By Bruce B Bwalya

HH was ONLY 31 yrs old at the time of Privatization.

Now you people who do not have commonsense, you people who are fed with lies and have absorbed those lies, try to ask yourself how old you are now compared to HH then (31)…. ask yourself again whether at the age of 31 yrs it is possible that someone who is not serving in government would convince the entire government to sell government assets????… like in HH’s case, the government had big people like PRESIDENT CHILUBA, MICHEAL SATA, DANIEL MUNKOMBWE, EDITH NAWAKWI, etc…

Please my fellow Zambians, tell those selfish people who lie to you, that they should start thinking before vomiting and you also who choose to believe foolish and stupid lies should learn to use your brain when some fools try to make you be like them.

HH did not sell any mine because he had no personal mines to sell.

HH has ALWAYS worked hard in private sector and not in government hence he could not sell anything that belonged to government and later on remain uncharged to date…….. (You know how you people with little knowledge hate him! You people who can even without shame charge him with treason so that you kill him…… were you going to spare him if he sold your assets????? The answer is in your hearts)
Use your brain mwe bantu!!!

NOW LISTEN: HH was contracted by the then MMD GOVERNMENT of our beloved late President DR FREDERICK JACOB TITUS CHABALA KAFUPI CHILUBA (MHSRIP) to ONLY VALUATE some assets which the MMD government failed to run and resolted to give them to private investors who had the capacity to manage them.

NOW, maybe what you people do not understand is the term “VALUATE or VALUATION”….
Listen to me now:
VALUATION is the process of determining the current worth of an asset or a company….. An analyst placing a value on a company looks at the business’s management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets….

This means HH was contracted to do just that and he did so….
Yes, he was paid for doing his job……
He used his money wisely and achieved all the wealth he has….

The Government went ahead and negotiated with the Investors…. but because they could not negotiate properly, they ended up privatizing and selling the assets at lower figures than that HH who is known by some section of the society as Calculator Boy (then 31 yrs old) valuated.

The Government of Chiluba, Sata, Nawakwi, etc, used the money they got from privatization foolishly and corruptly ending up enriching themselves leaving the country and our miners suffering….

Today those people are condemning, blaming and accusing HH that he sold our mines…. some people are even believing such foolishness!!… How foolish are you????

HH used his money wisely and he is successful…..
The government used their money foolishly and they are blaming our incoming President…

Just leave the Calculator Boy alone.

Remember, ill gotten wealth don’t last…..

20 COMMENTS

  1. The 50yr old begger in the name of Chilufya Tayali is the one that needs to look at his age and ask himself what he has achieved in his old age apart from carrying a begging basket. Zambia dwells on populist politics and it is this culture of political manipulation that has manifested fully. We as a people a mute and largely buy into such trivialities. Someone works hard and succeed we accuse them of satanism etc. When are ever going to self reflect? HH has some substance but government officials and ‘chancers’ like Tayali have jumped on the bandwagon of idiocy and we are just sat on the sidelines. Meanwhile, the country is in free fall!

  2. The 50yr old begger in the name of Chilufya Tayali is the one that needs to look at his age and ask himself what he has achieved in his old age apart from carrying a begging basket. Zambia dwells on populist politics and it is this culture of political manipulation that has manifested fully. We as a people are mute and largely buy into such trivialities. Someone works hard and succeed we accuse them of satanism etc. When are we ever going to self reflect? HH has some substance but government officials and ‘chancers’ like Tayali have jumped on the bandwagon of idiocy and we are just sat on the sidelines watching….ndwii!! Meanwhile, the country is in free fall!

