Nawakwi gets free education on Sun International hotel

FACTS ABOUT SUN INTERNATIONAL ZAMBIA OWNERSHIP.

By: Anthony Bwalya – UPND Member.

Madam Edith Nawakwi has been lying to the public for several days now, falsely accusing Mr. Hakainde Hichilema and His Royal Highness Chief Mukuni of being shareholders in Sun International Zambia, a company incorporated in Zambia in November 1997 when she was still serving as Finance Minister.

She alleges that HH and Mukuni have enriched themselves from receiving shareholding proceeds from the company.

Firstly, I do not understand how someone who cannot tell the difference between a company director and shareholder was allowed to serve as Finance Minister. Clearly, she did not know much about what was really going on around her. No wonder the privatization mess that destroyed the lives of millions of Zambians.

For the sake of educating Madam Nawakwi and her colleagues in the PF, directors are NOT owners of the company. They merely manage the affairs of the company for and on behalf the owners. But even this role depends on the kind of directorship, whether Executive or Non Executive.

Shareholders on the other hand are the OWNERS of the company.

STRUCTURE OF SUN INTERNATIONAL ZAMBIA.

1. Shareholding.

According to PACRA,

Sun International Zambia has a total of 50,000 shares.

(a) Joanne Elizabeth – Canadian Citizen ( 1 ordinary share)

(b) Sun International Inc. (49,999 shares)

So, these are the owners of Sun International Zambia and NOT HH and Mukuni. The latter Two (2) have ZERO OWNERSHIP stake in the company.

2. Directors

According to PACRA,

Sun International Zambia has Five (5) Directors.

(a) Richard Caesar – South African citizen
(b) Ramakhathela David – South African citizen
(c) Joanne Elizabeth – Canadian citizen
(d) Hakainde Hichilema S – Zambian citizen
(c) Munokaya Siloka III Mukuni XIX – Zambian citizen.

These are the people who “MANAGE” the affairs of the company, subject to what I mentioned about the different kind of directors.

My guess is, these are non executive directorship positions and NOT involved in the day to day affairs of the company.

They sit on the board just to provide the right kind of incorporation balance I imagine, and there is/ was no law against that.

Chief Mukuni MUST sit on that board. The land between the two hotels in question is in his chiefdom and belongs to his people.

An incorporation consult is allowed to sit on the board. The law permits it.

Both positions are renewable if the board and the individuals agree.

Fellow Zambians, Madam Nawakwi does NOT even know about this information, while if she does, she clearly does not understand it. This could be the only explanation why she has just been making wild statements and peddling fabrications.

The 1997 transaction in Livingstone delivered and has delivered excellent value for our country, thanks to Hakainde Hichilema and his leadership foresight.

Nawakwi wants to tarnish the name of a good man because she was sleeping on the job and now wants to save face?

Not in this lifetime madam.

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COMMENTS

WORDPRESS: 27
  • comment-avatar

    Do you remember when she was dropped by Chiluba from his cabinet she openly called him a thief and I am sure she is the one who even made Mwanawasa to start investing Chiluba when he became president.This woman is bad

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    Kabudo 2 weeks ago

    The issue Brave Nawakwi is talking about is declaration of interest. In business, you can not be on both ends of the transaction, it either you are on the seller’s side or buyer’s side.If you find your self to be on both sides and you are an interested party, you should declare interests and stay away from the transaction. These are the ethics of business.

    Did HH do this, answer is no. By virtue of him being chairman of the negotiating team of of ZPA and a director in Sun Hotel, he had an hidden agenda. Sale the hotel cheaply to come and benefit later. That is why now he is a shareholder in Sun Hotels. The hidden benefits have now surfaced. Kudos to Nawakwi for exposing this scum.

    Even on Lima Bank, Instructions where to liquidate the company and not to sale. wHAT HAPPENED? Assets where sold to the public and one house to HH. Again no declaration of interest.

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    This issue of pravatisation is closed and won’t help or change lives of zambians today , we’ve serious issues to fix and not closed chapter.

