Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » World
1-min read

Moo-gabe's Gift: Zimbabwe Leader Sells Cows to Fund African Union

Mugabe handed over $1 million at the start of the AU's bi-annual summit in Addis Ababa, after auctioning off 300 of his own cattle.

AFP

Updated:July 5, 2017, 7:51 AM IST
facebookTwitterskypewhatsapp
Moo-gabe's Gift: Zimbabwe Leader Sells Cows to Fund African Union
File photo of Zimbabwe President Robert Mugabe. (Photo: Reuters/Tiksa Negeri)

Addis Ababa: As the African Union struggles to get members to pay dues, Zimbabwe's President Robert Mugabe took the bull by the horns and sold his own cattle for a sizeable donation to the body.

Mugabe handed over $1 million at the start of the AU's bi-annual summit in Addis Ababa, after auctioning off 300 of his own cattle, as well as those belonging to some of his supporters.

The gift was a bid to show his resolve for making the AU self-supporting as the tricky questioning of financing tops the agenda.

“As an African and a farmer, the donation of cattle came naturally to me, given that our continent is rich in cattle and cattle are held as a store of wealth,” said Mugabe, who has led Zimbabwe since its independence from white minority rule in 1980.

An AU official said Mugabe had initially offered the cows themselves, but decided to auction them off when the union replied that there was no space for them at the AU's shiny Chinese-built headquarters in Addis Ababa.

The AU is trying to wean itself from the foreign donors that finance the majority of its budget and has called on member states to impose a 0.2 percent levy on certain imports to cover its costs.

Funds from the import levy are supposed to cover 100 percent of the AU's operational costs, 75 percent of its program costs and 25 percent of its peacekeeping budget.

But so far, only a handful of the union's 55 member states have taken steps to implement the tax.

"Unless and until we can fund our own programs, the African Union will not be truly our own," Mugabe said.

Despite nagging questions about Mugabe's health, his ruling party claims that at 93, he is still as strong as an ox.

He is drumming up support ahead of elections next year when he plans to seek office again, steadfast in his plan to rule until the cows come home.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

| Edited by: Aakarshuk Sarna
Read full article
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results