Why Would Motsepe Splurge R4.7 Million On Cattle?? Here’s The Most Detailed Answer

During his brother in law’s annual cattle auction, Patrice Motsepe parted ways with R4.7 million for 4 Ankole cows, with a single one costing him R2.1 million.

You might think its ubsurd that cows can cost this much but its not, the R4.7 million price tag is more than justified.

How Brian Altriche Overcame Multiple Failures To Launching RocoMamas

Background

South African President, Cyril Ramaphosa and Ugandan President, Yoweri Museveni

In 2004, during a trip to Ugandan President, Yoweri Museveni, Ramaphosa first saw the Ankole cattle, and immediately had an interest in them. He managed to convince Museveni to sell him 43 of those cattle.

Ramaphosa was denied permission to send the cattle back to South Africa by the Department of Agriculture, Forestry & Fisheries, as the vets in Uganda couldn’t guarantee whether the cattle were healthy or not.

Not one to give up easily, Ramaphosa then came with a 2nd plan by recruiting Dr Morne de La Rey, a renowned veterinary surgeon who specializes in embryo transference. They traveled to Uganda and took the 43 cattle to Kenya.

From A Laughing Stock To A Supplier of Stock – Kgomotso Lelatela’s Sweet Success

Artificial Insemination

In Kenya, Dr La Rey used artificial insemination technology on the cattle to remove their embroys, which were then sent to SA and implanted in surrogate cows. After 9 months, the Ankole cattle emerged.

President Ramaphosa at his Ntaba Nyoni farm in Mpumalanga

Today, President Ramaphosa is the biggest Ankole farmer in SA. He had over 100 Ankole cattle at his Ntaba Nyoni farm in 2017, 5 years have passed since then, the number is probably a lot higher now.

So why would Motsepe splurge this much randelas on these cows? Well that’s because they’re special in more ways than you can imagine:

All The Companies Patrice Motsepe Owns

Female Ankole cow
  1. They produce excellent milk quality.
  2. Produce meat high in omega oils and polyunsaturated fats.
  3. Can live up to 30 years.
  4. Relies on limited nutrients and water.
  5. Their curved horns are connected to airways, which helps them to regulate body temperature.
  6. They’re disease and tick resistant, this makes them a robust and practical breed.
  7. Can survive on low quality forage.

You see, they are really special, and a good investment too.

timeslive

Get South Africa’s latest entrepreneurial or business success stories delivered right to your inbox – Sign up to Entrepreneur Hub SA’s newsletter today

2 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *