Monday, June 01

Walter Magaya’s Hotel & Stadium Set For Auction Cant Pay Zvikwereti

Prophet Magaya’s Prime Waterfalls Properties Up For Auction

Prophet Walter Magaya’s multi-million dollar hotel and stadium complex in Waterfalls is set for auction after two separate creditors secured writs of execution from the High Court. The prime developments, located on adjoining stands at Smuts Road in Prospect, appear to overlap — with both creditors listing the same hotel and stadium facilities — raising the likelihood that the complex spans both properties.

Chinese National Targets Stand 168
According to court papers under Sale Number SH3294/25 dated 24 September 2025, Chinese national Li Xiu Yun successfully obtained a writ against Prophetic Healing and Deliverance (PHD) Ministries. The order targets Stand 168 of Prospect, a 3.8428-hectare property at 168 Smuts Road, Waterfalls.

A report on the property noted that access was denied, but visible improvements included “a hotel that appeared to be a four-star with ancillary facilities, several cluster houses/lodges and a stadium.”

The court papers reported that the development has long been a neighbourhood milestone, with enhanced security and extensive facilities, making it one of the most prominent projects associated with Magaya’s ministry.

GetBucks Pursues US$420,000 On Stand 166
The second case, under Sale Number SH3298/25, involves GetBucks Microfinance Bank Limited. The microfinance institution is seeking to recover a debt of US$420,140 (about R7.7 million) from Planet Africa (Private) Limited, Walter Magaya, Tendai Magaya and Deliverance Ministries. The property attached in this case is the Remainder of Stand 166 Prospect, measuring 3.2323 hectares at 166 Smuts Road, Waterfalls. Court documents describe it as containing “a hotel and a 40-seater stadium with FIFA ranking, very good security and several clusters/lodges” — almost identical to the description of Stand 168.

This similarity strongly suggests that Magaya’s complex, including the hotel and FIFA-ranked stadium, may straddle both properties now being pursued by different creditors.
It was reported in June 2025 that GetBucks had already obtained a High Court order for repayment, but accused Magaya and his entities of frustrating recovery efforts.

In its court filing, the bank said:

“A couple of days before the sale in execution, the respondent voluntarily resolved to place the principal debtor under Corporate Rescue which position frustrated the sale in execution of the immovable property.”

GetBucks also alleged deliberate obstruction, telling the court:
“There being no further assets of the 1st and 2nd Respondent and after frustration of all execution avenues to frustrate the judgment of this court and to render it a brutum fulmen, it follows that the two are insolvent and their estates should be liquidated. Procedures have been abused to frustrate execution. Entities linked to the applicant have been used to frustrate genuine execution of court orders.”

Auction Ahead, But Confusion Remains
With two writs now covering overlapping properties, the Sheriff of the High Court faces the complex task of auctioning the Waterfalls developments. Creditors may end up pursuing claims on the same hotel and stadium, complicating the sale process and potentially triggering further legal battles.

For Prophet Magaya and PHD Ministries, the developments — once celebrated as a milestone in the church’s expansion — have become the centre of a financial storm. Both stands are now firmly under the hammer, with the creditors determined to enforce repayment.

Case Summary Box
Case Number    Parties Involved    Property    Improvements Listed
SH3294/25    Li Xiu Yun vs PHD Ministries    Stand 168 Prospect, 3.8428 ha, 168 Smuts Road    Hotel (4-star), cluster houses/lodges, stadium
SH3298/25    GetBucks vs Planet Africa (Pvt) Ltd, Walter & Tendai Magaya, PHD Ministries    Stand 166 Prospect, 3.2323 ha, 166 Smuts Road    Hotel, 40-seater FIFA-ranked stadium, cluster houses/lodges
Key Point: Both writs describe almost identical facilities, suggesting the hotel and stadium complex spans both adjoining stands.

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Medicare Plans for Seniors: What to Know Before You Enroll

Medicare plans for seniors, senior Medicare plans, Medicare coverage for seniors, Medicare Advantage for seniors, Medicare Supplement for seniors

Medicare Plans for Seniors: Coverage Options Explained

Medicare can feel overwhelming at first. There are parts, plans, premiums, deadlines, networks, and drug coverage options.

