Harare – 28 March 2025
By A Correspondent | ZimEye | A major property owned by controversial preacher and businessman Walter Magaya is being auctioned by the Sheriff of the High Court of Zimbabwe today, following a lawsuit brought by GetBucks Microfinance against Magaya’s company, Planet Africa.
The auction, confirmed in an official notice, is taking place at Raylton Sports Club, corner of Fifth Street and George Silundika Avenue in Harare, on Friday, 28 March 2025, starting at 10:00 AM, with bidder registration from 9:00 AM.
The property going under the hammer is located at 166 Smuts Road, Prospect Waterfalls, Harare—a prime piece of land measuring over 3.2 hectares. It is listed in court records as the “remainder of Stand 166 of Prospect,” and is registered in the name of Magaya’s Planet Africa, which is cited as the defendant in the case (GetBucks Microfinance v Planet Africa & 2 Others, High Court Case No: HCHC657/24).
Though access was denied to valuers, the Sheriff’s office was informed that the property was previously used as a medical facility, and contains multiple structures including a reception area, two kitchens, a dining area, six single rooms, various toilets and bathrooms, and a large yard with male and female ablution blocks. The cottage alone has three toilets and several rooms.
This public auction marks a significant blow to Magaya’s vast business empire, which has included real estate, agriculture, pharmaceuticals, and religious tourism. Planet Africa, once presented as a key pillar in Magaya’s vision for economic empowerment, now finds itself at the centre of financial distress.
Magaya, founder of Prophetic Healing and Deliverance (PHD) Ministries, has not publicly commented on the pending sale. His ministry and affiliated companies have faced growing scrutiny in recent years over allegations of financial mismanagement and unfulfilled business promises.
This development adds to the rising number of legal and financial challenges facing the charismatic preacher, whose influence in religious and business circles has been considerable.
More updates to follow as the story develops.