Ramaphosa’s Phala Phala Farm Sells 26 Animals for R6.8m

President Cyril Ramaphosa’s Phala Phala farm sold 26 animals for R6.8 million ($392,950) at an auction on Saturday.

The auction held over the weekend earned breeders more than R42m in total. There were 18 lots comprising 26 animals on auction.

In June, Ramaphosa was accused by South Africa’s former spy boss Arthur Fraser of covering up the theft in 2020 of foreign exchange from the sale of animals at the Phala Phala Wildlife farm.

Phala Phala’s biggest single sale on Saturday was of a buffalo bull, given the name of Pink 37, which fetched 1.8 million rand.

In total, nine buffaloes were sold, four rare Ankole cattle as well as impala, sable, roan and one Golden Oryx.