Former President Robert Mugabe’s family business Gushungo Dairies is reported to be on the verge of collapse and is now selling off some its assets which include, farming equipment and vehicles.
The family business is struggling and has blamed its woes on the economic situation prevailing in the country. Some of the items being sold off include 30 motor vehicles, 30 tractors and accessories that include disc harrows and combine harvesters. The list also includes four Toyota Hilux pick-up trucks, three Scania horse trucks and a Mercedes Benz C-class limousine.
A local auction firm flighted a notice in the media which reads,
Duly instructed by our most valued client, we shall sell by public auction the following vehicles and farm equipment at Gushungo Dairy Farm on Saturday 11th May 2019 at 1000 am.
While the former first family has not revealed the reasons for auctioning of the assets, it is believed that it is doing so to settle debts and numerous lawsuits filed against the former family’s business interests.
Mugabe, who ruled Zimbabwe for 37 years, owned several farms despite laws limiting individuals to one farm.