Thursday, March 28, 2024

HH should be the last person to condemn privatization-Lusambo

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Copperbelt Minister Bowman Lusambo addressing the media during a press briefing at his office in Ndola
Copperbelt Minister Bowman Lusambo addressing the media during a press briefing at his office in Ndola

Copperbelt Province Minister Bowman Lusambo has charged that UPND leader Hakainde Hichilema has no moral authority to discuss privatization.

Mr Lusambo said it is ironic that Mr Hichilema whom he described as the Chief of Privatisation could point fingers at innocent people with regard to privatisation.

He was commenting on Mr Hichilema’s attacks on President Edgar Lungu that the PF government has started selling off key state assets including some national game parks.

Mr Lusambo said ” every Zambian knows that HH and privatisation belong in the same sentence. It therefore follows that accusing President Lungu of wanting to privatise Zambia is the highest level of hypocrisy that could come from Mr Hichilema,” he said.

“Our people in Luanshya have not forgotten the role that Mr Hichilema played in the messy privatisation exercise. The good people of Chingola have never forgotten how Anglo American bolted in the thick of the night leaving thousands of our Zambian miners stranded. The beautiful people of Livingstone are still wondering how a Consultant for the Zambia Privatisation Agency ended up becoming Board Chairman of Sun Hotels with a hefty stake in the tourist operation after he oversaw its privatisation.”

Mr Lusambo said all these people and their families are still searching for answers from Mr Hichilema on how he used his connections to benefit himself and use these benefits to open offshore accounts which have never benefited Zambians.

“These questions have never been answered by Mr Hichilema. Any Journalist who attempts to ask him how he became rich is met with high temper and arrogance. My advice to Mr Hichilema is that he should use days like Sundays to reflect on his life and asking for forgiveness from his maker for the misery he caused on innocent people,” he said.

The Copperbelt Minister stated that attacking President Lungu who is so focused on delivering development to all parts of Zambia will not give Mr Hichilema any political scores.

“Zambians know that when Mr Hichilema was busy privatising state assets, his new partner in insults Chishimba Kambwili was also busy stripping rail slippers. These are not the leaders that Zambians would even want to waste their Sunday listening to,” he said.

“My only advice for Mr Hichilema is that he should take a closer look in the mirror because i know that what he will see will be clear enough to compel him to finally shut up!”

107 COMMENTS

    • Wow … Bowman has drawn his bow and let go!

      This man has mentioned everything that went in my mind when I read the headline before reading the whole story.

      UPND members always say HH was never in government or he wasn’t calling the shots… it’s shocking …. An accomplice to murder is usually imprisoned with the murderer, no? UPND is trying to novate the law with an accomplice to murder is left alone because he was never caught.

      Maybe they UPND should come to realise that that is the reason HH is a failed project. Try someone else!

      Well done Bow…. but please you guys keep working and plugging away! Zambia is moving yet again

    • Lusambo is talking out of ignorance and I don’t support HH.

      If you do not have substantiated facts – best to not say anything. Why is he commenting on this anyway?

      Thanks

      BB2014,2016

    • He sold the mines for the song to benefit himself. Nothing is hidden under the sun. Now he’s exposed. He was actually exposed a long time ago he’s just getting the fruits of his work.

    • This ignoramus is feeding on the ignorance of his cohorts ……. being shallow like this isn’t just helping this country. Period!

    • In the same parliament where this f00l belongs the Minister of Mines through a Ministerial statement clearly stated that HH had no hand even remotely in the privatisation. HH should start taking this f00ls to court

    • In ignorance we trust. It is what defines us. Any wonder President Trump has a new, more fitting name for us.

