Phillip Chiyangwa was born on the 3rd of February 1959 in Chegutu, to Divaris Makaharis and Marita Mandivenga. He was born in a family of 14. An entrepreneur and business icon of note, Mr Phillip Chiyangwa is a founder and operator of several businesses including a listed company. A Mentor, Mr Phillip Chiyangwa is affectionately known as “Mkoma Fidza” by his numerous admirers, who find hope and inspiration in the self made business tycoon who also dons the title “The Godfather of Black Empowerment” or “Captain Fiasco” and “Mureza We Hondo” in political circles. Phillip attended Chegutu Primary school and completed his higher education at St. Francis Secondary school. He went on to obtain various professional qualifications from top colleges in the country and worldwide. Phillip Chiyangwa founded the Phillip Chiyangwa Foundation which provides education scholarships countrywide. Through this foundation Phillip provides financial assistance to business, bereavement and general financial relief. Phillip has on numerous occasions provided shelter to individuals and organizations as needs arise and through this foundation will continue to do so. Dr Chiyangwa is involved in programmes that help the Disabled people in Zimbabwe. He is the Patron of DHAT, an organisation working to advocate for comprehensive rights based initiatives for persons with disability in Zimbabwe. Dr Chiyangwa is also the Patron for NASCOH. This is the umbrella body of 60 organisations of and for people with disabilities (PWDs) in Zimbabwe, representing over 1.4 Million people (about 10% of the population) who are mentally and physically challenged, the visually and hearing impaired, and those with conditions like epilepsy and Down syndrome. LIKE or hate him, PHILIP CHIYANGWA (PC) is one of the most known Zimbabwean black businessmen to emerge in independent Zimbabwe, who features prominently in Africa’s Richest Black People List. His meteoric rise from a barefoot and spike haired vegetable vendor in the dusty streets of Hartley (now Chegutu) in Rhodesia to a flamboyant businessman, property developer and politician in Zimbabwe has never been understood by many, who have more often than not, claimed that his wealth is ill-gotten. Daring and unshaken in his spirited quest to get richer and richer, Mr Chiyangwa — who says he has a PhD in Common Sense — has courted controversy on his road to riches. Features Editor ISDORE GUVAMOMBE (IG) talks to Mr Chiyangwa (PC) about his upbringing, Business Empire, wealth and the future.
IG: Who is Philip Chiyangwa? PC: I am a businessman, who has gone through a long way. I did not get my wealth yesterday. I got it through years of hard work, investment, reinvestment and strategic planning. I am Christian but I must say these things are not manna from heaven. Where others see disasters and problems, I see opportunities. Even when I diversify, I remain focused. My mother Marita taught me to be astute and to be an entrepreneur from pamusika, the vegetable market. She taught me to buy and sell and my father taught me to cast visions and to stay focused. That is me. IG: People say you are a crook . . . PC: No, no, no! They are mad. If I stole a cent from anyone or anyone’s mother, grandmother or so, they should come and claim it. Kana ndakabira mai vemunhu kana tete kana mbuya vake ngavauye vatore because I now have the money, I have the money! My money is clean. When people are spiting me or sleeping, I am thinking hard and strategising to make more money. I have a doctorate in common sense, where academics and professional end, is where I start.
HOW did you make your money? PC: There is no magic in making money. You must characterise money as your friend. As blacks we have over the years believed that no one makes clean money. There is no magic in making money. They think money is difficult to make and that money is for those who have it already and that is wrong. If you have a problem with money it’s you because as for me, I have the money and I don’t have a problem with money. In many homes people fight over small money and how then do they expect money to visit them when they fight over small money? If you value money and you wish to create and accumulate wealth, you must be able to sacrifice and do things to make it happen. All my investments are in Zimbabwe not outside Zimbabwe. I can export but I remain in Zimbabwe. IG: That is a bit philosophical. Anyway, where did you grow up and how? PC: I was born in what is now Chegutu. You know there is no tarred road in those locations? I grew up in the dust. I was born in a family of 14, same mother, same father and I was number seven, now I am number one. All those senior to me died. My mother was a vendor, a vegetable vendor and she was the first to teach me to buy and sell, which is what I do to make money up to today. What differs is the scale. My mother sold vegetables, I sell stands and properties. I buy companies and sell, when it becomes necessary. My father was a restrictee, a political detainee in Whawha and Gonakudzingwa. He was in and out of detention for politics. Early days
I went to school with old people, in Grade three, you would get someone 15 years old and in grade six or seven you would get someone 20 years old. You needed to be clever and it made me clever. In between school I was a vendor helping my mother.
