According to Zimbabwe’s former finance minister, Tendai Biti, he told local media President Mugabe normally takes about $6 Million (R84 Million) when he travels with his family and entourage on christmas holidays and about $4 Million when he does his normal overseas trip.

 

“Every time the President leaves the country he takes with him $4m in hard cash which in most cases is raided from the RTGS (Real Time Gross Settlement) system,” Biti was quoted as saying.

Official engagements 

“This is part of the reason why we have cash shortages, because accounts for ordinary people are raided to fund unnecessary travel. With his relatives and security personnel over the month-long holiday he could spend close to $6m.”

Although no exact figures could be obtained from treasury, the amount that Mugabe could spend during the current vacation may even be much higher, particularly after his spokesperson George Charamba revealed that the president would embark on other official trips in between his vacation.

“The (annual) leave shall be interspersed with official engagements, including one which is related to the African Union,” said Charamba.