    • This is what I don’t understand about these dull Zambian Politician, he thinks by using strong words, that is the proof that Hakainde is guilty of whatever wrongdoings of the privatization. What he doesn’t understand is that he is indirectly saying stealing in Zambian is NORMAL and no one should be held accountable. Do you know why? After almost 20 years, why is this Hakainde left running scotfree if at all is suspected of having stolen from the Zambian people? This Politician, isn’t he from MMD? Wasnt Chiluba MMD President? Was privatization done by a private company or by the Zambian government? If he or you supporters can answer these questions, then I will support this bar.king, otherwise, its all trash and playing psychology on the Zambian people. I am not a fan of HH, just fair…

    • HH HAS GOT NO PRINCIPALS WHATSOEVER, NEITHER HAS H E ANY BRAINS TO REASON. ALL HE HAS IN HIS HEAD ARE SHORT CIRCUITS. OF MEMORY. IT SHOCKS ME THAT HH IS REGARDED HAS THE MOST INTELLIGENT MAN IN THE WHOLE TONGALAND. HOW CAN HH FORGET SO QUICKLY THAT HE WAS INVOLVED IN SELLING PUBLIC PROPERTIES WITH A SONG DELIBERATELY TO SUIT HIS SALARY. THIS CHAP TAKES ZAMBIANS FOR F00LS. HH SHOULDN’T BE MOCKING ZAMBIANS.

    • Did HH privatise the Mines or it was GRZ? After 54 years of self-rule, some Zambians still have shi thole brains.

    • Brainless bulldog are u convinced u are going somewhere with people in Leadership like BL……oh my ! Suddenly the ranting dog is a star. Have Some shame people don’t Just think of your short life spans to plunder and dance in nonsensical bliss while totally compromising the future of this country

  1. Why did Zambia end up with semi humans like Lusambo? This is sad indeed. If you saw HH stealing money, this semi human provide Zambian people that information instead of just talking like someone who is high on drugs.

    • Kkkkj @ lipkwa…. Sun hotel is the evidence… let’s start there. Do the investigation. The man has just given you were HH has presided and you steal ask if you saw HH stealing.

      You are one chap whom if you found a guy coming out of your bedroom where your wife is, would refuse and ask for evidence!

    • Lusambo, tell them! These ignorant fools who think we do not know or have forgotten what Zambians went through during privatisation while hh was pocketing money over dead Zambians.

      He will never rule Zambia until he owns up his shoddy deals.

    • Zambians convict someone in the court of public opinion, civilized nations convict someone in their courts of law with due process and concrete evidence.

    • Very funny… so HH is loving them by telling PF they are privatising everything?

      UPND are whimps! They want to accuse PF of privatisation and when they point back at them, they cry that they are being convicted by public opinion.

      We don’t need such imbeci1ilty in government crying like little kids who think all the toys belong to them!

      Truly sh1tholes

    • Mr Thinker,
      Try to think even deeper. On the outskirts, you seem to have a point, however, its 22 years ago !!! Your argument simply doesn’t hold. While HH assertion of privatization is happening now!!!!!
      Again you Zambians are sleeping, and you will wake up 22 years from now that is when you are going to be accusing ECL. This dununa reverse thing has just exposed how the majority of Zambians think, too backward, occupied with what happened 22 years ago, instead of looking forward. What is painful is that you are clinging on to something for which you have zero facts. Privatization was by the government and its Zambian Privatization Agency.

    • Ok… HH abused his office because you cannot preside against affairs and benefit from them by virtual of using the office. It disqualifies Ichelema to be president. That is the reason he is not president up to now.

      General Kanene – am not using tribalism but thinking deeper than you… You are failing to think together with your Ayatollah by thinking one day he will rule… you lack thinking capacity.

      The people who are sleeping is you… by the time you work up, your credibility is Bantustands will have vanished by the time Ichelema is done failing to be president.

      You shallow minds

    • Cont – We are clinging onto something that happened 22 years ago because Ichilema is trying to be president … if he goes away, we shall not cling onto what happened 22 years ago. He contests to be president the memories come back… that is called deep thinking, because once a raper always a raper… once a murderer always a murderer… you see that am thinking deeper than your clan combined?

    • @ Thinkers (?)
      1. “HH abused his office because you cannot preside against affairs and benefit from them by virtual of using the office.”??? If you are trying to say that HH was guilty of “inside trading”, documentation of shares transfer is with PACRA. How come for 22 years no body managed to see those shares transactions and relevant paper trail?
      2.”It disqualifies Ichelema to be president.”? Are you saying that mere barking of fake doctor spreading fake news is a sufficient ground to disqualify somebody? If that is the case, what about CONVICTION (twice) by the High Court of Zambia for embezzlement? Which one carry more weight to merit disqualification?
      Lastly, you are accusing others to be “shallow-minded”. What about your own state of mind? What is it? Crap? Sh!t? Or…

    • I personally don’t want him to be my president like the other majority Zambians. We have our own reasons which you casually castigate. We don’t want him!

