Skip to main content

My recent visit to Zimbabwe

-
 The journey was well planned and it took us less than 10 hours to reach our destination from Pretoria South Africa to Mvuma central Zimbabwe.  A lot of construction is happening on the roads. Harare to Masvingo Highway is complete and the remaining part which was left between Beitbridge and Masvingo is being completed.  Surely by December it should be done. Though there is a lot of money being miss used, there are elements of success. Harare to Beitbridge road was a death trap, the road had so many potholes, had no shoulder no fencing to protect  animals from entering the road and some parts even worn out that left it narrow in a way that two trucks cannot pass without one having to go out of the road.  Those improvements form part of the new Government's transformation policy. There is job creation and slowly improving the standards which has been declining for more that 20 to 30 years. Surely Rome was not built over night. At the border you can see significan...
Post a Comment

TAKE A LOOK | Inside SA’s first Ankole cattle auction, with Cyril Ramaphosa and Patrice Motsepe

-

 James Oatway , Business Insider SA

 May 04, 2021, 08:11 AM
30 April 2021. President Cyril Ramaphosa during bi
(James Oatway)
  • The first auction of Ankole cattle in South Africa attracted a President – and a business mogul.
  • Both Cyril Ramaphosa and Patrice Motsepe were spotted at the auction, with one selling and one buying.
  • Ramaphosa described as "incredible" the scientific innovation that allowed the breed to be established in South Africa.
  • Organisers were thrilled at "astronomical" prices, including R2.7 million for a bull.
  • For more stories go to www.BusinessInsider.co.za.

The organisers of South Africa's first auction of Ankole cattle said they were thrilled by the "astronomical" prices achieved – with some recognisable faces in attendance.

Of the more than R10 million in cattle sold at the National Ankole Auction on Friday, a quarter by value came from the herd of President Cyril Ramaphosa.

He is the biggest breeder of the majestic cattle in South Africa, from his Ntaba Nyoni Estates in eastern Mpumalanga.

See also | President Ramaphosa’s Ankole cattle just sold for R2.7 million – with bull ‘Mufasa’ voted best

On the buying side was business mogul Patrice Motsepe – who set the tone by arriving in a helicopter.

Motsepe currently has a complicated relationship with some other farmers in South Africa.

Take a look inside the auction

During remarks, Ramaphosa described the "incredible scientific innovation" that allowed the breed to be established in South Africa.

30 April 2021. President Cyril Ramaphosa during th
(James Oatway)

Disease control measures would not allow the import of animals from Uganda, where Ramaphosa encountered Ankole when he met the country's President Yoweri Museveni in 2004. Ramaphosa imported embryos instead.

Ramaphosa cast an eye over some young cows...

30 April 2021. President Ramaphosa inspects a youn
(James Oatway)

... and checked out the horns on a young bull named Kovu.

30 April 2021. President Ramaphosa inspects the ho
(James Oatway)

Kovu sold for R240,000.

Ramaphosa was not the only high-profile guest. Patrice Motsepe arrived at the auction by helicopter....

30 April 2021. One of South Africaâ??s richest men
(James Oatway)

... and spent more than R1 million.

30 April 2021. Patrice Motsepe spent more than R1-
(James Oatway)

Meanwhile, the podium featured former Springbok and Blue Bulls rugby player Victor Matfield.

30 April 2021. Auctioneer Brandon Leer at work whi
(James Oatway)

Matfield watched for bids, alongside auctioneer Brandon Leer.

The sale included such impressive specimens as Jupiter, which sold for R700,000.

30 April 2021. Jupiter the prize Ankole bull. Anko
(James Oatway)

Several cows and bulls sold for well under R100,000 each. At the other end of the spectrum, the full-bodied bull Sebastiaan sold for R300,000.


Receive a daily news update on your cellphone. Or get the best of our site emailed to you

Go to the Business Insider front page for more stories.

Tagged In

cyril ramaphosa patrice motsepe ankole bulls cattle auction
  • INDICATORS
    •  
  • JSE INDEXES
 Rand - Dollar
14.05
0.0%
 Rand - Pound
19.67
0.0%
 Rand - Euro
17.10
0.0%
 Gold/Oz
$1,831.32
0.0%
 Brent Crude Oil
$68.28
-0.3%
 All Share
68,520
1.4%
DAILY BUSINESS INSIDER UPDATE

Get the best of our site delivered to your inbox every day.

Sign Up

Comments

Post a Comment

Popular posts from this blog

MultiChoice’s BEE scheme trying to find 22 000 shareholders who are missing out on millions

-
Image
  USINESS REPORT COMPANIES MultiChoice’s black economic empowerment scheme is looking for about 22 000 shareholders who owned shares and did not receive dividends of R207 million between 2006 and 2020. Picture: Karen Sandison/African News Agency(ANA) MultiChoice’s BEE scheme trying to find 22 000 shareholders who are missing out on millions By Edward West   Feb 16, 2021 CAPE TOWN - PHUTUMA Nathi, the MultiChoice black economic empowerment scheme of more than 80 000 shareholders, is looking for about 22 000 shareholders who owned shares and did not receive dividends of R207 million between 2006 and 2020. “This money belongs to our shareholders. We’re calling on them to contact us to get their money. In these tough economic times we want to do everything in our power to give them what is rightfully theirs,” Phuthuma Nathi chairperson Mandla Langa said in a statement yesterday. Phuthuma Nathi has been paying dividends every year since the start of the scheme in 2006. Am...
Read more

Which countries have the world’s largest coal reserves?

-
Image
  Visual Capitalist Elements   | September 15, 2021 | 8:58 am   Intelligence   Australia   USA   Coal   The Countries With the Largest Coal Reserves Cheap and abundant coal remains one of the largest sources of energy worldwide, even as governments set out goals to reduce greenhouse gas emissions. While jurisdictions in Europe and North America have been phasing out coal use in power generation, it has been on the rise in Asia. China and India are scrambling to provide electricity to a growing population and relying on coal power plants to meet demands despite the environmental costs. SIGN UP FOR THE ENERGY DIGEST Sign Up This infographic takes a look into the  BP Statistical Review of World Energy 2021 , and the 11 countries that make up  89%  of the coal reserves globally. Coal Reserves, by Country While countries need to phase out coal by 2040 to achieve the Paris Agreement goal of limiting global warming to 1.5ºC, consumption in key ...
Read more

MOTORS MARINE MAY 7, 2021 Boat of the Week: This 171-Foot Super-Luxe Sportfishing Yacht Is the Largest in the World

-
Image
  The epic vessel is a 30-knot "battlewagon" designed to chase marlin, swordfish and sailfish. It's also decidedly lavish. By  HOWARD WALKER           Courtesy Vripack To hook the world’s biggest fighting fish, in the words of Chief Brody in the classic 1975 movie  Jaws , “You’re going to need a bigger boat.” Privately owned  fishing  boats won’t come any bigger than this astonishing 171-foot super-luxury sportfisherman, set to claim the title of “World’s Largest Sportfish Superyacht.” Designed by Dutch naval architects  Vripack , and soon to start construction at the Royal Huisman yard in the Netherlands, Project 406 as it’s currently codenamed, will be a 30-knot “battlewagon,” designed to chase marlin, swordfish and sailfish to the ends of the earth. “Project 406 is a sportfishing machine on steroids,” Vripack co-creative director Bart M. Bouwhuis told  Robb Report . “It has the proportions of a typical American sportfishing ...
Read more