    • ONLY YOU CAN BELIEVE THAT THIS IS NOT TRUE. YOU HAVE BEEN BRAINWASHED INTO BELIEVING THE PF LIES. WHY ARE YOU NOT CONDEMING ECL FOR GIVING TENDERS TO ROAD CONTRACTORS IN ORDER TO BUILD HIMSELF A MANSION IN SWAZILAND. WHY ARE YOU NOT CONDEMING THE PF FOR GETTING ZAMBIA INTO TO SUCH A FINANCIAL MESS THAT WE KNOW HAVE TO LEASE STATE ASSETS SUCH A ZESC, ZNBC, LUSAKA AIRPORT TO THE CHINESE. WHY ARE YOU NOT QUESTIONING WHERE BILLIONS HAVE DISAPPEARED TOO ?? YOU ARE SHAMEFUL THAT YOU WILL NOT QUESTION THE CORRUPTION THAT IS CURRENTLY TAKING PLACE.

    • The truth is u can’t sell what is not yours. The Title Deeds of these Mines were in the Name of Govt of Zambia. The Records are Archived by the Zambia Private Agency (ZPA). If HH had sold the Mines he would have been in Jail by now. The Lungu govt has never bothered to sue HH for a Fraudulent Sale becoz the know the allegations are false. People should blame those who worked under the Chiluba govt. To evaluate values of the Mines HH was not hired in his Personal Capacity. It was the Audit and Accounting Firm that HH worked for that was hired by ZPA to do an evaluation of the Mines.

  3. Tell them my friend, I sometimes think that perhaps Zambians are of such low IQ, how do you explain for normal people in such enlightened world of utter such rubbish, someone outside government to come and sell government property?

  4. We in Zambia just like the Inonge Wina and the rest of politicians know very well that the Chairman Sells in the Privatisation programme was Vallentine Chitalu his deputy was former ZCCM Chief Francis Kaunda including Enock Kavindele. People must ask Kavindele and Inonge Wina. STOP telling people lies. HH is very clean in the sell of Zambian’s assets.

  5. I fail to understand why this issue of HH selling the mines keeps coming up for over 15 years now. Why don’t you arrest him if he is guilty. Did he hold anyone at gun-point to sell the mines? He has not run away from Zambia to be arrested. Collect your data and bring this case to courts rather than barking like a headless dog.

    There are serious issues to talk about, the massive loans obtained without liquidating, poverty levels in Zambia, lack of medicines in hospitals, low morale of workers etc. than dwelling on non-existence issues. I call it non-existence because we have failed to prove and arrest HH. Let us not be short-sighted. Take a walk in these compounds and see how bad the situation is, and maybe you will have a turn of mind.

  6. If HH didn’t sell the mines, then he wrongly valuated the mines and mislead the Govt. on their actual value hence the giveaway prices the New investors were charged. The only beneficially in these deals was HH through kickbacks from the investors who still want to use him to economically recolonise out country through stinking capitalism. My advise to the author of the article is please sober up and use descent language if you’ve any facts to tell Zambians. You simply exhibited your foolish support for a wrong person who has never been a leader & will never be. You bitterness will one day harm you. If he did not personally sell the mines,he was definately part of & beneficially of the deal to deprive Zambia of its mineral wealth.

  7. What roles did Edith Nawakwi and the late President Micheal play in the privatisation process? FTJ was found not guilty of corruption and he was President. It all happened under FTJ’s watch yet some people would rather pick up a begging bowl and sing vuvuzela while blaming someone else. We are all in this mess together because of our docility and nothing else. We have done nothing but recycle politicians. Dora Siliya is answering questions and applying a spin that can only be bought by a docile society. Mag Mwanakatwe has limited clue on what she is doing. The country is mess because we have majority incompetents in government and we sit back waiting for prayers and some form of a miracle in seeking redemption. You are hungry today and you have not even contextualised how hungry your children are going to be in 10yrs. Put country first you people! Lungu is a failed project but you will call me bitter. As evidence suggests, calling Lungu incompetent is not disrespectful. It is what is!! Can someone give Chilufya Tayali some change please?

  8. Mwambilakale, be real. If the government felt that the evaluator had undervalued the assets, they had the option not to sell or to look for better buyers. Government was not forced at gun point to sell its assets. The poor fellow is being battered just because he is in politics and is a threat. Nobody is talking about Valentine Chitalu and Francis Kaunda who were in charge of the privatisation programme because they are not in politics.

