Sata’s document on HH’s wealth, and who is HH?

Hakainde Hichilema

Hakainde Hichilema

Zambia’s President Michael Sata on Tuesday for the second time disclosed opposition UPND leader Hakainde Hichilema’s wealth and this time also tabled a document with detail and circulated it to the press.

President Sata accuses Hichilema of having stolen to acquire such wealth and charged that his government will submit the document to the Commonwealth which the opposition leader has invited to Zambia to investigate human rights abuse by government. He said he wants Hichilema to explain how he acquired this wealth to Commonwealth.

The document released by President Sata at State House on 19th January 2013 has the following information about HH’s wealth:

  • Hichilema has ranches holding over 90,000 cattle in Central and Southern provinces valued at over KR360 million (K360 billion). Four ranches in Choma operating as HH Farm and Blukes Farm which have 20,000 animals and another three ranches in Kalola, Chibombo, property numbers F/1604/A, F/2270/A and F/9184 with a total 35,000 animals among others. The Cattle ranches have helped Hichilema to emerge as one of the leading suppliers of beef to Zambeef Plc.
  • Hichilema has shares in various private companies including Zambezi Sun International Hotels in Livingstone, Pick n Pay, Game Stores, ALS Capital, a bureau de change based in Lusaka, Manda Hill Centre, More Beef Limited and Anglo-American Corporation.
  • Hichilema has three houses in South Africa, two in England, three in Lusaka and an office block in Choma.
  • The UPND leader has four accounts with ZANACO with balances of US$820,411.58, KR45,000 (K45 million), KR9,000 (K9 million) and KR135,000 (K135 million).

Who is Hakainde Hichilema?

Hichilema was born in Hachipona village, Monze West, in Chief Hamusonde’s area. He is married to former office manager Mutinta. Together, they have three children, daughter Miyanda, and sons Habwela and Chikonka.

According to declarations during the 2011 elections, Hichilema is the richest politician in Zambia. He has never worked in government through out his life.

The opposition leader is an economics and has been in business from the time he left school. Hichilema used to seat in about 50 Boards in which he chaired several of these. He became a Chief Executive Officer at the age of 35 years.

Hichilema took early retirement in 2006 after he was called to join politics and lead the opposition UPND following the demise of its founding leader Anderson Kambela Mazoka who was also his partner in some businesses.