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Prophet Walter Magaya' property set for sale over US$500k debt
2 hrs ago |
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Controversial cleric Walter Magaya and his wife are facing the loss of their Waterfalls property after an auction was scheduled for Friday, 27 February 2026. The sale will be conducted by Graham and Douglas Real Estate, which has been appointed by the Sheriff of the High Court to handle the disposal of the asset.
Magaya, his wife, and their company, Planet Africa (Private) Limited, have been embroiled in a legal dispute with GetBucks Microfinance Bank over a debt that has reportedly ballooned to more than US$500,000.
The property earmarked for auction is the remainder of Stand 166 of Prospect in the district of Salisbury, measuring 3.2323 hectares, commonly known as 166 Smuts Road, Prospect, Harare. The expansive land features a six-bedroom house, lounge, dining room, staff quarters, and is fully fenced, walled, and gated.
The scheduled auction marks a dramatic turn in the long-running financial wrangle and could see the high-profile religious leader lose one of his prime assets if the sale proceeds as planned.
Magaya, his wife, and their company, Planet Africa (Private) Limited, have been embroiled in a legal dispute with GetBucks Microfinance Bank over a debt that has reportedly ballooned to more than US$500,000.
The property earmarked for auction is the remainder of Stand 166 of Prospect in the district of Salisbury, measuring 3.2323 hectares, commonly known as 166 Smuts Road, Prospect, Harare. The expansive land features a six-bedroom house, lounge, dining room, staff quarters, and is fully fenced, walled, and gated.
The scheduled auction marks a dramatic turn in the long-running financial wrangle and could see the high-profile religious leader lose one of his prime assets if the sale proceeds as planned.
Source - online
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