IG: That famous story about your scramble with bigger boys to get to the top of the rural bus and grab vegetables . . . PC: Ah, that story. Okay, as vendors we would get our vegetables from buses, Dikita, Matambanadzo and Masiyandaita, that came from rural farming areas like Musengezi. Each time a bus arrived, there was pushing, shoving and jostling among vendors to grab the vegetables first. I was too small and young but I would run for my mother. The other boys were big and strong so it was a struggle for me to get the vegetables from the bus career for my mother. One day, I cycled to a place 15 km away and parked by the bus stop and when the buses arrived I paid for all the vegetables and when the buses got to Chegutu, the other vendors were told that they had all been bought by me. I was a rendezvous buyer. This is how my mother became a wholesaler of vegetables and all vendors would get vegetables from her. It became a norm. This is how my mother managed to send all of us to school, as a vegetable wholesaler. IG: After school did you ever work for anyone? PC: Yes, my first job was working as a garden boy for an elderly Portuguese family that had abandoned Mozambique when Samora Machel took over power. I was later to learn that those are the people who blocked sewer and water pipes in protest of black rule in Mozambique. Between running their errands and tending their flowers and hedge, I would dream of getting rich. I would think of having my children growing the same way like I did. Like I said, my father was a restrictee. My situation did not make me despair, it hardened me and made me more ambitious. My poverty inspired me. I always dreamt of getting rich. I knew my situation would change for the better. IG: How did you leave? PC: Cutting hedge as usual, the milky liquid accidentally got into my eyes and the old lady would not understand seeing me rinsing my eyes with water at the tap continuously. She was enraged and shouted at me so I ran to my mother who took me to the shops and bought milk. She cleaned my eyes with the milk. I never went back. IG: People say you are not educated, how far did you go? PC: I am educated. I attended Universal College in Highfield and did bookkeeping, elementary, intermediate and advanced certificates. I did typing too. That was in 1976. In 1977, I did Accounting Machines (NCR and Burroughs) at Commercial Cotcers College, now Zedco; ask the old folk what it means. It was a special course. I then went to work at York House in Bulawayo, now owned by Mines Minister Cde Obert Mpofu. While there I did an advanced diploma in accounting. I left in 1980 to join Dunlop Zimbabwe as an Industrial Engineering, Assisted and Work Study Trainee. I learnt the whole process of making a tyre. That time my elder brother, the late David popularly known as Mr Bulk, was working at Chitungwiza Council as a debt collector and he pressurised me to relocate to Harare. I made seven applications for jobs in Harare and was finally called by Willovale and I shocked them in that interview, where I finished answering questions in a record 15 minutes of the stipulated 30 and I got 100 percent. I was later to move to Van Leah together with Tichafa Ndoro, who is still Managing Director there and that is where I first met Reserve Bank Governor Gideon Gono, way back in 1982. So all those people who say things about me and Gono don’t know what they are saying, man. I have known him since that time, not yesterday. Phillip Chiyangwa Cars
IG: When exactly did you go into your own business? PC: When I left Willowvale for Van Leah, my brother David, had left Chitungwiza Council and was buying and selling cars. I used to market cars for him from my office. I then decided to do my own thing and left. IG: What did you go into as your first business? PC: I formed Phids Electric Sounds, a disco that became very popular in Chitungwiza, Musami and St Ignatius and massive promotional work. I managed Hosea Chipanga, the Erosion Band and others. I dominated boxing promotion and wrestling. I managed the African Boxing Champion, Proud Kilimanjaro Chinembiri, Gilbert Josamu, Ambrose Mlilo, and Langton Tinago. I accompanied Kilimanjaro on his fight with Lennox Lewis, which was a fluke. I also did accounting books for many black business people who had shops. I felt I should be a businessman.
Phillip Chiyangwa Buys Expensive Golden Cellphone
IG: Is this when you formed CIA?
PC: Yes, its actual name is Commercial Industrial Agency. We supplied stationary and furniture to rural schools and institutions and by 1984, I had started manufacturing my own furniture and selling it. My business then grew with the economy. Business was not difficult; there were opportunities for all enterprising young Zimbabweans.
In the 1990s, I became the first black to own a Betting Licence and the whites were after me. They wanted no black person in that industry. I was minting money; I had 43 branches throughout the country and employed more than 183 people. IG: What did they do to you? PC: Mashonaland and Matabeleland Turf Clubs were after me, man. They were white-dominated and there were an enclave of classic white racists, diabolic and protective of their interests. They spent three years fighting me. Suddenly, I was fighting all white people because I had gotten deep into their enclave. I touched their raw nerve and white law firms came after me big time. Some blacks are apologetic to the whites because they don’t know these people. Most of them are coconuts for the whites to crush and eat. For whites to respect you, you must know that you are black, good and equal and as hungry for money as them. IG: What can you tell us about Affirmative Action Group? PC: I had enough reason to enter and fight agriculture, the white man’s nerve centre after my ordeal with the turf clubs. The only way was black empowerment and this is how we mooted AAG with the late Peter Pamire. I attacked them where it hurts most and founded AAG, 17 years ago. AAG has done extremely well for black Zimbabweans. It was the entrance of blacks into the private sector. I am also a strategist. IG: How did you leave politics, was it your involvement in the so-called Tsholotsho debacle? PC: After MDC got into Parliament through the backdoor by taking advantage of the relaxation and infighting within Zanu-PF, the internal struggles took their toll on a lot of us. Some ended up cooking stories about me. I was caught up in that. Some said I was leading the Tsholotsho team. That led to my unfortunate exit from politics. I had to come to terms with the machinations of politics and I forgive those small-minded people who created the story for me. IG: How have you received the Inclusive Government? PC: After the formation of the inclusive Government I have been able to analyse the total ineptitude in dealing with the MDC-T. Tsvangirai has a collection