      Our reasons matter! Period! He will lose again! Chapwa

    • We are clinging onto something that happened 22 years ago because Ichilema is trying to be president … if he goes away, we shall not cling onto what happened 22 years ago.

      He contests to be president the memories come back… that is called deep thinking, because once a raper always a raper… once a murderer always a murderer… you see that am thinking deeper than your clan combined?

    • @Just asking, couldn’t have been better!
      This is a classic example for all to see and well demonstrated by those who can not think outside the box and just go with the masses wherever the wind takes them.
      When confronted with superior and valid arguments, the only response you get is “trabalism”, “Ayatollah”, Bantustands”.
      @Thinker, not everyone here is UPND, these people just pragmatic thinkers who see both colours, black and white, unlike YOU who only sees one colour = black.
      I rest my case.

  2. This is what is called PUTTING SOMEONE IN THEIR PLACE!

    Definitely, Ichilema has NO CREDIBILITY whatsoever on this issue of privatization. His Crocodile tears now can never fo@l anybody. He heavily benefited from a flawed privatization process and it would help him to reflect on that first than trying to be HYPOCRITICAL about it.

    Quite frankly, it is very transparent what he is trying to do….to play POPULARISTS POLITICS imitating M.C. Sata. Good luck on your journey; but you may simply die trying!

    And a word of caution, there was only one Sata and NEVER again are we going to have another like him, NEVER!

    • You people you respect FTJC all these development you now seeing is because of his government’s bold decision made in order to rebuild the economy. Unip left the country bankrupt and someone resigned in the name of corruption,to avoid be part of the bold decision as it FTJC’s unpopular.Only to back to come torment the person who brought him back to political life in collaboration with former unip president.Try to find out why certain things are happening now.They a past relationship.

    • While you were in deep slumber, just like now. RB sold Zamtel. What did you do?
      If it was not for Sata, Zamtel would be a Lybian asset. Do you even know who facilitated the sale?

      ZNBCis now China asset. What say you?

      The Zambian highways are soon to be foreign owned assets, are counting?

      NRDC is gone!

      You are crying over silt milk while the person carrying the pot of warm soup is selling it by the bowl.

      Wake up!

  3. It took me a long time to figure out who the “Wailers” on Zambianfootball (site) .co.zm. It was a no brainier! It was a tribal party cadres who waged a war of words to discredit the then FAZ chief Kalusha Bwalya who had won Zambia the first and only AFCON cup with Renard! The attack on Renard was well-coordinated and it is much later I came to know it was from a tribal party! HH and his cadres are danger to the peace Zambia enjoys! The same team you see now attack the President is the same team with a negative agenda in Zambia.

  4. HH is like you are hungry and you are given dry groundnuts to eat and you eat a bunch with one rotten one! You have to spit all! They are such a bunch!

    • Sharon this fat bootlicking boy Bowman is talking about your wet dream Hakainde…really laughable..something to set off for the weekend!!

    • For how long are you going to be waffelling about privitersation ??

      If you are not happy just investigate the man …..take him to court , instead it’s yap yap yap yap ….

    • Hh we hear you ,

      keep exposing these theives….we know what they are about…each time you expose their stealing they will try to silence you with allegations of stealing from privertisation for which we say them to report you to ACC ……

    • What will ACC find out after more than 20 years, when we have fresh cases of CK, after a year nothing has come up. Just noise.
      This has nothing to do with whether one is a UPND, but it’s about sh.i.thole politics being played here.

    • @ Amagenge

      Respond to what?
      Barking of a toothless dog?
      Or to fake news of fake “Docta”?
      Or about cost of 42 red painted wheelbarrows?
      Or about getting from pauper to richest person in Zambia in less than three years?
      Or about US$ 17 billion which cannot be accounted?
      Or about origin of your !mbec!lity?

