to fix Hakainde Hichilema has brought about the most laughable and preposterous privatisation allegations which have no ‘legal legs’ to stand on. The statement of the Minister of Information is equally riddled with errors of fact”, mused constitutional lawyer John Sangwa State Counsel, on his tweeter account.

But not so for President Edgar Lungu who is determined to stay in power after 2021, and who sees Hichilema as the only obstacle that must be cleared by whatever means necessary, including, according to some security sources, death.

Impeccable sources reveal the President will pressure the Chief Justice to allocate the case to a PF ‘sympathetic’ and surrogate Judge who it is believed will be paid huge amounts of money to conduct a shoddy and phoney court process that he will drag for months to keep HH locked onto the undertaking.

“This is not about privatisation. This is not about alleged criminality. This is not about corruption. They are simply preparing your psyche using these actions as the pretext. The truth is that what they want is access to my physical body so that they can eliminate me. Their plan is to arrest and then kill me. But do I have to die for anyone to be in power?”, wrote Hichilema on his Facebook page.

The past one week has seen the PF and their agents bombard mainstream and social media with screaming headlines of HH’s alleged criminality in the privatisation process of over 25 years ago. They unanimously demand for his arrest and prosecution. They claim Hichilema is no different from PF Cabinet Ministers who have been prosecuted for corruption in the recent past and subsequently handed suspicions express acquittals by the courts of law, and that HH would also be cleared if he were found innocent. The PF have whipped people’s emotions for the final onslaught but public opinion appears to be against them.

Social media has been inundated with the public objections of Hichilema’s accusations by the PF with signals of unrest registered in various ways. Unlike the Malawian revolution where the people had an extraordinary romantic relationship with the armed forces, the Zambian situation will only rely on the ballot in a very hostile environment that promises sparks and electoral disputes.

President Edgar Lungu has not been left behind in preparing the ground for a possible crackdown on the opposition. He told a carefully vetted team of Adventist pastors that paid a ‘courtesy’ call on him at State House, ‘to pray for those that might cause trouble when they lose elections in 2021’. The President was obviously talking about the opposition, but ostensibly and ironically perhaps, a prophecy about himself.

By Field Ruwe

An extract.

Although unsuccessful, the Mwamba Luchembe coup rattled the nerves of the indomitable KK and gave fresh impetus to advocates of multi-party politics, among them, the virtually unknown 32 year-old Edith Nawakwi.

Nawakwi, is a self-made leader who by sheer boorishness and discourtesy, has proved that there is a kernel of leadership for opportunists and all.

Nawakwi’s swift rise to political stardom was paved by KK on December 5, 1986. It is on this day that he devalued the Zambian Kwacha and increased the price of mealie-meal by 120 percent to meet the demands of the structural adjustment program. Many economic analysts believe it was perhaps KK’s major step to his downfall.

No one had heard of Nawakwi. She was not part of the political and economic discourse. Crudely put, she was insignificant—an absolute nonentity.

It was in 1990 that she fell from the skies. Like all of us, she knew that food riots were taking a heavy toll on KK; that he was losing his grip. She was further encouraged when UNIP back-benchers as well as people from the business community supported ZCTU’s idea of multiparty politics.

An economist, she knew the Harvard boys were winning the war against KK and the Soviet Union. Their strategy led to perestroika (restructuring) or the wind of change in the Soviet Union which saw for the first time previously dreaded and impervious Communist leaders being questioned and held accountable. The wind spread fast. In 1990, it was blowing in many parts of Africa, including Zambia.

In Zambia, the incessant food riots forced KK to announce a referendum on multi-party democracy in May 1990. Nawakwi saw an opportunity and joined Aka, Chitala and others. On July 20, 1990, she became one of the founders of a social movement called Movement for Multiparty Democracy (MMD) whose main objective was to campaign for a “yes” vote” in the referendum.

Aka was royalty while Chitala was simply a tenacious revolutionist with a bad attitude. Nawakwi, the daughter of the chief of Nawaitwika village rallied behind Chitala and became a courageous bull-whacker.
*For the first time we saw a young woman show total disrespect for KK. In a manner unprecedented she poured scorn, disdain, derision, ridicule, disparagement, sneer, and mockery at Gilgamesh*. We applauded and described her as a learned, intelligent, and fearless amazon. Anything to disorient KK was welcome.

Nawakwi’s tough-talk was her defensive mechanism. She knew she was playing with fire.

