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"Chivayo, Mutapa Wanted 50% Stake In Starlink Deal"

6 months agoSat, 07 Sep 2024 09:17:34 GMT
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"Chivayo, Mutapa Wanted 50% Stake In Starlink Deal"

Starlink reportedly rejected a proposal for a 50% stake from Wicknell Chivayo’s IMC and the Mutapa Investment Fund (MIF) ahead of its launch in Zimbabwe.

Starlink officially activated its service in Zimbabwe just before midnight on September 6, 2024, shortly after launching in Botswana.

Investigative journalist Hopewell Chin’ono posted on X, citing sources that revealed DHL, a law firm representing Starlink, along with representatives from the Secret Service, the defence ministry, and ZIMRA, met in Harare this week to discuss the service.

During the meeting, it was alleged that authorities proposed Chivayo’s IMC, which President Emmerson Mnangagwa said was Starlink’s sole partner in Zimbabwe, receive a 40% stake in the company’s local operations, with MIF obtaining 10%.

However, Starlink reportedly rejected the proposal, stating that the other parties contributed little beyond political influence.

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The Mutapa Investment Fund, previously known as the Sovereign Wealth Fund of Zimbabwe, is a state-owned investment fund that oversees 20 parastatal entities, including major companies like NetOne, Air Zimbabwe, and the National Railways of Zimbabwe. Wrote Chin’ono:

There was a meeting this week in Harare involving DHL, a law firm representing Starlink, the Secret Service, the defence ministry, and ZIMRA regarding Starlink, according to my sources at Starlink.

Starlink was supposed to dispatch the first 1,500 test kits from America to Harare this week, but they were informed that POTRAZ needed to sign off first, which has now been done.

POTRAZ will also inspect and verify the kits upon their arrival in Harare.

Starlink resisted a proposal for a 50% stake, with Wicknell Chivayo’s IMC receiving 40% and the controversial Mutapa Fund getting 10%.

My Starlink source told me this morning that they rejected the deal because the other parties were not bringing anything to the table except political capital.

The Starlink Africa and Middle East contact informed me that they will be shipping the first 1,500 test kits this coming week via DHL, and they should arrive in Harare within the week for pre-go-live regulatory local compliance activities by POTRAZ.

My source told me that when units are imported via DHL, they are shipped under a global arrangement called Destination Duties Paid (DDP).

SpaceX which runs Starlink pays the duty upfront to ensure a seamless customer experience, avoiding waiting times and delays for customers.

So the Starlink website price includes customs duties according to my Starlink source.