  5. As a southerner I would say Lusambo has spoken sense though I don’t like him.My future president used initiative to enrich himself.Atleast he never wasted his “profits” on women .Anyone given that ka opportunity especially that Zambians were sleeping would have done the same.HH is not happy cz he knows how sweet dollar is .Besides he dosnt want anyone to be a millionaire like him.who will worship him.

    • Don’t be swayed by those dog bar.king, iwe, after 22 years, what is in? Nothing.
      Find a different reason to castigate your leader. This s.hitholes b.arking is not a reason at all.

  6. Sh*ty zambian politics. HH my foot! why is it thay every jim and jack in this government can issue statements and opinions? Order please!

  7. In SA, the Guptas are accused of state capture yet they are not in government. In Zed, HH is accused of benefiting from privatization, yet his supporters defend him believing he can’t benefit from privatization because he wasn’t in government. Really? Some people can be so oblivious to the naked truth!
    If we give HH the benefit of the doubt about privatization and ask how he got rich, the guy responds by giving us some ‘I took an idea’ line to the London stock exchange. Granted, if he took an idea to the LSE, what idea was it? Surely there’s no reason to keep the idea a secret. After so long, he can tell us the idea. No one will steal the idea because he must have registered for patents, copyright, trademark or whatever it is.
    Furthermore, for someone with so much experience in…

  8. … Furthermore, for someone with so much experience in developing and getting rich from implementing big ideals, why can’t he set up an innovation hub in Zambia as his ‘signature’ empowerment program to reduce unemployment especially for the youth who wish to become entrepreneurs through innovation. If his version of how he got rich is the truth, there’s so much people can learn from him and the results will speak for him during elections.

    Chipimo 2021.

    • @ Lobyolo
      Why not ask Chipimo about your thoughts?
      He will explain you why, how and because (hopefully before 2021)

  9. Bowman has little knowledge of issues pertaining governance, he’s always bootlicking trying to attract the attention of the president, just recently he was attacking people in the coperbelt stating that he’s not there to make friends, but to please his master. He should be ashamed of discussing issues which he doesn’t really understand,privatization is a big discussion and I don’t think he fully understand the role of the evaluators and those who carried the privatization process, stop being arrogant you’re not a kungfu master but a servant of the people,its time to evaluate your success in the copperbelt other wise time is ticking very fast.

  10. More than 100 parastatal companies were sold .We are now feeling the negative impact of poor privatization. Contractors such as Mpelembe drilling & many others went under.Miners who served in these mines were refuced to nothing. Zambia has not yet recovered from such evil transactions.

  11. Zambia ‘s dirty filthy politics stinks. Bwana Lusambo we will never win the fight against corruption if we always politicize it.

  12. Bowman is right. Someone became rich dubiously. In fact, the money he has even though you say he is a businessman, belongs to Zambians. He is the chief thief.

    • Are you !mbecile referring to US$ 17 billion of debit which Plunderers Federation under Endemically Corrupt Leadership of “humble”, “vise”, “visionary”, “anointed” and convicted embezzler?

  13. I can never waste my presidential vote on Hichilema because I was on the Copperbelt before and after that fake privatisation. I saw how thriving companies in Ndola and Kitwe Industrial areas got stripped and thousands of workers were thrown into the streets so suddenly and of course unexpectedly! The change as fast as lightening! Lives suddenly changed! No more income for the families, meant no food at home, no school for children, and most even lost shelter as they were told their house had been bought by somebody in Lusaka! Families broke down! Wives abandoned their husbands, children became mischievous, the men died out depression! Their spirits will never allow Hichilema to rule this country! Never!

  14. Ballmane lushamball talk about the Fire engine costing one million Dollars first before you take us back to Chiluba. The real PF are leaving you because you are not about real corruption happening now but yapping on by gones.

