20.5 C
Harare
Friday, February 6, 2026
HomeNewsZimbabweMnangagwa's ally shells out $34 million for swanky new private jet

Mnangagwa’s ally shells out $34 million for swanky new private jet

Date:

Related stories

Acid attack turns fatal

A MUTARE man has been arrested and charged with...

50 Cent concedes Jay-Z outmanoeuvred him in the business of hip-hop

Rapper and entrepreneur Curtis “50 Cent” Jackson has acknowledged...

Mnangagwa defends Zimbabwe land reforms amid sanctions debate at Dubai summit

HARARE - Zimbabwean President Emmerson Mnangagwa has defended his...

Zimbabwe sovereign fund breaks up mining empire to chase specialist capital

HARARE - Zimbabwe’s sovereign wealth vehicle is dismantling its...

UK doors opening for Zimbabwe accountants

THE Institute of Chartered Accountants of Zimbabwe (ICAZ) is...

BULAWAYO – Flashy businessman Wicknell Chivayo has splashed out about US$34 million on a long-range Gulfstream G550 private jet, further underlining his reputation for conspicuous displays of wealth.

Chivayo, 45, who made his fortune through lucrative state-linked contracts, revealed the purchase on social media, where he also disclosed the aircraft’s hefty price tag.

Flight tracking platform FlightAware lists the previous owner of the jet with tail number N550GA as Gulfstream Leasing, a United States-based company. It first went into service in 2012.

Powered by twin Rolls-Royce BR700 engines, the Gulfstream G550 has an intercontinental range of about 12,500 kilometres, allowing it to fly non-stop between continents. The aircraft typically carries 14 to 19 passengers, cruises at altitudes of up to 41,000 feet, and can reach top speeds of 941 km/h.

Although payment for the jet has been completed, aviation sources say the aircraft is expected to undergo interior customisation and possibly repainting ahead of its anticipated delivery in March.

he Gulfstream G550 with tail number N550GA taking off from Glasgow Prestwick on July 16, 2016 (Photo/Ian Howat)
The Gulfstream G550 with tail number N550GA taking off from Glasgow Prestwick on July 16, 2016 (Photo/Ian Howat)

Chivayo, a close associate of President Emmerson Mnangagwa, has over the past year been travelling in a Bombardier Challenger 300. It remains unclear what will become of that aircraft once the Gulfstream enters service.

Wicknell Chivayo posing with his new Mercedes Benz G63 (PICTURE/Facebook)

Source: ZimLive

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

spot_img