More: Pindula News

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53 Comments

Anonymous · 6 months ago
This is all a lot of nonsense. Hopewell is a hopeless rumour monger. If he is that good, how come he is not employed and has never been, nor t=does he have any contract with any subntive news provider. Onloy gullible people take him seriously.
unru!ÿ · 6 months ago
Vana MHAAAAATTTTTTAAAAAAAAAAA Avaa voda kuhla voga
Erudite · 6 months ago
The same Starlink that can be shut down on instruction of the Zimbabwean government 😂😂😂...This is just temporary as we wait on the Chinese G60 to start operations next year.... Erudite out
Anonymous · 6 months ago
Iwe ungoriwo **** reZanu U cant even see into the future U stuck in 19gochanembe
Erudite · 6 months ago
There is nothing futuristic about relying on a service created by a nepo baby who benefited from apartheid...G60 will offer the same services or even better and not come with the added whiff of Elon Musk...G60 will launch mid 2025 and knowing the Chinese it will be much cheaper and more efficient... Erudite out
Anonymous · 6 months ago
Nothing Chinese is more efficient, because all that is requested when Zimbabweans go there is the lowest of the low. Keep your G60. Just like your G40.
Ctrl Alt Del · 6 months ago
NONSENSE
theLastAntKing · 6 months ago
mukuru zvaizvezvi vana vezimbahwe vachamboita zve starlink kunyange nemi mukutoimedzera mate. zve g-s.tring yenyu ne China tozoona muna 25 macho ndokunge yagona kupfuura starlink. China vane weibo kana muchiida futi ishandisei, asi kuno munogona kushaya kana 1 anayo
Anonymous · 6 months ago
What happens if someone buys the kit for me from Zambia. Someone wanted to gift me ?
Anonymous · 6 months ago
It works here Its the same starlink kit Only that that time it wasnt available in Zim So goodbye to Kalimbwe deals
INTERESTED ONLOOKER · 6 months ago
So where are the sanctions, American companies are investing in this country?
The 7 Sages · 6 months ago
is an individual's deals a state deal?
Anonymous · 6 months ago
There are no sanctions on the country. Just individuals. Point proven.
S. Dube · 6 months ago
Good news to every internet user. Data speed high and price affordable.
Anonymous · 6 months ago
That's still way too much for an ordinary person $350 to connect that's unheard off.
Anonymous · 6 months ago
Avoidance of political capital is a brilliant move .It sanitizes the way of doing business.
1
Mutauri wechokwadi · 6 months ago
But starlink is not creating jobs in Zimbabwe. Starlink is going to cause other network providers to scale down and this is going to cause job losses for many people.
Egypt Dzinemunenzva. · 6 months ago
starlink ingakwanisa zvakatadziwa nehurumende here nhai zvagara mabasa hakuna
1
Unknown · 6 months ago
But star link offers internet service only. Econet, netone, telone offer wide range of services which star link do not.
Phillip Marufu · 6 months ago
The high cost data was already a barrier to entry for some aspiring businesses. The entry of starlink would likely create more opportunities for others. Doing business would actually become cheaper with low data costs.
Anonymous · 6 months ago
You are an educated man Mr Marufu.
1
Anonymous · 6 months ago
You're worried about jobs loses when the network providers are so incompetent. Network yacho inotonetsa apa they charge mari refu. Ngazviende.
anyway · 6 months ago
this Hopewell Chin’ono is really an attention seeker trying to stay relevant , he claims to have sources everywhere lol, im sure next time he will say he has a source from the CIA or Mossad or something like that ... lol
Anonymous · 6 months ago
Vanhu vanoti maZimba takadzidza then you get this kind of comment, lmao
lotus · 6 months ago
ehe rine showoff team irori .harinzwisise kut secret zvinorevei. vobva vati makuhwa futi haa huye dont
secrete service LOL · 6 months ago
so the secret service representatives are no longer secret ? will they have to find a new job ?
Unknown · 6 months ago
Secret service personnel are not secretive in Zimbabwe. They like to be known that they are secret service. Who does not know this.
ok · 6 months ago
so its no secret that secret service people are not secretive in Zimbabwe , kkk
7@$h!0n · 6 months ago
Kuda kutenga mashares eStarlink kt vazotikaurisa
😮 · 6 months ago
Angaguta mari akasiya apfirwa mate naMugabe here.Inkp
Anonymous · 6 months ago
Starlink hasn't submitted to the corruption modus operandi.. very soon the modality will be sorted...
G40 · 6 months ago
starlink inoita mariiko
Loooooot · 6 months ago
Teammbavhambwa going up high its time that will tell
josphat · 6 months ago
mari yandinoshandisa ye data pa econet ye data re Whatsapp alone inotosvika kuma 30usd
Anonymous · 6 months ago
Why such a cost iko kuine private wifi inopedza masports
josphat · 6 months ago
ndakanoisa ka mini package ke 200usd at my house and enjoy unlimited data with my kids for 30usd per month 😀
Anonymous · 6 months ago
Which one is that
Ediots · 6 months ago
🤣 zvikwekwe ... legal kutonyoresa. these people have no ethical grounding of any kind
Chibaba · 6 months ago
Ko Chivhayo adii kungozvimirira ega ne Company yake
~ · 6 months ago
Chivhayo haana mari he is just a front. IMC ndeye Vene ndosaka vakuru vakati is the sole distributor of star link in Zimbabwe which was proved wrong. Chivhayo survives on tenders which he never fulfill.
Tman · 6 months ago
Apo Starlink kuchipisira vanhu data re unlimited re30us
josphat · 6 months ago
well played Elon
unknown · 6 months ago
We know these the type of deals they be making with the Chinese. But Elon Musk is not Chinese. He still has some morals left.
1
arne slot · 6 months ago
hayaa maface eZanu haaguti mari vakomana hey

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