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    Where was nawakwi ‘s brains when things where going bad 
    Who sold those companies? 
    Wasn’t her and the mmd government that sold those companies
    If you’re seeking for a position in pf government seek it with deligency not with lies or with a heart of blackwidow

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    Collins 3 weeks ago

    But uyu Bwalya is so dull, cannot even distinguish it is about conflict of interest?? Ati free lesson on sun Hotels mwembwa mwe bakabolala

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    Kennedy L Mtonga 3 weeks ago

    It’s very simple, if an allegation is falsely leveled against you all you do is produce facts to the contrary. That’s all.
    Not to start throwing defencive stones. Why are people getting upset at asking HH what his involvement was.

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      It’s very simple Kennedy Mtonga. If you allege someone to be a thief, report them to the police.
      Now for the past 27- 28 years you who had information of thieving you don’t want to report?
      Its circus and you take such information with a pinch of salt.

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    Amerix Malu 3 weeks ago

    Good morning all. Minister of finance then Nawakwi and she says she was dubbed. Let me add some advise to her in saying she was dubbed, the tendering process is advertised with criteria on how the would be winners will be realised or selected. The advertised criteria does not change in any circumstances and if it does, then an addendum will be put forward to all bidders and possibly an extension is sanctioned. She cannot say she was young also at 30. As a minister, where were the PS, technical staff and others? Is she telling the masses that she was working alone? Who were on the evaluation committee? Who were on the approval committee or procurement committee approval? These two parties or committees do not involve HH. The approvals are done by the procuring entities through the controlling officers. Now if Nawakwi is saying the then HH as a consultant convised her, then there was interference in the due process by the Minister. And again, it’s improper to get every consultant advise as true. A consultant is just aan adviser and the procuring entity to which the services are sought can override. Young or not young at 30, she was a minister and the appointing office delegated the work to her. She is on the wrong, sorry I judge her. The process of sourcing for bidders was interfered and here the consultant does not come into play. I see the minister interfering with the process while it was being evaluated against the criteria. The minister should have been working with her technocrats who should have advised her correctly as she claims. How does a consultant work and report? The problem we have our leaders take lead in exercises that have high risk to deal with with no knowledge at all. Use your intellectuals to deal with technical issues and make sure your hands are not soiled. This is why even today we see or hear institutions award bidders who do not even qualify at preliminary.

    Am a supply chain consultant with vast experience on the procurement process and when I listened to her interview, serious these guys in high officers mess our professionalism and would arrest her same day if I was a judge. That was ignorance on her behalf. You do not get bidders like that as plainned. We are told it was an open tender or bidding process. What were the terms of reference and criterion for selection. These processes you do not involve consultants till award. Are you telling me procurement specialists could not finish the process? Come on this was simple process. Your job could have been drafting terms of reference or specifications that’s all. We buy aeroplanes with specifications from users not this simple job. Trust your professionals to stay safe.
    Those in similar offices, please use the human resources you have and getbadvise and do not involve yourselves in issues that will implicate you in future.

    It’s was a procurement case and I wonder why she was still getting advises from the consultant even after advertisement. You see you are being issues here, some company that bidded can sue the government for refund for the process was not transparent. It’s clear to me that you advertised but you never followed up the due process. Feel so sorry to learn this from madam Nawakwi.

    MUMY Nawakwi, you are a mother and I sincerely feel even when somebody called you something, when on air, please mum, try to show motherly heart and christ like in you. You called your colleague names without your friend defending himself, sorry you need to be on your knees. Remember Exodus 20:5. Read the entire chapter, and you will understand that God punishes sins of parents to third and fourth generations. Please sobber your heart and make peace with everyone more especially that you are in your evening time ⌚. I love you and be sobber and accept mistakes more importantly ask how procurement matters should have been addressed. You errored mum.

