Economist |Lethukuthula foundation founder|YoungkingGroup |DynastyCapitaInvestor |Crypto&Forex trader| Quant|Author |
@ Bulawayo
Joined May 2018
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Every African should start the year by understanding where we come from and where we’re going. The African Renaissance challenges us to think deeply about Africa’s economic systems, leadership gaps, and the mindset that shapes our future as a continent.
This book isn’t about blame it’s about responsibility. If we want sustainable growth, wealth creation, and dignity, we must first change how we think. Reading is where transformation begins. 📘🌍
You can get the book at 👇
scribd.com/book/970308024/Th…
I think if his interview with @TrevorNcube is anything to go by 😂 Gono is to a very large extent innocent 😂 the man was being pressured to print…
South African fund managers could invest 100% of qualifying ring-fenced portfolios in foreign assets under a proposed regulatory framework designed to strengthen the country's position as an international financial centre.
I thinks Corruption is a major part of the problem. When the state controls too much of the economy, political elites can use that power to reward loyalists, monopolise resources and enrich themselves at the expense of citizens
In Africa, communism and socialism have been tried, and both have failed dismally.
This failure cannot be blamed on lack of opportunity.
Socialist governments have had everything they demanded: control of the constitution, command of state apparatus, and, in many cases, the active support or passive submission of citizens.
Despite these ideal conditions, the results have been consistent, high inflation, deepening poverty, shortages of basic commodities, weak policies, and economies left in ruin.
If the conditions socialism itself calls for were not enough to produce good outcomes, the fault lies with the system, not with insufficient implementation.
The Government of South africa has introduced temporary fuel levy cuts, diesel prices now look on track to be lowered by about R1.70 per litre in the first week of November, while petrol may become less than 25c cheaper - if at all. news24.com/business/economy/…
⛽ Malawi leads Africa in fuel prices at $3.23/litre, followed by Zimbabwe at $2.05 and Sierra Leone at $2.03, according to October 2026 data.
Zimbabwe’s fuel prices remain among the continent’s highest, raising the cost of transport, production and doing business.
Lethukuthula Khozah retweeted
Did anyone notice that the 25th Comesa Summit in Harare was hugely boycotted by most Heads of State and Government within the group?
Only 3, out of the 21 Heads of State attended the summit in Harare. 86% of the group's Heads of State boycotted Harare.
Only the incoming chairperson and host, President Mnangagwa, the incoming Vice Chairperson, President Hichilema and the outgoing Chairperson, President Ruto, were the only Presidents present. Anyone who didn't have anything to do with the chairpersonship boycotted the event. It was like a birthday party of a child attended by the birthday child, his father and mother only.
Eighteen of the 21 Comesa member states chose not to be represented by their Heads of State. These are Burundi, Comoros, DRC, Djibouti, Egypt, Eritrea, Eswatini, Ethiopia, Libya, Madagascar, Malawi, Mauritius,Rwanda, Seychelles,Somalia, Sudan, Tunisia and Uganda.
This is in stack contrast to attendance by African Heads of State at multilateral summits like the Forum on China-Africa Cooperation (FOCAC) where attendance by African Heads of State is almost, always 100%.
At least the 24th Comesa Summit in Nairobi was attended by 6 Heads of Government, namely President Ruto of Kenya, Mnangagwa of Zimbabwe, Ndayishimiye of Burundi, Assoumani of Comoros and Prime Ministers, Dhlamini (Eswatini) and Madbouly (Egypt).
It is quite clear that African countries don't take this Comesa thing seriously and ED has assumed chairmanship of just a useless group of people who don't take themselves seriously.
Africa holds significant gold reserves, led by Algeria (173.6 tonnes), Libya (146.7), Egypt (128.6) and South Africa (125.5).
North Africa dominates, with 14 African countries collectively holding about 768 tonnes in central-bank gold reserves.
AI is becoming a powerful weapon in cybersecurity.Researchers reportedly used AI tools to uncover vulnerabilities in PHP, a language powering a huge portion of the web
Technology evolves, and so do threats.Never assume your software is secure just because it has worked for years
Maybe they’ll finally change soya chunks from an inferior good into a product people actually desire😂
Branding and flavour can change the perception of an entire product category.
When it comes to marketing a d reputation soya chunks have a bad rep. Often they are just sold in clear plastic bags and come in a bland flavour of know-body-knows. There is a company selling these who are trying to change this. Their chunks are called top soup. They are selling for US$1 for 3 or US$14.50 for a pack of 50. They come in beef flavour too. What do you think
Africa’s telecom market
According to Business Insights Africa’s June 2026 ranking, MTN leads with 317 million subscribers, followed by Vodacom at 237.3 million and Airtel at 183.5 million.
Lethukuthula Khozah retweeted
COMESA is a US$1 trillion market of 21 countries, 16 of them already inside a free trade area with zero tariffs on qualifying goods. Yet intra COMESA exports were just US$14 billion in 2024, against US$202 billion sold to the rest of the world.
COMESA, SADC, the Tripartite FTA and now AfCFTA have given Africa no shortage of architecture. The curious bit is how little commerce seems to pass through it.
Europe eventually discovered that a common market requires more than permission for a crate of goods to cross a border. Its single market rests on the free movement of goods, services, capital and people. Africa is trying to build something similar through cherry picking at precisely the moment the political fashion is running the other way.
Borders are hardening, immigration is unpopular and nationalism is enjoying a revival. The AU’s Free Movement Protocol has still not entered into force. Business may be ready for the African common market. Governments appear rather less enthusiastic about the Africans who would have to move around it….and voters frankly don’t want to hear about .
It’s Friday, let’s relax a little and pick your drink of choice and let’s discuss.
In 2021, 50.2% of platinum export value in Zimbabwe was smelted. By 2025, that figure had reached 89.3%. 🇿🇼
Africa is slowly waking up. We can no longer afford to export our wealth as raw materials and import it back as finished products. The future of Africa lies in value addition, industrialisation, and creating jobs. Our resources must build our economies, not just enrich others.
President John Mahama has committed to ending Ghana's exports of unprocessed minerals by 2030 to boost domestic industrialization.
A phased ban on raw exports of minerals like bauxite, manganese, iron, and lithium will be implemented, with tailored legal measures.
This initiative is part of the broader Accra Reset agenda, strengthening Ghanaian control over natural resources and focusing on sustainable industrial growth and employment.
Investors will be obligated to support domestic processing, and the government will invest in infrastructure, skills, and financing to enable this shift.
