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. Linchen Dale Village (Pvt) Ltd
2. Padley Investments (Pvt) Ltd
3. Magnet Metal & MFRS (Pvt) Ltd
4. Native Investments Africa Group (Pvt) Ltd
5. Pinnacle Property Holdings (Pvt) Ltd
6. Rectitude Investments (Pvt) Ltd
7. Rural & Urban Investments (Pvt) Ltd
8. Total Communications (Pvt) Ltd
9. Tainbos Investments (Pvt) Ltd
10. Phillip Chiyangwa Family Trust (Pvt) Ltd
11. Bovine Hides & Sign Procurement @ Export (Pvt) Ltd
12. Sensene Investments (Pvt) Ltd
13. Dispark Enterprises (Pvt) Ltd
14. Raulgrade Investments (Pvt) Ltd
15. Kiliman Investments (Pvt) Ltd
16. Brighthouse Investments (Pvt) Ltd
17. Kenwood Investments (Pvt) Ltd
18. Gabroc Enterprises (Pvt) Ltd
19. Jetmaster (Pvt) Ltd
20. Ripley (Pvt) Ltd
21. G.A. Investments (Pvt) Ltd
22. Shawdene (Pvt) Ltd
23. Ukubambana-Kubatana Investments (Pvt) Ltd
24. Building Suppliers (Pvt) Ltd
25. Stoneridge Estate
26. Pledgwick (Pvt) Ltd
27. Clear Horizon Creations (Pvt) Ltd
28. Halgor Estates (Pvt) Ltd
29. Finwood Investments (Pvt) Ltd
30. Value Quest Investments (Pvt) Ltd
31. Carey Farm (Pvt) Ltd
32. Ndarama Assets Management (Pvt) Ltd
33. Silkwood Engineering (Pvt) Ltd
34. Worldwide Investments (Pvt) Ltd
35. Ecofin Asset Management (Pvt) Ltd
36. Smasvalve Enterprises (Pvt) Ltd
37. Kufela Investments (Pvt) Ltd
38. Critall Hope Limited (Pvt) Ltd
39. Glory Car Hire (Pvt) Ltd
PHILLIP CHIYANGWA LAND STANDS, FARMS ETC
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.
33. Olympus farm, Chinhoyi measuring 2812,86 hectares.
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. ”
Phillip Chiyangwa and Julius Malema
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, with US$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.