of touts, bad apples, people who have failed in life yet to be in Zanu PF one has to have a distinction of competitive edge. Criminal perverts and excretes collected into MDC and Tsvangirai buries himself into the pus. It is common cause that the Prime Minister is not among the most learned and he talks about me while addressing Harare councillors, without getting the facts right. I have more money anybody has ever come across and he said I was a crook. No one who has associated with Tsvangirai has ever made money like me. I challenge them. IG: That brings us to your land deal with Harare City Council. What really happened? PC: This was an unfortunate incident that was cooked up and made believable for the people of Zimbabwe. I wonder if the MDC-T can govern. An incompetent assembly of people, who had absolutely no idea of law, facts of the deal gathered and decided to deal with Chiyangwa of Zanu-PF. Firstly, the council was broke and I gave them money for salaries, US$7,1 million and they gave me land but as usual, this is a sign of the poverty in MDC-T. Tsvangirai brought into councils a baggage of corrupt councillors. We are now locked up with this kind of councillors, bereft of ideas and procedure. They sat and discussed my issue without getting in touch or inviting those who crafted the deal. It was a land swoop deal and they still owe me a lot of land, ask Tendai Mahachi the town clerk. I gave them 22 ha of land and they gave me 17 ha. Stupidity took over reasoning. If they owe me a public apology and if they pay little money I will forgive them. I have an affidavit from Mahachi on the deal. IG: What positions to you currently hold? PC: I am the president of the Construction Industry Federation of Zimbabwe, Vice president of the Zimbabwe Construction Industry Council which incorporates Zimbabwe Institute of Engineers, Zimbabwe Building Contractors Association, Institute of Architects of Zimbabwe and Real Estates Institute of Zimbabwe, among others. There are seven of them. Of course I am the founder and chairman of Native Investments Africa Group. IG: In your life, which incident do you regret most? PC: When I lost my daughter. She was my first child and she drowned in a swimming pool together with my friend’s daughter at Jameson High School in Kadoma. Apparently, I had influenced my friend Isaiah Chabveka to send his daughter to the same school with mine. Both girls drowned. It was very sad. It was a double tragedy. IG: What is the future of your business empire? PC: The future is to diversify; there are a lot of foreigners coming for our diamonds and other minerals. We need to look into that area. The housing project is being reviewed so that we provide cheaper stands at around $25 per month for 30 years. The poor must have access to decent accommodation. This is what we want. I am a trendsetter, I want to take advantage of the situation and look at econometrics. I want to write my autobiography, I want to release two books on how to make money.
Phillip Chiyangwa Showing off in Bently
They are coming onto the market soon. I think it is easy to make money; there is nothing scientific about making money. I have a doctorate in common sense; I start where academics and professionals end.
Flamboyant Business man Philip Chiyangwa procures a US$2,3 million jet Flamboyant business mogul and entertainer Philip Chiyangwa is about to add an aircraft to his fleet as the tycoon revealed that a Challenger 600 jet has been purchased from Spain. Chiyangwa, who is one of the best known black businessmen to emerge from independent Zimbabwe, told us that a deposit has already been paid and the jet will be coming soon. "The jet will be coming soon since I have already paid a deposit for it. The jet is called a Challenger 600 and is from Spain. Since all the logistics have been met in no time it will be in your midst," said Chiyangwa. However, he could not be drawn into revealing the exact amount of the jet but research by this reporter revealed that Chiyangwa could have paid a deposit of around US$1,1 million as the jet costs approximately US$2,3 million. The new acquisition will join an array of some of the latest fleet of wheels that the business magnate possesses as he is also a proud owner of a Rolls Royce, Bentley, Land Cruiser, Range Rover, a Mercedes Benz AMG and many more.
Inside Philip Chiyangwa Private Jet
Chiyangwa, a sober-minded avid admirer of Gucci sun glasses, and Rolex wrist watch, features prominently in Africa's Richest Black People List. He owns various properties including a sprawling 25-bedroom mansion in the leafy Borrowdale suburb. He had a meteoric rise from a barefoot and spike-haired vegetable vendor in the dusty streets of Chegutu to a flamboyant businessman, property developer and politician. Daring and unshaken in his spirited quest to get richer and richer, Chiyangwa, who says he has a PhD in Common Sense, has courted controversy on his road to riches. He has never been understood by many, who have more often than not, claimed that his wealth is ill-gotten, as assertion which Chiyangwa himself has vehemently dismissed in various interviews with the press. Challenger 600 was originally designed by the same developer of the Learjets, Bill Lear, and named the LearStar 600. After selling exclusive rights of the design, the LearStar 600 became known as the Challenger 600. This heavy jet accommodates 10 passengers and has a full avatory. The Challenger 600 is more like an airliner than a private jet. Comparable to Boeing 707, it offers much more cabin space than any other similar aircraft. It is quiet, fairly economical, and handles well. Pilots love to fly it, and passengers love the spacious, comfortable cabin and transcontinental range. - B-Metro Chiyangwa's Companies
Zeco was incorporated in Zimbabwe on November 2007 in order to facilitate the consolidation of the ownership of Delward and Crittall-Hope, all of which were wholly owned and/or under the control of Native. Delward and Crittall Hope are all engineering companies that have been operating for more than 50 years, with ownership changing hands over the years. In 2008, Zeco acquired all the assets held by Corbett Holdings (Private) Limited (“Corbett”) its subsidiaries. The nature of business undertaken by Zeco is defined by the activities or operations of its subsidiaries which are outlined hereunder.
Zeco Holdings Limited (“Zeco” or “Company”) was registered in terms of the laws of Zimbabwe under registration number 30287/2007 pursuant to a reorganization of the shareholding of Native Investment Africa (Private) Limited (“Native”) and The Phillip Chiyangwa Family Trust (“Trust”) in Delward Engineering (Private) Limited (“Delward”), Crittall Hope Limited (“Crittall Hope”) and properties on which operations were being conducted. In February 2008, Zeco was listed on the Zimbabwe Stock Exchange (“ZSE”).
