Former Zimbabwe’s president, Robert Mugabe is auctioning off his luxury cars, Farm tractors, pick-up trucks, combine harvesters and other farm equipment.
This was made known by the advertisement of a local auction firm, which announced Mugabe’s plans to sell off at least 40 of his vehicles, including a luxury car and five Toyota Hilux pick-up trucks and according to media reports in Zimbabwe, the sale could be sign that his family’s business empire – including 21 farms – could be in financial trouble.
The public auction will take place Saturday morning at Gushungo Dairy Farm – a farm in Mazowe owned by Mugabe and his wife Grace, according to Zimbabwe’s Herald newspaper.
The newspaper said it was not immediately clear why Mugabe was auctioning off their equipment, but that the business empire built up during Mr Mugabe’s 37 years in power had not been doing well financially in recent years due to several lawsuits against it. The auction could be to pay off debts.
Robert Gabriel Mugabe, 95, was Zimbabwean revolutionary and politician. He was driven out as president of the African nation in 2017 after 37 years in power. He served as Prime Minister of Zimbabwe from 1980 to 1987 and then as President from 1987 to 2017.
During his reign of power, Mugabe led the country from independence and white minority rule to repression and dire economic circumstances.