But once you understand the basic structure, comparing Medicare plans becomes much easier.

Most seniors choose between Original Medicare with optional add-ons or a Medicare Advantage plan.

Original Medicare for Seniors

Original Medicare includes Part A and Part B.

Part A helps cover hospital-related care. Part B helps cover doctor visits, outpatient services, preventive care, and medically necessary services.

Many people with Original Medicare also consider:

Part D prescription drug plan
Medicare Supplement Insurance
Dental or vision coverage separately

Medicare Advantage for Seniors

Medicare Advantage plans provide Part A and Part B benefits through private companies approved by Medicare. Medicare says these plans generally include Medicare Advantage plans, Medicare Cost Plans, demonstrations/pilots, and PACE among Medicare health plan options.

Many Medicare Advantage plans may include drug coverage and extra benefits.

However, they may also have networks and plan rules.

Medicare Supplement for Seniors

Medicare Supplement Insurance, or Medigap, helps pay some costs not covered by Original Medicare, such as copayments, coinsurance, and deductibles.

This can be helpful for seniors who want more predictable costs and provider flexibility.

Prescription Drug Coverage

Prescription drug coverage is important even if you do not currently take many medications.

Medicare Part D is optional, but late enrollment can lead to penalties if you go without creditable coverage.

How Seniors Should Compare Medicare Plans

Doctors

Make sure your doctors are accepted.

Ask:

Is my primary doctor covered?
Are my specialists covered?
Is my hospital covered?
Do I need referrals?

Prescriptions

Check each medication.

Ask:

Is the drug covered?
What tier is it?
Is my pharmacy preferred?
Are there restrictions?

Cost

Compare total annual cost, not just monthly premium.

Look at:

Premiums
Deductibles
Copays
Coinsurance
Drug costs
Out-of-pocket maximums
Specialist visits
Hospital costs

Travel

If you travel often, plan flexibility matters.

Original Medicare with Medigap may offer broader provider access, while Medicare Advantage plans may have network limits.

Medicare Plans for Low-Income Seniors

Some seniors may qualify for help with costs.

Extra Help can assist with Medicare drug coverage costs for people with limited income and resources.

Other programs may also help, depending on income, assets, and state rules.

Senior Dental, Vision, and Hearing Coverage

Original Medicare generally does not cover routine dental, vision, and hearing in the same way many private insurance plans do.

Some Medicare Advantage plans may offer these benefits.

Before choosing a plan because of dental or vision benefits, check:

Annual maximum
Covered services
Provider network
Copays
Waiting periods
Frequency limits

Not all dental benefits are equal.

Common Questions Seniors Ask

Is Medicare Free?

No. Many people pay premiums, deductibles, copays, or coinsurance.

Do I Need Part D?

If you do not have other creditable drug coverage, Part D may help avoid future penalties.

Can I Change Plans Later?

Enrollment periods and special rules apply. Do not assume you can switch anytime.

Is Medicare Advantage Better Than Medigap?

Neither is automatically better. It depends on your needs.

Final Thoughts

Medicare plans for seniors should be compared carefully based on doctors, prescriptions, costs, travel, and health needs.

Do not choose based only on ads or monthly premium.

The right Medicare plan should help you access care, manage costs, and feel confident about your coverage.

Cybersecurity Solutions for Modern Businesses

Cybersecurity has become one of the most important priorities for businesses operating in the digital world. Companies face increasing threats from hackers, phishing attacks, ransomware, and data breaches that can lead to financial losses and damaged reputations. Investing in strong cybersecurity solutions helps organizations protect sensitive information and maintain customer trust.

Modern cybersecurity systems include firewalls, antivirus software, cloud security services, and network monitoring tools. Many businesses also implement employee training programs to reduce risks associated with phishing scams and social engineering attacks. Human error remains one of the leading causes of cybersecurity incidents.

Businesses handling customer data must also comply with privacy regulations and industry security standards. Regular security audits, software updates, and data backup systems can improve protection against evolving cyber threats. Many organizations now work with managed security service providers to monitor networks and respond to threats in real time.

As technology continues to evolve, cybersecurity will remain essential for companies of all sizes. Strong digital protection strategies help businesses reduce risks, improve operational stability, and maintain long-term growth.