In May 2008, Zeco acquired all the assets held by Corbett Holdings (Private) Limited (“Corbett Holdings”) and its operating subsidiaries, namely Electrical and Mechanical Suppliers and Importers (Private) Limited, Halgor Estate (Private) Limited, FaiT Lux (Private) Limited and Zimplastic (Private) Limited (“Zimplastic”). The listing of Zeco incorporated a recapitalization involving the issue of ordinary shares to public investors in order to raise Z$ 20.2 million required to finance the working capital requirements for its operating subsidiaries. Although the issue was fully subscribed, the value of the amount raised was severely eroded by the hyperinflationary conditions obtaining then and the large part of the amount raised was invested in securities pursuant to a hedging strategy adopted by the Company.
Crittall Hope was established in Zimbabwe in 1950 as a subsidiary of Crittall Hope Limited (United Kingdom), the British company that was a household name in Europe. The factory was built in 1952 with an initial factory area of 2500 square meters and had fifty employees. Through the years, the factory was gradually extended to an area of 10000 square meters with eighty one factory and sixteen administration employees. In 1998, Lonrho sold the company to Native Africa Investments Group.
Crittall Hope is one of the largest manufacturers of building and furniture products, namely window frames, door frames, steel doors, roller shutter doors, garage doors, sliding doors, burglar bars, and flyscreens, school and office furniture, steel office and cabinets, fitted kitchens, aluminium products and roller shutter doors. The technology and production process is not complicated and consequently the plant and equipment is not complicated to operate. Plant and equipment comprises mainly lathe machines, guillotine, bending machine, welding machines, compressors, grinders and pressing machines. Crittall Hope operations are structured into seven divisions, namely window frames, door frames, aluminium products, agricultural equipment, furniture, and fittings
Glory Car Travel and Tours (Pvt) Ltd is a wholly owned subsidiary of Native Investments Africa Group registered and established in Zimbabwe. It has been duly licensed under the Tourism Act (Chapter 14:20) to operate as a Travel Agency, Car Hire as well as a Tour Operator. This venture was borne out of the need to provide customized professional service in the Tourism Sector. Glory Travel and Tours is the premier tour operator in Zimbabwe, offering you a world class service that distinguishes us from the rest.
We offer you the best in what this beautiful country has to offer from the beautiful Eastern Highlands mountain ranges, the majestic Victoria Falls, the amazing view of the Matobo Hills, to our amazing wildlife and safari parks. Glory Car Hire operates the widest fleet of modern vehicles. We are the leader in the rentals of sedans,4 by 4’s(off-terrain),tour buses, and luxury cars, including luxury chauffeur driven vehicles.
Divaris Makaharis School
Our school is a Christian co-educational school in BLUFFHILL, Harare, Zimbabwe. It was founded by Dr. Phillip Chiyangwa in 2011. The school opened its doors to students of all class levels in 2011 and the first upper 6 class graduated at the end of last year 2012. The school prepares students for the University of Cambridge O-Level and A-Level examinations. Students who wish to sit for ZIMSEC examinations are also catered for.
The massive costruction of the school began in 2009 under the watchful eye of the founder Mr Philip Chiyangwa. Divaris Makaharis School opened its doors to the public on the 11th of January 2011.The impressive plan and structure of the school was an immediate reflection of what the founder wished to potray-A school that would be a centre for educational excellence nationally, regionally and internationally, offering the best quality education in the areas of academics, sports, social and cultural activities.
When the school opened its doors to the public it consisted of an ECD class, 2 Grade 1 classes , Grade 2,3,4 and 5 classes.Barely two years late the school boasts of a total enrollment of nearly 250 pupils, in 3 Grade 1 classes, 3 Grade 2 classes, Grade3,4,5,and 6 classes.The school continues to grow in leaps and bounds.We are looking forward to the first bunch of Grade sevens who will write their exams in 2013.
List of Phillip Chiyangwa's Assets
BELOW is the full list of Phillip Chiyangwa’s properties, businesses and other investments
LIST OF PHILLIP CHIYANGWA'S SUBSTANTIAL MOVEABLE ASSETS
1. Chrysler Cross Fire motor vehicle valued at approximately $50,000
2. Range Rover Vogue motor vehicle valued at approximately $60,000
3. A Jeep motor vehicle valued at approximately $120,000
4. Chrysler Sebrin motor vehicle valued at approximately $60,000
5. Ford Ranger motor vehicle valued at approximately $70,000
6. Mercedes GL6 motor vehicle valued at approximately $300,000
7. A Bentley motor vehicle valued at approximately $350,000
8. A Rolls Royce Phantom motor vehicle valued at approximately $475,000
9. A fleet of Mercedes.
10. Substantial household goods and effects valued approximately $200,000
LIST OF COMPANIES IN WHICH PHILLIP CHIYANGWA HAS MAJOR SHAREHOLDING
1. Stand 422 Quinnington Township of Lot AD Quinnington measuring 4128 square metres, Salisbury DT 8683/97, DT 7155/2002.
2. Stand 707 being remainder of Subdivision C of the Grange measuring 60, 6869 hectares held under DT8322/2005.3. Stand 2453 Hatfield Township of Subdivision D of Subdivision B of Hatfield held under DT2686/2009 dated 22 May 2009.