    To HH, I know that procuring entities get specifications or terms of reference before advertisement. Once advertisement is made, no interference till complete evaluation. At no time do consultant s come in. If you did, it’s clear that you submitted incomplete terms of reference and the tender was supposed to be canceled and retenderd by the government. In either ways you were not responsible anyway by Nawakwi. Not all consultants are procurement consultants. Procurement is a professional and even at that time government were advised by the technicians but I know they were not listened to and thus this challenge today.

    This issue is going no where for people that understand matters of procurement and policies. No need to set tribunal as if we have no heads.
    Lastly, Mulenga a radio presenter at 87.7 when bring up issues on air do not be bias, ask question and sobber up. Today morning you were speaking for some people and against HH, you complain of mines, HH did not even evaluate them, then who did wrong thing again? Cashew it industry in mongu was sold by who? Hh, who do not know. My sister every privatization transaction was done badly maybe because people had no brains or were drunk or did not know what they were doing. You emphasis was one sided, you don’t speak like that on serious issues like one guy who asked you about gassing today. Have you already forgotten how u fought your neighbor this year. Look me was affected and my child gassed at Arthur Wina and still pains me. Have you guys spoken or taken it seriously, No. Meanwhile you are there saying you speak on everything as today. Sobber up young lady as you will be losing your grounds due to being tangled in politics. As a journalist, be neutral and ask your questions in a professional manner without influence in any kind. You were influencial today no wonder one got upset with you. Stop it!

    Ask questions soberly and let HH know that your colleague responded, now come and respond to the public. By our role is moderating not influencing. I. Have suffered from privatization till now so when I hear non substantial issues and presentations on the ground, I break alot because we ought to sort problems now and make zambia a good place for us. You voice this morning was bad as we fought each other early this year. Stop it and speak as a journalist not a politician or speaking on behalf of someone. When you want your opinion to be heard, do not present yourself and make a call to the program so that you too become a participant or caller.

  • comment-avatar
    Kalok 3 weeks ago

    Anthony is fast becoming the Sunday Chanda of UPND. Sycophancy has this dangerous way of creating a parochial viewpoint.

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    adviser 3 weeks ago

    Anthony – It is so strange that you have taken it upon yourself to be HH’s social media lawyer and personal assistant. Stay away and let HH answer for himself. You will just get burnt, these issues are too hot for you, be careful.

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      Nosense…When HH answers for himself you say he, why he is angry? He is Liar he is hiding something. Check the records for yourself. PACRA is in all Provincial Centres and online too.

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        adviser 3 weeks ago

        CRY ZAMBIA: We will see where your arrogance will take you.

        • comment-avatar
          Bambanazo 3 weeks ago

          HH made his money at Coopers and lybrand as a business consultant and was able to buy it off in a management buyout and changed its name to Grant Thornton just after Mr Thornton left Zambia.

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            i am calling on all bally supporters and intellectuals to stop wasting their energies educating these dander heads on the issue of Nawakwi. believe me you that no one does not know the facts on the ground. its election time and they have realised HH is hot on the ground and they have felt his heat. for a long time now they have been witch hunting him with no success and they are still on it. advising them and trying to lay bare the truth will not work because it is through malice and false accusation that they want to archive their evil goals. my advice is seat back and enjoy how they are panicking because it will not take them anywhere. mind you, by their act he is getting more popular. everyone is watching and the world at large is watching this with keen interest. should they dare touch HH they will not believe what will erupt out of it.

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    HH is capable of responding. Let him respond personally.

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    Evil Cruel Loony 3 weeks ago

    Nawakwi is a low-grade under-educated biatch who only became Finance Minister because of Chiluba’s tribalism. She is clueless and is now a yapping dog for PF. Sun International is a well known hotel group owned by a South African Jew, Sol Kerzner. Nawakwi and Dollar Syria should be left to selling groundnuts and not commenting on national issues.

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    Njangwamuloty 3 weeks ago

    HH must sue this ignorant stupid cow!