Nawakwi was saved by Luchembe. After the coup attempt KK was no longer the intimidating leader we had known for 27 years. He seemed overwhelmed by what was going on around him. Facing the worst crisis of his presidency, he, in November 1990, balked and repealed Article 4 of the constitution to allow for multiparty politics to the delight of Nawakwi and her cohorts.

As a result, the MMD was transformed into a political party in March 1991, and in the November elections FTJ was voted president of Zambia. Nawakwi became Member of Parliament in a historic life-changing election, and in the county’s first cabinet, she was appointed Deputy Minister of Energy.

Riding high on cloud nine, Nawakwi continued to behave like a man. A spinster, she dressed in minis and flirtatiously challenged men on the floor (at parliament house) where she would change from irresistible to rude. In a typical masculine style she snatched a married man and used her power and customary law to betroth him.

Nawakwi had no time for women movements and feminist garblers. If anything she chose them as her target and referred to them as “those women.” While men were intrigued, women, the most critical demographic in Zambian elections, distanced themselves from her. It is here that her cocky ego stoked her own political fire and her downfall was a matter of time.

There was no celebration from women when Nawakwi became a fully-fledged cabinet minister of her ministry and later Minister of Agriculture, Food & Fisheries. She was later implicated in the Carlington Maize scandal in which Zambia lost more than $4,000,000 for maize that was never delivered. She continues to deny she did anything wrong.

When Ronald Penza was fired for corruption and later assassinated, Nawakwi succeeded him as Minister of Finance, the first Zambian woman to hold the post of the most “intellectual” of the ministries. Again there was no ululation or accolades from the Zambian women because she was still behaving like a misogynist.

It is often said that when a Zambian president wants to “finish” a minister, he shunts him or her to the Ministry of Finance that’s where the electric chair is kept. The daring energy economist Edith Nawakwi sat on it and some of us applauded her. But Nawakwi was taking the chair at a time when FTJ had seen the personal benefits of befriending IMF and was holding a yard sale of our national assets, including the mines.

As minister, Nawakwi presided over the transfer of millions of dollars from her ministry to the Zamtrop account at the Zambia National Commercial Bank in London. According to the FTJ London trial documents $52,000,000 raised from the FTJ auction was banked between 1995 and 2001. The money has not been recovered to date.

When Nawakwi got into battles with IMF and the WB, the Harvard boys found her rhetoric green and jaundiced and felt she was not ripe enough in pose and negotiation. They made this clear to FTJ. It is believed that FTJ demoted Nawakwi following a poor performance at the annual consultative group meeting of Zambia’s principal donors. When she was moved to the Ministry of Labor and Social Security, many women quietly ululated.

In 2001, Nawakwi hit back. She refused to support FTJ’s third term bid. She and 19 others were fired. They formed the Forum for Democracy and Development in which she emerged as vice president and MP for Munali. In 2005, men of FDD chose to make her their leader and in 2011 she filed her papers to become the first female president of Zambia.

The women of Zambia and thousands of her male critics had been dying to see Nawakwi stripped of power and in the desperate position she finds herself today. When the September elections were held they shunned her. The result was a pantry 6,833 votes raked from her constituency and from members of her party, their relatives and a few reluctant friends.

It was clear the likes of Chifumu Banda, and Luciano Mbewe had made a bad choice. Edith Nawakwi has fallen into the political abyss, never to recover. Between 1999 and 2011 she should have crossed over from men to women and present herself as their hope in the male-dominated social and political strata. She refused to listen. Up to this day, she hasn’t the strength of character or humility to request help from Zambian women who represent 60 percent of the electorate and many men who find her controlling and self-centered.

The downfall of Edith Nawakwi is purely her own making. Her foolish bravado is responsible for her own routing. No doubt she is smart, but her intellect and intellectual stamina do not go beyond her ego. She lacks the ability to know when she is wrong and the humility to accept and apologize.

It is therefore safe to conclude that as at now, Nawakwi has obliterated her political soul. The depth required of a president is missing. I wish her success in augmenting the FDD cause, but I think she should give other distinguished men and women in her party a chance to challenge the incumbent. FDD should know that Edith Nawakwi has gone to Rio.

Field Ruwe is a US-based Zambian media practitioner and author. He is a PhD candidate at George Fox University and serves as an adjunct professor (lecturer) in Boston. ©️Ruwe2012

By Prince B. M. Kaping’a]

Ever since Hakainde Hichilema (HH) took the plunge into the murky waters of Zambian politics, he has had an albatross tied to his neck, threatening to drown him completely save for his boldness, courage and determination.