  9. Mwambilakuya be real. If the government felt that the evaluator had undervalued the assets, they had the option not to sell or to look for better buyers. Government was not forced at gun point to sell its assets. The poor fellow is being battered just because he is in politics and is a threat. Nobody is talking about Valentine Chitalu and Francis Kaunda who were in charge of the privatisation programme because they are not in politics.

  10. CHILUFYA, YOU ALWAYS TRY TO MEET MOST POLITICIANS IN ORDER TO ENGAGE THEM POLITICALLY SO THAT YOU UNDERSTAND YOUR LIMITATIONS ABOUT HOW ORGANISED OR DISORGANIZED THEY ARE, I HAVE BEEN AND I AM STILL GIVING YOU AN OPEN CHALLENGE TO ENGAGE MR HICHILEMA ON ONE TO ONE WITH YOUR BAG OF QUESTIONS, I CAN ASSURE YOU THAT AFTER YOU MEET HIM, YOU WILL BE A CHANGED PERSON AND YOU SHALL UNDERSTAND HIS VISION FOR ZAMBIA, HE IS OPEN AND CAN GIVE YOU A CHANCE TO SEE HIM.

  11. Rothchilds was appointed to valuate zambian assets, HH was a rothchilds representative in zambia through the audit firm. The assets were under valued and the valuators had a gain from the under valued assets. HH bought into the mosi otunya hotel which now stands as southern sun hotel in Livingstone. Proxy’s to the valuators bought the under valued assets. Valentine chitalu was ZPPA CEO that time and today he is one of Zambia’s richest young men together with HH after privatization.
    Those two names are dirty and should not be seen to be angels today all simply because most of you were either not born or too young to remember exactly what transpired during privatization. Was it in order for instance for HH to put the value of nchanga division and nkana plant which fail into the hands of KCM at $25 million dollars while the mine had mined material and ready export worth over $100,000? So who gained from that transaction and did we even need to sell it in the first place? The CEO of mopani copper mines was Mr Emmanuel Mutati, former employee of Zccm Mufulira division. So the same employees who managed the zambian owned mines became the same managers of foreign owned mines. Now if you educated Zambians think you are very intelligent when you defend HH it means you are very foolish because you have to know your past if you want to know where you are going.
    Yes HH was a very much of the disastrous privatization of state owned enterprises because some of the companies he even advised that they be closed when they just needed a management overhaul. So who stood to gain from the sale of assets of closed companies?
    HH doesn’t mention the fact that he worked or still works for the rothchilds. Those are the architects and owners of the world financial system and responsible for the misery of many nation’s where they have influence. So today you advocate to have HH as president do you know exactly where you want to take zambia? Zambia is bigger than what you think and it’s at the interest of the world financial system. Today Cobalt is mined only second to DRC in Africa but we dont here of the quantities and tax realised from the sale of Cobalt because the same system that HH helped buy these assets is setup to make extremely huge profits because Cobalt is disguised as copper blisters. Ask HH and Valentine chitalu. Maybe when HH becomes president he will expose these things since he knows the secrets of where our wealth is. He is a rothchilds employee, we can’t trust him to help us.

  12. Mwambilakuya and Mwami Moonga those are very good analysis. Some chaps want to support HH as innocent when they have no facts. What Mwami Moonga has said is 100 % correct. Continue worshipping your HH a nd u get lost

  13. In gvt there were some interactuals who were more knowledgeable than us who could have advised gvt not to sell or close the mines bcoz hh under valued them,u are saying we had unsold copper worth $100,000 when the mine was under valuation and the gvt went ahead selling it at $25 million that was foolish of gvt not to sell that copper separately b4 selling the mine.u said some companies just needed management change surely gvt went ahead to close or sell the mines who was foolish is it hh who was clever or gvt which was foolish not to change management but opted to sell or close the mines I need clarity.

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