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    Njangwamuloty 3 weeks ago

    To think someone like Nawakwi so ignorant about ongoing business concern sales, board and executives structures could have been Treasury Chief during such a critical stage during the sale of our assets is frightening. What criteria was used to appoint her Treasury Chief besides being from the North? With Mvunga, it’s also wako niwako, brace yourself for more damage, kuuunya baneee!

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    We are sick and tired of the PF’s fault finding of HH it started from LGBT then they said he is a Freemason the lower Zambezi issue the mines then the fires which destroyed city market the gassing which they wanted to wash on HH and the failed plan of accusing HH to dethrone the Chitimukulu PF government is evil and we are going to leave PF in God’s hands to sort them out because God never fails and this plan now of Sun hotel whoever is involved in fabricating lies God will start killing them one by one mysteriously just wait and see what will happen to the evil ones they sit as a group to plan evil against the poor people God will start striking you one by one you will not live to see the elections mark my comment today and save it somewhere God is not happy with PF.

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    Dr. Nyeleti Mukongo Nyoko 3 weeks ago

    Nawakwi’s yapping is the result of sleeping with many different men. Females that have carnal knowledge of many men are usually confused and single. Nawakwi maybe the exception to the latter. Every time a man ejaculates in a woman he leaves a bit of his identity in her. These are the demons we are seeing manifesting in Nawakwi. Too many different identities (sperm) in her vagina.

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    FuManchu 3 weeks ago

    Anthony Bwalya you have gone out of your way to help a supposedly educated and once been minister understand something she should have been aware of! From what I have gathered she misleadingly keeps referring to the $20 million which was bid for Sun International inclusive of Hotel Intercontinental in Lusaka! She was young and beautiful rising star in the MMD leadership then but not that smart as to understand the consultants’ explanation then! Something probably personal could have derailed her concentration then! Now her rejuvenated cuddling with PF is sending her bonkers!

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    No wonder this woman can never be a president,i pity her followers.A well meaning Zambian can not vote for this disgraceful woman.she is desperate for money that’s why she ventured in that dirty business with her butchery.My president HH remember how the MMD wanted to tarnish sata’s name when they realised that their time was up,this is what is happening.It actually gives me joy to see that they are already defeated.nothing can change our decision,we are behind you don’t worry my president.zambia forward,ifintu ni Bally.

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    Lisimba Mukobotoire 3 weeks ago

    When Nawakwi talks, I realize that it is not her talking but demons that possess her. I pity this lady because at the end of the day she needs healing.

    • comment-avatar
      Dr. Nyeleti Mukongo Nyoko 3 weeks ago

      Nawakwi’s yapping is the result of sleeping with many different men. Females that have carnal knowledge of many men are usually confused and single. Nawakwi maybe the exception to the latter. Every time a man ejaculates in a woman he leaves a bit of his identity in her. These are the demons we are seeing manifesting in Nawakwi. Too many different identities (sperm) in her vagina.

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      Nawakwi where were u 3 weeks ago

      Guys no need to insult. National matters require a mature approach with sobriety.

      To help solve Nawakwi’s puzzle on Livingstone, was she sleeping in the last 20 years? Why was this matter reported to ACC immediately it happened? I SMELL A RAT.

      We need TOR for HH’s consultancy firm on the Livingstone intercontinental Hotel assignment & it must be made available for all of us to see. More questions will follow when TOR are published 

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      Nawakwi where were u 3 weeks ago

      Guys no need to insult. National matters require a mature approach with sobriety.

      To help solve Nawakwi’s puzzle on Livingstone, was she sleeping in the last 20 years? Why was this matter not reported to ACC immediately it happened? I SMELL A RAT.

      We need TOR for HH’s consultancy firm on the Livingstone intercontinental Hotel assignment & it must be made available for all of us to see. More questions will follow when TOR are published 

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    Muntu Bulyo 3 weeks ago

    This is the problem when cadres and para wives are given Government jobs. It also shows how our leaders can lie just because they do not like certain people. If the matter is brought before a credible court, HH will be paid millions as result. Taxpayers money should never be used but Nawakwi’s personal money.