Zimbabwe's Mugabe to receive 'not less than $10m'

Former Zimbabwe president Robert Mugabe and his wife Grace Mugabe will receive million of dollars as part of a deal negotiated before the resignation of the ageing autocrat last week.

One senior official of Zimbabwe's ruling party ZANU-PF with direct knowledge of the agreement said that the total would not be less than $10 million, reported the Guardian.

Mugabe would receive a "cash payment of $5m" immediately, with more paid in coming months.

The 93-year-old's $150,000 salary will also be paid until his death.

Reviled for her extravagance and greed, the 52-year-old first lady, will then receive half that amount for the rest of her life.

The duo has also been granted immunity from prosecution.

Mugabe resigned on Tuesday after 37 years in power.

Former vice-president Emmerson Mnangagwa has been sworn-in as the president of the country, thus beginning a new era for the long-troubled nation.