3. Property held under DT 1001/2007.
4. Remainder of Stoneridge in Salisbury measuring 586, 7149 hectares held under DT 5428/2001.
5. Lot 1 of stand 223 of Quinnington township of Lot 1A Quinnington measuring 1, 6239 hectares held under DT 5929/1971, DT 3840/1988, DT 5418/2005 dated 23 June 2005.
6. Stand 19682 Harare Township of Stand 19675 Harare Township measuring 6, 1884 hectares held under DT 2037/59 dated 16 April 1959, DT 2688/09 dated 22 May 2009 and DT 5128/09.
7. Lot 1 of Lot 16A of Reitfontein measuring 4164 square metres held under DT 216/2013, DT 1614/58 and DT 1862/87 dated 26 March 1987.
8. Stand 65 Colne Valley Township 5 of Lot 7A Colne Valey measuring 7,5956 hectares held under DT 2037/59 and DT 2888/2009.
9. Stand 19682 Harare Township of Stand 19675 Harare Township measuring 6, 1884 hectares held under DT 2685/2009.
10. Stand 3789 Salisbury Township of stand 4450 Salisbury measuring 9959 square metres held under DT2685/2009.
11. Lot 3 of Delnadamph Estate measuring 5, 105 square metres held under DT 2683/09.
12. Stand 2453 Hatfield Township of Subdivision D of Hatfield measuring 2, 2876 hectares held under DT 2686/2009.
13. Stand 389 Derbyshire Township of Subdivision E of Derbyshire measuring 25, 8304 hectares held under DT8209/99.
14. Lot AD Quinnington measuring 5, 4867 hectares.
15. Stand 426 Quinnington Township of Lot AD Quinnington measuring 4002 square metres held under DT3532/56, DT 2770/83 and DT 8687/97.
16. Stand 402 Quinnington Township of Lot AD Quinnington held under DT 3499/93, DT 2770/83 and DT 750/2002.
17. Stand 3701 Salisbury Township of stand 4450 Salisbury measuring 1190 square metres held under DT 3455/48 and DT 5525/2007.
18. Property known as 26 Fleetwood Road, Alexandra Park.
19. Stand 120 Quinnington Township of Subdivision K of Quinnington of Borrowdale Estate measuring 86223 square metres held under DT3248/48, DT 785/56 and DT 7831/87.
20. Stand 121 Quinnington Township of subdivision K of Quinnington Township of Borrowdale Estate measuring 8135 square metres held under DT 3248/48, DT 3993/78 and DT 6855/85.
21. Stand 311 Quinnington township of lot 1A Quinnington measuring 23632 hectares held under DT 5285/73, DT 5897/85 and DT 2658/2002.
22. Subdivision 1 of Wilbered in Zvimba District of Mashonaland West Province measuring 1331.20 hectares.
23. Remainder of Stoneridge measuring 586, 7149 hectares held under DT1465/75 and DT5428/01.
24. Subdivision A of Subdivision A of Stoneridge measuring 13, 4188 hectares held under DT 25369/30, DT 1465/75 nad DT 5428/01.
25. Subdivision A of Odar measuring 8, 2283 hectares held under DT 25703/30, DT 1465/75 and DT 5428/01.
26. Subdivision 1 OF Sinoia Citrus in Makonde District of Mashonaland West Province measuring 3477 hectares.
27. Lot 1 of Lot 1 of Fern Rock Block C of Hatfield Estate measuring 40952 sqm held under DT 391/58 and DT 392/58.
28. Stand 532 Derbyshire Township of Shortson measuring 7 544 square metres
29. Piece of land in Salisbury Shortson measuring 72 3652 hectares held under DT 2685/94 and DT 6238/2004.
30. Property in Chinhoyi held under DT 1674/63
31. Sinoia Drift Farm, Chinhoyi measuring 901, 05 hectares held under DT 5709/85.
32. Sangwe farm, Chinhoyi measuring 845,67 hectares held under DT109/29.
34. Old citrus farm, Chinhoyi measuring 1416, 124 hectares held under DT 1674/63
35. Strathcona farm, Chinhoyi measuring 1416,124 hectares held under DT 3924/94.
36. North Umzari farm Chinhoyi measuring 600, 217 hectares.
37. Remainder of subdivision A of Stoneridge measuring 589,5874 hectares held under DT 1567/46, DT 3634/03, DT 5021/07 and DT 5631/07.
38. Remainder of subdivision A of Stoneridge measuring 586,8960 hectares held under DT 5021/07 in favour of Pinnacle Holdings (Pvt)Ltd.
39. Lot 11 of Lot AB Quinnington measuring 8902 square metres held under DT4011/2002
40. Lot 1 of stand 223 of Quinnington township of Lot 1A Quinnington measuring 1, 6239 hectares held under DT 5418/05 and DT 1247/12.
41. Property held under DT 5021/2007.
42. Remainder of Thornicroft park of Galway Estate measuring 17, 3104 hectares held under DT1965/45, DT 1540/2010, DT 1539/10 and DT 2193/86.
43. Stand 424 Quinnington township of Lot AD Quinnington measuring 4002 square metres held under DT 8685/97 and DT 7158/2002.