  15. Definition of a MORON: – ‘A person affected with mild mental retardation’.
    This Copperbelt Province Minister Bowman Lusambo is so retarded he is oblivious to the fact that he is deeply deeply insulting late President Sata’s signature character, i.e. King Cobra feared NO ONE. Period. (Ask GBM, one of the then main funders of PF, how he was not spared by King Cobra when he mistreated his wife)
    So, is Lusambo now saying King Cobra Sata found wrongdoing with HH, but was too AFRAID of HH after that heavy Sate investigation? that is why he did not get him prosecuted?
    Or is Lusambo saying he now has evidence, which ba Sata FAILED to get? This is deeply insulting.
    Just as HH rightly sued egoistic Tayali, I am now convinced HH must sue Lusambo to send a strong message w.r.t. Rule of law and…

    • Cont’d.. law and Lander/libel. This culture of lying by people in public office must be kept in check if we are to attain some semblance of respect as a Country.
      As a matter of fact, Rule of Law AND Christianity are intertwined. The scripture says ‘you shall not bear false witness about another person’.

  16. Hh we hear you ,

    keep exposing these theives….we know what they are about…each time you expose their stealing they will try to silence you with allegations of stealing from privertisation for which we say them to report you to ACC ……

  17. I 100% agree with Hon.Bowman Lusambo with the fact that HH and Privatization are found in one sentence.
    HH& FTJ Chiluba’s names come up in our minds whenever we hear the word PRIVATIZATION in Zambia!!HH has failed to answer any question concerning PRIVATIZATION and how he got rich!!
    Many Zambian voters hate Kainde mostly due to 3 evil things,namely;PRIVATIZATION,TRIBALISM and SATANISM!!!emulating late Michael Sata wont take Kainde to state house.the nigga has to be original.Mr.Sata is gone bo Kainde!!
    BRAVO HON.LUSAMBO FOR TELLING HH THE TRUTH BECAUSE HE THINKS HE CAN FO0L US LIKE HE FO0LS HIS BLIND TONGA SUPPORTERS!!

  18. @Spaka like lilo: continue hearing your Hh ……kekekekekekekeke……

    Burying your head in the sand wont win you any elections in Zambia.ITS 100% TRUE THAT HH HAS NO MORAL STANDING TO TALK ABOUT PRIVATIZATION IN ZAMBIA.
    its same as a prostitute teaching you how to stop sleeping around WHEN EVERYONE KNOWS THAT PROSTITUTES SLEEP AROUND!!!
    Same as GBM or Kambwili lecturing you about corruption WHEN THE TWO ARE KINGS OF CORRUPTION!!That is why we are saying only FO0LS can be deceived by Kainde when it comes to PRIVATIZATION!!Even late Michael Sata warned Zambians never to vote for HH because he may come and PRIVATIZE all remaining Govnt firms!!
    Tell your HH to lecture us about keeping (ukuchema) cattle (ing’ombe) A THING HE KNOWS BETTER(being a tonga)!!!Kainde must know that keeping…

  19. There is no need for the Honourable minster to mislead people. It is public knowledge that Valentine Chitalu chief of the Zambian Privatisation Agency (ZPA), others in the team were Francis Kaunda. HH was never part of this team

    • How did he up buying Lima Bank house in Kabulonga without paying a ngwee or being selling National hotels assets to himself for a song

  20. Why would a minister depend on getting answers from journalists, bwana minister if indeed you are in control of government, you have all the information at your disposal on who participated in privatisation, just visit ZDA formerly zambia privatisation agency, then take a giant leap any nearest court.

  21. UPND chaps are really tribal.
    1. HH was poor before PRIVATIZATION .Its not a secret that he undervalued Zambian SOEs some of which today he is a shareholder.
    When we tell UPND cadres that they are spoiling our fight against corruption by politicizing it,they don’t understand.The same reason HH is a free man today even when he took part in grand scale corruption is the same

  22. UPND chaps are really tribal.
    1. HH was poor before PRIVATIZATION .Its not a secret that he undervalued Zambian SOEs some of which today he is a shareholder.
    When we tell UPND cadres that they are spoiling our fight against corruption by politicizing it,they don’t understand.The same reason HH is a free man today even when he took part in grand scale corruption is the same reason many PF operatives will not be prosecuted.

