ARNOLD TSUNGA
17.4K posts
@tsunga_arnold
Principal Managing Partner at Tsunga Bamu Law International, Convenor Civic Space Network - Africa (Retweets are not an endorsement)
Plea to Kenyan Authorities| I have learnt with sadness that the authorities in #Kenya have had a misunderstanding with one of Africa's leading civil society leaders and pan-African luminary Brian Kagoro @TamukaKagoro77. I think that Kenya as an extremely important country in Africa and Brian Kagoro as a leader who deeply cares about Africa should resolve this issue quickly for mutual benefit and for the benefit of Africa. It cannot be an Africa we want when our systems close out our leaders from different sectors from interacting with each other and our societies. Such unproductive intra-Africa disagreements can only benefit other regions and deprive Africa from benefiting from our diversity and necessary differing views. I therefore plead with the Kenyan authorities to review their decision on Brian Kagoro. @ICJKenya @WMutunga @AfricanJurists @JusticExAfrica eastleighvoice.co.ke/national/30041…
Plea to Kenyan Authorities| I have learnt with sadness that the authorities in #Kenya have had a misunderstanding with one of Africa's leading civil society leaders and pan-African luminary Brian Kagoro @TamukaKagoro77. I think that Kenya as an extremely important country in Africa and Brian Kagoro as a leader who deeply cares about Africa should resolve this issue quickly for mutual benefit and for the benefit of Africa. It cannot be an Africa we want when our systems close out our leaders from different sectors from interacting with each other and our societies. Such unproductive intra-Africa disagreements can only benefit other regions and deprive Africa from benefiting from our diversity and necessary differing views. I therefore plead with the Kenyan authorities to review their decision on Brian Kagoro. @ICJKenya @WMutunga @AfricanJurists @JusticExAfrica eastleighvoice.co.ke/national/30041…
How couples met (1930-2024)
#callforsubmissions by #16March2026 #NoticeofInvestigation #Meta #MetaPlatformsIrelandLimited #CCCC has published a Notice of commencement of investigation into alleged abuse of dominant position by Meta Platforms Ireland Limited. This is in response to information received by the CCCC that Meta unilaterally amended its WhatsApp Business Solution Terms on 15 October 2025, to exclude providers of general-purpose artificial intelligence services from accessing or using the WhatsApp Business Application Programming Interface (WhatsApp Business API), while preserving and preferentially integrating Meta's own AI service (Meta AI). The CCCC has reasonable cause to suspect, and does suspect, that Meta holds dominant position in the Common Market This notice is to all interested stakeholders to submit written representations to the CCCC with regard to the subject matter of the investigation. #COMESA #AfricaCompetition #COMESAMemberStates #COMESARegion #Burundi #Comoros #Djibouti #DRC #Egypt #Eritrea #ESwatini #Ethiopia #Kenya #Libya #Madagascar #Malawi #Mauritius #Rwanda #Seychelles #Somalia #SouthAfrica #Sudan #Tunisia #Uganda #Zambia #Zimbabwe #CommonMarket #dominance #dominantposition
The sad story of Tongaat Hullet ….
I have held Econet shares since 1998 when it listed. I have followed all Econet shenanigans and goings on since then from the time Professor Norman Nyazema was chairman, then replaced by @tawandan1 and all the way to the current chairman. I have observed Strive come up with all sorts of schemes every now and then. My overall conclusion is that such schemes are largely in his interest, never in the interest of other shareholders - the minorities. I must say I know not of any businessperson in Zimbabwe who has received as much support from Zimbabweans as Strive Masiyiwa from day one. Why? Because Econet had no money to roll out a mobile network, but Zimbabweans supported its IPO which was oversubscribed. I say this because Econet had no trading history as is usual for a normal listing. So the support it got wasn’t rationally entirely due to a compelling business case. There was an element of emotional support. I will give an example here: In 2003, Masiyiwa saw his stake sliding to under 26%. If I recall, at that time OMAM and Datvest Nominees were the second and third largest shareholders. Then Masiyiwa came up with a scheme to increase his stake to above 50% to reverse the effect of this scenario. How? They said Econet was to acquire 14% of Mascom in Botswana that Masiyiwa held through his private vehicle. This transaction was sold as a smart idea as Econet would get a foreign currency earning asset (Botswana Pula). It was the most controversial Econet EGM ever. Weeks prior, Strive had tried to use his TSMI to vote. There was vocal push back and the shares were then split into class A & B. At the EGM, shareholders demanded a poll. Muzaya @tawandan1 was chairing. Mzaya @RangaMberi was present making sure Cresta was providing us with samoosas and other cordials. Tawanda Gumbo, then CEO of Delloite who were the auditors at the time were to be referees of the poll. We waited and waited, for the poll results to come - 12pm, 1pm, 2pm, 3pm …. Delloite was still doing the counting and nowhere to be seen. Call it meticulous verification 😂. I recall leaving, and coming back at 4pm, only to see Mzaya TN still there waiting for the poll results from Delloite. Most people left without knowing the outcome, which was announced later in the evening. Many people believe the results of the poll were cooked at the accounting firm. Story for another day. Fast forward to 2005, less than two years after we were told that Econet should buy the 14% in Mascom to earn foreign currency dividends, Strive cooked up another scheme. He was cooking up a merger with South Africa’s Altech and needed assets to add to a venture called Econet Wireless International which was to hold 50% of the JV. So the low hanging fruit was the 14% stake in Mascom held by Econet Zim. So it was moved over to this ill-fated joint venture - Econet Wireless International (Econet Wireless Global). The joint venture soon collapsed after Strive accused Altech of breach of contract and further accused the COO of the JV Adriaan Van Der Westhuizen of making racist remarks. Story for another day. All this stuff about the delisting of the company being about undervaluation is BS. Strive in my experience has come up with scheme after scheme after scheme in tiring, exhausting ways. Issues about companies like TeleLogistics and so on are matters for another day. Personally I am tired of these self serving schemes so much that I simply keep a stake to remain informed of these schemes as they come up. I sympathize with asset managers & pension funds who have to put up with all this stuff. I laugh at all these analysts, who have not been there, done that, trying to analyze and rationalize Strive’s schemes with neither context nor historical knowledge of the company. Little knowledge syndrome! Muchasvinura. @its_hot_o @tmukogo @SMRI_Institute
Breaking: EU decided today to lift sanctions against Zimbabwe. The arms embargo will be extended for one year. The EU is ready to strenghten engagement on the basis of mutual interests. @GermanyInAfrica @GermanyDiplo @GERonAfrica #zimbabwe
Do markets care about the proposed constitutional amendments? More specifically, do investors, both international and domestic, care? Often, it is not only the substance that matters but the signal. When a constitution can be altered with relative ease, investors interpret that as institutional fragility. In a country that already carries a high risk premium, any indication that foundational rules are pliable raises perceived political and regulatory risk. Zimbabwe’s risk premium was elevated to begin with. Developments that suggest greater constitutional fluidity are likely to push it higher.