44. Property otherwise known as No. 11 Crowhill Road, Borrowdale.
45. Stand 420 Quinnington of Lot AD measuring 4003 square metres held under DT 8681/97 and DT 7153/2002.
46. Stand 419 Quinnington of Lot AD measuring 4002 square metres held under DT 8680/97 and DT 7152/02.
47. Stand 427 Quinnington of Lot AD measuring 4002 square metres held under DT 8688/97 and DT 7161/02.
48. Stand 421 Quinnington of Lot AD measuring 5281 square metres held under DT8682/97 and DT 7154/02.
49. Stand 418 Quinnington measuring 4056 square metres held under DT 8679/97 and DT 7151/02.
50. Stand 423 Quinnington measuring 5933 square metres held under DT 8684/97 and DT 7157/02.
51. Stand 425 Quinnington measuring 4002 square metres held under DT 8686/97 and DT 7159/02.
52. Stand 426 Quinnington measuring 4002 square metres held under DT 2770/83, 8687/97 and DT 7160/02.
53. Stand 422 Quinnington measuring 4128 square metres held under DT 8683/97 and DT 7155/02.
54. Stand 428 Quinnington measuring 4048 square metres held under DT 8689/97 and DT 7156/02.
55. STAND 3052 Bluffhill Township of Lot 13 of Bluffhill measuring 3, 7919 hectares held under DT4940/2006.
56. Remainder of Lot H Borrowdale Estates situated in the district of Salisbury held under DT2844/90.
57. Remainder of stand 24 of Lot C of Borrowdale Estate measuring 1, 0959 hectares held under DT 11252/2003.
58. Remainder of Lot 1 of stand 24 of lot C Borrowdale estate measuring 4067 square metres held under DT 3212/2003.
59. Properties under Brighthouse Investment P/L.
60. Stand 3523 Chinhoyi Township measuring 850 square metres in district Lomagundi held under DT 6952/2006.
61. Stand 418 Quinnington measuring 4056 square metres held under DT 8679/97 and DT 8656/05.
62. Property held under DT3840/1988.
63. Property held under DT 5418/2005.
64. Stand 7753 Salisbury Township of stand 4839 Salisbury Township measuring 2, 1194 hectares held under DT 9423/2000 and DT 1771/2003, Phillip Chiyangwa Trust.
65. Stand 625 Mandara Township 16 of Lot 7A Mandara measuring 6, 6867 hectares held under DT 1592/75 and DT 3432/2009. Pinnacle Property P/L.
66. Stand 2453 Hatfield Township of Subdivision B of Hatfield held under DT 2686/2009 and DT 2688/2009.
67. Stand 19682 Harare Township of stand 19675 measuring 6, 1184 hectares held under DT 2614/2009.
68. Stand 3789 Salisbury Township of stand 4450 Salisbury measuring 9959 square metres held under DT 2685/09.
69. Remainder of Lot 3 of Delnadamph Estate measuring 5105 square metres held under DT2683/2009.
70. Stand 65 Colne Valley Township 5 of Lot 7A Colne Valley measuring 7, 5956 hectares held under DT 2037/59.
71. STAND 19682 Harare Township of stand 19675 Harare Township measuring 6, 1884 hectares held under DT2614/2009.
72. Stand 3789 Salisbury township of stand 4450 Salisbury township measuring 9959 square metres held under DT 2685/2009.
73. Remainder of Lot 3 Delmadamph estate measuring 5105 square metres held under DT 2683/2009.
74. Stand 2453 Hatfield Township of subdivision b Hatfield measuring 2, 2876 hectares held under DT 2686/2009.
75. STAND 389 Derbyshire township of subdivision E of Derbyshire measuring 25 8304 hectares held under DT 8209/99.
76. Property held under DT 2888/2009.
77. Property held under DT 2688/2009.
78. Stand No. 7753 Salisbury Township of portion of stand 4839 Salisbury Township of Salisbury Township Lands held under DT 2246/47 and DT 9423/2000.
79. Lot 57 of Meyrick Park of Mabelreign in Salisbury measuring 1, 0553 hectares held under DT 2460/96 and DT 8442/90.
80. Stand 3507-3544 Chinhoyi township of Chinhoyi being residential Park medium density housing development of 38 units residential stands measuring 6, 0505 hectares valued at $675,000.00 as at 31 May 2008.
81. Lot 11 of Bluffhill, corner Northolt Drive and Lavenham Drive , East Bluffhill. A cluster of 120 units of residential stands with water supply and sewer connected and borehole drilled measuring 1, 0065 hectares and valued at $5,940 000.00 as at 31 May 2008.
82. Stand 3051 of Bluffhill, corner Northolt Drive and Lavenham Drive East Bluffhill being a cluster development of 57 units with water and sewer connected and borehole drilled measuring 1, 7385 hectares valued at $10,260 000.00 as at 31 May 2008.
83. Stand 3052 of Bluffhill, corner Northolt Drive and Lavenham Drive East Bluffhill being a primary school built on a stand measuring 3, 7919 hectares and valued at $6 300 000.00 as at 31 May 2008.
84. Remainder of Lot 13 Bluffhill, Corner Northolt drive and Lavenham Drive East, Bluffhill being a secondary school with 23 cluster houses and 36 Duplex Flats built on a stand measuring 7, 5291 hectares and valued at $19 300 000.00 as at 31 May 2008.
85. Stand 3341 Kadoma Township (stand 2620-3340 Blue Ranges) Kadoma being a residential development with 693 stands/units measuring 20,7900 hectares and valued at $1 600 000.00 as at 31 May 2008.
