back to top
HomeBusinessMuseveni’s Cow Sold At UGX491m

Museveni’s Cow Sold At UGX491m

Published on

- Advertisement -spot_img

A cow traced back to President Museveni’s Kisozi Ranch herd sold for R2.1m (Shs491.5m) in an auction on Saturday on South Africa President Cyril Ramphosa’s ranch.

According to the state-run New Vision, the three-year-old Ankole cow is called Fafa.

Ramaphosa used artificial insemination by getting the embryos of 43 Ankole cows more than 15 years ago.

Fafa’s price was a record for an Ankole cow, overturning last year’s record of R700,000 (Shs164m) paid for a five-year bull, Mufasa, from the same herd.

Locally, an Ankole cow, which is in-calf can go for up to Shs2m, while a breeder bull for Shs2.5m.

Ramapahosa last year earned R2.7m (Shs632m) from the sale of 15 Ankole cattle, including Mufasa.

Ramaphosa is the biggest breeder of Ankole cattle in South Africa, which he does on his 5,100-hectare Ntaba Nyoni ranch in the north of the country.

Related

Capt.Mukula Commences CEC Consultative Meetings In Soroti, Serere Districts

In a bid to secure another term on the National Resistance Movement's Central...

Big Size: Bebe Cool In London For The Break The Chains Album UK Media Tour

After a rigorous and successful tour of Kenya and Tanzania, Bebe Cool, real name...

Regional Stanbic Banks Host Talks On Unlocking EAC Domestic Capital For Infrastructure

Unlocking domestic capital to drive infrastructure development across the East African Community (EAC) is...

Gov’t Hails Stanbic Bank For Revolutionizing the Money Remittances Sector

The Government of Uganda has commended Stanbic Bank for its pioneering efforts in transforming...

More from The Capital Times

Business Boom In Namugongo Ahead Of Martyrs Day

Business has picked up this morning at Namugongo Martyrs shrine according to traders. The...

Uganda Adopts Kiswahili As Official Language

Uganda has adopted Kiswahili as an official language, a top government official said on...

Minister Kasolo In Hot Soup Over Alleged Orungo Voter Attacks Accused Of Orchestrating Violence Fo Intimidate Opponents in NRM Primaries

A political storm is brewing in Orungo sub-county after shocking allegations emerged linking Uganda’s...