  23. If Edith Nawakwi, then minister of finance and Brig. Gen. Godfrey Miyanda were to be consulted abt what transpired, they’d tell you the names that of the Zambians tried and convicted in corruption deals within the privatization process… Yet IMF and the cooperate world in the East and America continue laughing at Zambians’ sleepiness…. You choose to crucify your brother who just did his job and got paid for the job done, yet you see the decision makers who bowed to IMF pressure that has landed you in gross corruption now, when every Jim and Jack dreams of becoming rich just by leaking the “Boss’ ass”… Infact whatever Trump is talking abt AFRICA, he’s just saying about some African Governments now with the pipo in high positions

  24. My understanding is that HH and is company were contracted to evaluate the assets and submit the evaluation results to the government so i think instead of putting all the blame on him,we should blame the government that was stupid enough to accept the low evaluation,if that was the case.If someone tell me my house costs K1 but my guts say it should be K5,the final decision lies with me and if i accept the k1,then am the foolish one to be blamed.
    HH may have used some underhand methods to his benefit but the government of the day was well positioned to stop it but they didn’t because they were beneficiaries.I think HH did not steal anything because he hasn’t been arrested and all people who say he did,they don’t provide any evidence,Why is it that the issue of his involvement in…

    • cont:
      why is it that the issue of his involvement in privatization only came up when he joined politics and never before?I think its all political.
      I don’t support what happened during the privatization process but am just making an objective observation

  25. Guys let UPND defend their party all they want.

    In fact let’s all join in and say how great ayatollah is.

    Come election time! They’ll be silent yet again and start preparing for 2026.

    • Find a genuine reason, it’s unfair to use privatization as a reason. I am not UPND, I have never voted in any Zambian elections. I have tried to read all comments to find the bottom line and any facts, I tell you I am disappointed with the PF argumentation if any. Basically zero arguments, its just continuation of barki.ng none facts.
      I hope you will not open up your eyes after 22 years when you will start blaming LUSAMBO for having helped ECL in the Privatization of whatever….

    • Who cares? You personally what? LoL to be honest I don’t care who you support mate. My opinion is mine, and you have your own.

      Stick to whatever and I stick to mine, it’s called differences of opinion.

  26. Bowman like most PF members have it all wrong: the decision was made by the government of the day to sale the mines because they had become a drain on the meagre resources – costing the government at the time US$ 1 Million a day to keep them going. HH was hired to see about off – loading the mines which was a government decision with World Bank endorsement. This is different from PF government selling all state silverware for the sole purpose of fattening their pockets.

    • Fly on the Wall, these boneheads cannot understand what you are saying, HH was instructed by the corrupt MMD and Chiluba to sell the mines and everything else that was failing under Kaunda. These boneheads are just too thick to comprehend the facts. No point in trying to get them to use common sense, simply does’t exist!!!

    • You characters are so dull. It does not matter who instructed him or whether he was not part of privatization – the point is he dubiously benefited from the privatization exercise that led many Zambians to an early grave. He is free to enjoy his dubiously acquired wealth, but to lead, NO!

  27. Mines were sold at that time because they were not viable. Government was running them at a lose. Now PF is selling for the sake of just selling and fattening their pockets and thats what makes the difference. For one thing I dont like HH but he was just a hired gun. PF are missing the point. It does not matter who says this is wrong regardless of their past. If HH says its wrong now it does not make it right to say its right just because its HH saying so. Be reasonable Lusambo
    Disaster.

  28. ONLY A TONGA MUST LEAD UPND Says Sejani. Cursed is the day this man was born I personally hate him with a passion not only for his tribal tug but also for stealing from Zambians through undervaluation of corporate assets. Hh was never honesty in his transactions. What lusambo has explained is exactly what transpired. I was on the copperbelt that time I saw with my own eyes how the miners got depressed and others died soon after losing employment as a result of privatization. HH is blood guilty because of the people that died of depression, it is my hope that this man WILL NEVER BE THE PRESIDENT OF THIS COUNTRY. he has caused a lot of misery and sufferings to many people on the copperbelt,he is evil and a very selfish man

  29. The honourable is just shooting or playing to the gallery. Many years down the line, no Zambian has ever tried to take HH to court over MMD’s privatisation program apart from waffling unsubstantiated allegations. Why not take him to court and prove your allegations? HH should not be crucified at the altar of political expediency for the bungled privatisation program spearheaded by MMD. It bothers me that people like Valentine Chitalu who pioneered the privatisation program have never been put on the spotlight to account for their role. As long as no one brings actual evidence to prove that HH was the mastermind behind privatisation, the man will walk his head high with his business empire blossoming by the day, while we wallow in poverty and hardships for the rest of our lives.