86. Stand 1-504 Eyecourt Township of Nyarungu estate being a development with a shopping centre, hotel/motel, and industrial stands measuring 46, 1270 hectares valued at $7 320 000.00 as at 31 May 2008.
87. Stand 389 of Derbyshire Township being a development with a shopping centre and industrial site measuring 7,2287 hectares valued at $1 210 000.00 as at 31 May 2008.
88. Stand 19345 harare township beong a development with residential stands measuring 10, 000 hectares and valued at $5 000 000.00 as at 31 May 2008.
89. Stand 913 Mandara Township being a cluster development of 26 units measuring 3, 1634 hectares valued at $7 840 000.00 as at 31 May 2008.
90. Subdivision C of The Grange (stands 566-712 the Grange Township) off Beeston avenue, a development with a five star hotel, 496 cluster homestead properties and 43 low density residential stands in total measuring 307, 957 hectares and valued at $12 010 000.00 as at 31 May 2008.
91. The remainder of Stoneridge a mixed use development with a shopping centre, institutions and residential developments measuring 586,7145 hectares and valued at $36 150 000.00 as at 31 May 2008.
92. Subdivision A of Stoneridge an agric-residental development measuring 8, 2283 hectares and valued at $1 340 000.00 as at 31 May 2008.
93. Subdivision A of Arda an agri-residental development measuring 8, 2283 hectares and valued at $820 000.00 as at 31 May 2008
94. Stand 289 Willowvale Township, an industrial stand with 14 units measuring 0.9752 hectares and valued at $200 000.00 as at 31 May 2008.
95. STAND 10050 Chinhoyi Township being a hotel site measuring 1.4430 hectares and valued at $220 000.00 as at 31 May 2008.
96. Lot 8 of Hunyani, a hotel site IN Chinhoyi measuring 29.9077 hectares and valued at $4 490 000.00 as at 31 May 2008.
98. Stand 7538 Gweru Township in Gweru, a hotel site measuring 4.9534 hectares and valued at $920 000.00 as at 31 May 2008.
97. Stand 8432 Gweru Township in Gweru, a hotel site measuring 4.5934 hectares and valued at $390 000.00 as at 31 May 2008.
98. The remainder of subdivision A of stoneridge a mixed use development with a shopping centre, institutions and residential developments measuring 586,8960 hectares and valued at $63 480 000.00 AS AT 31 May 2008.
99. The remainder of Arda Farm being a mixed use development with a shopping centre, institutions and residential developments measuring 605,8092 hectares and valued at $75 730 000.00 as at 31 May 2008.
100. The remainder of A of the rest being a mixed use development with a shopping centre, institutions and residential developments measuring 1456,1440 hectares and valued at $36 400 000.00 AS AT 31 May 2008.
101. Stand 625 Mandara Township being a mixed use development with a shopping centre, institutions and residential developments measuring 6,6860 hectares abd valued at $3 340 000.00 as at 31 May 2008.
102. Stand 27406 Masvingo Township being a hotel on a stand measuring 1.9879 hectares and valued at $280 000.00 as at 31 May 2008.
103. A mixed use development with a shopping centre, institutions and residential developments in Kasese Township of Kariba measuring 65, 5325 hectares and valued at $7 910 000.00 as at 31 May 2008.
104. A lodge called Victoria Falls lodge in Victoria Falls built on a stand measuring 0.8000 hectares and valued at $320 000.00 as at 31 May 2008.
105. Stands 418-428 Quinnington Township of Lot AD Quinnington Borrowdale, Harare a development with 12 units of residential stands serviced with 7 boreholes and 3 reservoirs of water
106. Stand 288 Willowvale Township an industrial property measuring 0.6792 hectares and valued at $140 000.00 as at 31 May 2008.
107. Block D Avondale Township being an office complex in Broadlands with 1400 square metres with lettable office space on a stand measuring 0.1980 hectares and valued at $2 800 000.00 as at 31 May 2008.
Philip Chiyangwa on winning Tourism Personality of The Year Award
Zimbabwean Tycoon, Phillip Chiyangwa is a polarizing figure. There are not too many people who sit on the fence with him. You either like him or you don’t. But Love him or hate him, Chiyangwa or ‘PC’ as he is fondly known on the streets of Harare these days, is no doubt a mover and a shaker and an award winning businessman with interests and investments in property development, manufacturing, agriculture, heavy engineering and of late hospitality, travel and tourism.
H&C Editor Emang Bokhutlo and reporter, Patrick Chitumba, caught up with him in Alexandra Park where the headquarters of Native Investments, the half a billion American dollar business empire of Chiyangwa have relocated for a chat about his recent Tourism Personality of the Year award, that was bestowed on him by the Zimbabwe National Tourism Authority in the resort town of Victoria Falls on World Tourism Day.
A warm welcome to his opulent offices by his secretary and a short wait in the lounge and then the man of the moment makes a grand entrance from the carport full of life as usual and speaking loudly on the phone. As soon as he is finished with his phone call, we find out soon enough that interviewing Chiyangwa is a pleasure.
In typical cocky and abrasive Chiyangwa style, which has earned him a reputation from the media as flamboyant, he volunteers information fast and openly and doesn’t shy away from self praise, boasting and controversy. If there is a firm believer of blowing one’s own trumpet, it ought to be Chiyangwa.
Before we could even introduce ourselves formally, Chiyangwa had already placed two bowls, one with roasted peanuts and the other with roasted maize in front of us and sarcastically quipped: “These are our traditional foods in Zimbabwe but do you know that we had to wait for a white man to package and sell them instead of doing it ourselves.”
