FIRST Lady Grace Mugabe, who has gone full throttle in expanding her real estate portfolio, bought a US$4,2 million plot that was earmarked for a housing development project in the plush Helensvale area of Harare’s Borrowdale suburb as she grows her empire, the Zimbabwe Independent can exclusively reveal.
Grace has been splurging millions of dollars on houses, cars and jewellery despite the fact that her business empire, under the Gushungo Holdings’ Alpha and Omega Dairies banner, is in the doldrums, incurring perennial losses since 2013.
Grace’s Mazowe empire already includes an opulent double-storey mansion on Mapfeni Farm, which can be seen from Manzou Farm where she has been evicting thousands of villagers since 2011 to establish a game park.
There is also a dairy farm, orphanage and a school. Grace has also grabbed land which belonged to the former Zimbabwe Stock Exchange-listed agro-producer Interfresh’s Mazowe Citrus Estates.