  30. Most likely Lusambo is stating facts, but he Lusambo is not any better than the people that he is criticising, i.e. h.h and K.mbwili. He is a misfit in my opinion, sorry Your Excellency I respect you very much but just exercising my freedom of expression on Mr Lusambo.

  31. At the time of independence, the mines were in private hands. The economy was booming and everyone wanted to work in the mines. 1n 1969, KK announced nationalisation of copper mining companies. The nationalisation gave the Zambian government powers to use revenues collected from these mines to substantially reduce prices of basic food products. In the seventies, copper prices collapsed and the Zambian economy began to decline too. As a result the government borrowed money from the IMF to maintain lower prices of basic foodstuffs. The government was having difficulties in paying back the money, so IMF then put pressure on the them to restructure the economy and abandon the socialist (dirigisme) economic policies which KK had adopted, hence the birth of the Structural Adjustment Programmes…

    • Mcgyver you spot on.That was the genesis of vices such as black market, corruption and icilema took advantage when privatization began.For your information workers were not been paid or not PSID for years but they used go for work and to survive they started stealing company property and sell to make ends to be met.It is important to the history of a country and how we have found in this situation.The dirtiness we are witnessing to day was started in 1967,I saw it myself,I IWas in form 1 at Kitwe Boys which down graded from high schools like other high school in the country, Kamwala Sec School to a mere secondary school without a vision for technical education

  32. These programmes were blamed for causing more economic decline and in October 1991, the authoritarian regime of Kenneth Kaunda came to end. Then Chiluba came in and found the country on the brink of bankruptcy , his own words, ‘ if Zambian was a shop it would have been closed long time ago, because there is nothing in it’.It was hoped the privatization of the mines would help rejuvenate the country’s ailing economy. The condition of the mines had deteriorated and the income from copper sales had more than halved. President Chiluba appointed Francis Kaunda as chairman of the ZCCM privatization team because of his knowledge on the mining assets and his credibility with investors in the mining industry. This team hired local experts to sell assets, Norman Mbazima and John Patterson were…

  33. The level of ignorance is scaring in zambia. Firstly the chief of privatization was not HH but valentine Chitalu. Second HH was only 28 years old when mines were sold. Are u sure as Zambians we are so dull that a young man could have duped Chiliba, Penza, Emanuel Kasonde, etc? Come work up. HH as a young man only provided consultation/ evaluation. Go to Zambia Development Agency, the records are there. Bowman was probably 12 years old at the time and only relies on the slander and propaganda against this man

  34. tasked to sell core assets, Hakainde Hichilema headed the Subsidiary assets, Mwila Lumbwe was given the task of disposing of the miscellaneous items and lastly but not the least Elias Chipimo Jr was hired for legal services.
    HH was already a wealthy man with a lot of investments in South Africa and in America as confirmed by Dr Albert D. Bwalya, a Political Scientist.. Edith Nawakwi (FDD President) was the Finance Minister at that time and she can tell us the truth whether HH was ever involved in any under valuing the mines. Nawakwi would have been in forefront condemning HH if indeed he was really guilty. Lusambo is saying what he is saying because other people are saying it.

  35. Zambians let’s protest to multichoice to remove s..thole CNN from their bouquet. S..thole CNN has no news, every minute its trump this that no shame. S..thole CNN is biased.

  36. I find it very interesting that the entire MMD Govt, including the Die-Hard National Youth leader, went to sleep while a private Zambian Citizen dubiously sold the Mines and other State Owned Enterprises (SOE), got rich and no-one woke up to arrest him. The new administration, PF, which is wide awake now, should prosecute HH. if indeed he dubiously benefited from the proceeds of “selling” the mines.
    My expectations are that Ministers, just like the Republican President, should be more on policy making, focusing on national development programs and uniting the people of Zambia regardless of political affiliation, religion or tribe. Cheap politicking should be left to the grass-root cadres.

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