We quickly steer him back to the main subject of the interview, his Tourism personality of the Year award and he says, “We own 1/5 of the land in Harare. Our investment portfolio in tourism is massive and by the time I am finished with building my hotels, I will own more rooms in Zimbabwe than any other tourism investor in this country. Those that claim to be the largest hotel groups will be small in comparison. We are talking of about 5000 rooms.
“In Borrowdale alone we have 470 bedrooms and outside Harare we stretch as far as Victoria Falls, Masvingo, and Gweru. When we do business we like to go big, so we are not talking small investment here.”
Emphasizing that despite his huge appetite for tourism, his strength still lies pretty much in property, Chiyangwa said that they were open to partnerships and have in fact been discussing possibilities of management contracts with experts in the hospitality industry such as Best Western hotels, Legacy hotels and African Sun Limited. ”
Reminding us that he also has the Africa Tourism Investor Award and Runner up to the Tourism Manager of the year award winner, in the private sector under his belt, Chiyangwa goes on to say, “I nearly finished the white man off, but he ran away with the award. The only reason he beat me to it though is that he is London based and his company has a secondary listing on the London stock exchange. The truth is you as a black Zimbabwean you can not go to London and say Zimbabwe is a good country to invest in, but he is one of their own, so he can do it.”
Asked what exactly it is then that he did to deserve the awards, he says, “If you conduct business with a certain level of passion and perfection, which we have been doing for years, the results would be recognition, awards and of course revenue creation and profit.”
Born some 50 years ago in Norton, just outside Harare, the CEO of Pinnacle Property Holdings went on to tell us that his money is not inherited, but initially came from selling vegetables on the streets which he went on to invest in property which gave him huge spin offs.
“I was born with a silver spoon in my mouth in the sense that I have been chosen by God to succeed and there’s nothing anybody can do about that but I definitely didn’t emerge from old money. I grew up helping my mother as a vegetable vendor and then I started buying land when some people were sleeping only for some of those people to wake up and start questioning me on how I got the land. I work hard and where some don’t see opportunities I do.”
To such detractors and critics who like to question his wealth, he says, God is the one who made the decision to cast a blessing on me so that I become the most successful person in my family, which is normal in every family.”
Asked whether this therefore meant that God made a decision to make others poor, he says, “If money is a visitor, why is it not visiting you? Ask yourself, do you have a charm or you do not have one? I did not have a good background where I inherited money from my parents, No I was a vegetable vendor. All I have are my parents’ genes and God gave me a gift and a task to become rich. What I can tell you though is that many black people are scared of wealth. They have a poverty mentality. They just can not accept riches. My advice to those who want to free themselves from poverty is to learn to appreciate wealth and not to be afraid of money. I have the largest house in Zimbabwe and I am not ashamed to say so. My house has 68 rooms and I used to have a Cessna twin engine aero plane which I sold in 2004 but I am planning to buy a bigger one just because I can afford it.”
Phillip Chiyangwa's Cessna twin engine aero plane
Further making an observation on why black people are generally poorer than the white folk and why he would never apologise for his lavish life, he says, “What I find amazing is that black people are mesmerised by the wealth that I have at the age of 50 when they don’t see anything wrong with Zuckerburg, a white kid being richer than me at such a young age. It is time black people start realizing that wealth is just material things, whether you are white or you are black you can have it because at the end of the day when you die, you can’t even take it with you. All that I am going to have when I am dead is a little piece of land in my home village, Zwimba where I am going to be buried, so what’s the big deal about riches that we should be afraid of them.”
Is he scornful of black people then? “No, I am just telling you the facts as they are. We hear of many black scientists but we never hear of their inventions. My advice to black people therefore is to just observe the white man carefully and whatever you see him do, copy it and do it somewhere else. If he packages maize, you package it too and sell it somewhere else,” he says repeating what he has been telling many of his students at his public lectures.
Phillip Chiyangwa with one of many of his luxury Cars with licence plate "tsivo" which means Revenge
Explaining his most recent property investment in an up- market suburb of Harare called Bluff hill, Chiyangwa, who survived tough economic times in Zimbabwe by inventing what he calls, ‘survival and sustainable products’ said he was on a mission to assist the less privileged to crossover by giving them an opportunity to own decent homes in a respectable residential area.
“Right now I am creating a new era in Zimbabwe and blurring the class lines and bridging the gap between the poor and those who have by giving even the so called poor a chance to own decent houses in Bluff Hill, which they originally couldn’t afford. I am doing this through my affordable housing scheme. People who want land through this scheme, which will cost them only U$150 a month for 25 years must line up for it and fill up the application forms. It is as simple as that.” He says
About some of the challenges he has had so far in business he says, “We have a problem with certain people who think every thing is about deals. If they hear you are investing in something they want to be in on the deal, not realizing that you have to sweat for your money and not everything is always about a deal. There’s also the African political system, which says, if you are eating you have to eat with me, otherwise you can’t eat all. It can be frustrating.”
Finally the man who consoled a Zimbabwean contestant who lost in Big Brother Africa All stars TV show, withUS$300,000.00 making such a huge amount of money look like small change, said he did it simply to take Munya Chidzoga out of his distress. “The guy was clearly in distress because he was cheated in a show owned by Nigerians, run by Nigerians and presented by Nigerians, so it was only logical that we do something for one of our own,” He says closing the interview.