Saturday, 18 June 2022 16:06

Ankole cows among livestock on auction at Phala Phala farm.

By Lehlohonolo Lehana.

Caption: The entrance to the wildlife Ranch of South African President Cyril Ramaphosa, Phala Phala Wildlife Farm in Bela Bela, South Africa, June 3, 2022. Ramaphosa could face criminal charges and is already facing calls to step down over claims that he tried to cover up the theft of millions of dollars in U.S. currency that was hidden inside furniture at his game farm. Photo Credit: AP.

President Cyril Ramaphosa's Ankole breed of cows are among the livestock that's set to go on auction at his farm in Bela Bela on Saturday.

The Ankole Society of South Africa will be leading the auction.

A gala dinner for those who are part of the Anokole breeding society was held at the farm on Friday ahead of the much-anticipated livestock auction.

An Ankole cattle farmer, Chief Livhuwani Matsila, said the animals will range anywhere from R100,000 to R3 million on the South African market and in auctions.

"The physical build of a bull, for instance, and length of the horns can make a bull or a cow very expensive in the market, that is why there is no average price for them."

"Even a young calf can cost close to R2 million as seen in the last auction. There is also the consideration that this cow will give you a calf every year," Matsila said.

According to Ramaphosa, about 15 farmers will be auctioning their livestock to the market.

"This will be an auction for cows and not wild animals. Sixteen breeders, including me, will be selling our own cattle at the auction. There is nothing more special about it, this is an auction that takes place all the time," he said in an interview with Umhlobo Wenene on Youth Day.

The auctions takes place amid Ramaphosa being under fire over $4 million robbery at the farm.

The February 2020 robbery emerged after former State Security Agency (SSA) director-general Arthur Fraser laid criminal charges against Ramaphosa earlier this month.

While the crime was not reported to the South African Police Service (SAPS), Ramaphosa denied criminal conduct on his part.