Financial crisis hits Prophet Magaya
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Financial crisis hits Prophet Magaya

The economic turmoil in Zimbabwe has hit hard Prophet Walter Magaya’s coffers such that he is now struggling to complete several of his major projects.

Magaya began the projects when money was flowing in during the good times. But now the economy has tanked financial inflows have taken a hit.

 Prophet Magaya is constructing a hotel expected to cost $8 million and a stadium worth $15 million apart from a church structure worth $90 million in Waterfalls. With the cash crisis, tithes are not at the same levels and Magaya does not want to have swipe machines as these provide evidence which Zimra will pounce on.

“Do not be fooled by the messages being posted on their Facebook page that Prophet Magaya refused to accept an aeroplane gift bought by his followers. He had plans to hold crusades in Tanzania and Zambia before returning to South Africa but all these have been shelved due to financial crisis.

“Apart from all this, his desire to sponsor football for men and women is costing him much that marovha ose avakumhanyira kubhora kuProspect vachida kupihwa kudya zvakare.

“Construction of a hotel and the stadium contributed much to the draining of money he had and honestly speaking it will not surprise you to find him begging from the people he used to feed.

When H-Metro visited Prophet Magaya at his offices he was said to be attending a series of meetings with people believed to have come from South Africa and could not respond. h metro

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