Perhaps this is the reason why he stands out as a successful businessman and accomplished farmer amongst his peers. You gotta admire the man!

Going by the sentiments of many an electorate ‘pa ground’ disenchanted with the current state of affairs, the gates to plot 1 Independence Avenue seem to be wide open for the opposition. Shushushus (intelligence officers), tell the President the truth…or maybe you’ve already done so, hence the sudden desperation on the part of those in leadership.

Anyway, of the whole pack of individuals jostling to have a feel of the inside of State House, including Edith Nawakwi herself, HH stands a better chance of dislodging Edgar Lungu from power. But instead of marketing herself to the electorate, Nawakwi elected to go to sleep. But now that the sweet aroma of State House is around the corner, Nawakwi suddenly staggers out of slumber and sleepwalks into a popular radio station and goes to town smearing the character of the UPND leader.

In the recent past, politicians of different hues and shades have taken turns to assassinate and impugn the character of HH – preaching to the gullible ones that he stole from government… nay, sold the mines!

Nawakwi should be the last person to apportion the blame on HH for the botched privatisation exercise. Privatisation was a brainchild of MMD government where Nawakwi served as a senior cabinet minister – ascending to the portfolio of minister of finance at one point. They are the ones that stripped our nation of her prized possessions. As Francis Kaunda aptly puts it; they gave away ‘the family silver’ due to selfishness and greed on their part. A great man once said, “If you want to hide something from black people, put it in a book.”

I have just concluded reading ‘A Venture in Africa’ by Andrew Sardanis of the famed Chaminuka Lodge. The book candidly offers a rare glimpse of the shenanigans that panned out during the privatisation programme. The name of HH doesn’t popup anywhere. You can even go to Chaminuka and ask Sardanis if you want, HH had a very limited role to play in privatisation. And now the likes of Nawakwi want to take advantage of the fact that many Zambians have no time reading books and mislead the people for political expediency. Don’t you have any sense of guilt or shame, madam?

On page 228 of his book under the chapter “Ten Wasted Years”, Sardanis reveals that one of late president Frederick Chiluba’s tactics was to bypass the Zambia Privatisation Agency by appointing, in March 1997, a new team named ‘the GRZ/ZCCM Privatisation Negotiating Team (PNP); under the chairmanship of Francis Kaunda (the erstwhile ZCCM chairman whom he had unceremoniously dismissed in 1991, before he even took the oath of office). Was HH a member of PNP? Nawakwi, answer this question!

The book further goes on to disclose that by the end of 1997, Luanshya/Baluba mine was put under the hammer. Now this is where the plot thickens.
Bids for Luanshya/Baluba mine had been received and evaluated, and the Zambia Privatisation Agency had started detailed negotiations with First Quantum before the so called PNP came on the scene. It’s clear even to a fool that PNP had ulterior motives. It demanded revised bids, as a result of which Luanshya was dubiously awarded to the Roan Antelope Mining Corporation of Zambia (RAMCOZ), a new Zambian company owned by an Indian metal trader, Gokul Binani.

Fellow citizens, you ought to read and read and read to grasp the depth of crookedness of these former MMD leaders. Someone had somehow tipped Binani about the contents of the favourite bidders, First Quantum. Binani simply made adjustments to the First Quantum’s winning bid – this is how they presented it (with First Quantum’s bid in brackets): cash US$35 ($34) million, new equity investment US$21.7 (US$20) million, commitment for new investment US$69 (US$70.4) million, contingent investment US$103 (US$26.3) million, ZCCM participation 15percent (17.5%).

This proved to be a ‘neck to neck’ outcome, except for the very nebulous US$103 million ‘contingent investment’ that Binani stuck to the tail of his offer. First Quantum was furious and threatened to sue the Zambian government. This was to be the genesis of woes for Luanshya mine.

The liquid problems at Luanshya surfaced soon after the RAMCOZ take over, amid rumours that the copper proceeds were not being received regularly. But the government bent over backwards to keep it going, ordering Zanaco to grant additional facilities, ignoring huge arrears. At one stage the government even contemplated diverting a World Bank facility intended for mineworkers’ retrenchment to RAMCOZ.

In the end Zanaco decided that enough was enough and appointed a receiver, which in this case happened to be Grant Thornton. Unfortunately, it was too late for this intervention. RAMCOZ was already looted to the core and what was left of it was a mere shell that no serious investor worth their salt would be interested in.