They are becoming a popular and sought-after breed.
A five-year-old bull called Mufasa fetched R700 000, while a pregnant cow, Lindi, fetched R560 000.
Another cow, with a calf, was sold for R400 000.
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Rather, it is an indication of the scarcity of good breeding material in the country.
But as studs increased, prices would eventually stabilise.
President Ramaphosa is the foremost investor in Ankole cattle in South Africa.
Ankole cattle fetch hundreds of thousands of rands at local auctions. Image: Eric Lafforgue/ Art in All of Us/ Corbis via Getty ImagesSource: Getty Images
Geniuses that have shattered huge records in reputable foreign universities
Economically, there is much excitement about Ankole.
They are also more resistant to ticks than other breeds.
Where necessary, farmers or breeders provide mineral or protein licks as nutritional supplements for the animals.
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Sebastiaan, the R3 million bulls horns measure 114 cm.
Recently, a partnership was announced with the Federated Hospitality Association of Southern Africa (FEDHASA).
The partnership aims to preserve jobs in the industry.
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President Cyril Ramaphosa also invests in Ankole cattle. Image: RODGER BOSCH/AFP via Getty ImagesSource: Getty Images
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