Last Friday we attended a Global Entrepreneurship Week event hosted by Emerging Ideas at the Celebration Center in Harare. Astro CE, Munyaradzi Gwatidzo was amongst the speakers and made some startling claims about the ambitious brand he founded.
The young CE, claimed that in just its first year in business, Astro has made revenue up to US $5 million dollars and is targeting $50 million dollars in 2014. Techzim hasn’t independently verified these figures yet but it’s definitely, in the words of Mr Gwatidzo himself, “a shocker” for a tech startup in Zimbabwe to push those kind of figures in the first year of operations.
Considering the current business environment in Zimbabwe and if any of the information is true, then Astro’s exponential growth is nothing short of phenomenal. The startup also claims to employ 70 people, and is looking to increase this number to 500 in 2014. This growth in the payroll obviously depends on how their ambitious plans to open up an assembly plant in Zimbabwe pan out.
Dell Latitude E5470
Airpods pro 4
Acer extensa 2519
Apple Airpods pro
The company also made claims that their devices are “patented unique designs”. Again we have not independently verified these claims yet but I can be forgiven to question such a claim. Although, in response to a question from the audience, Mr Gwatidzo maintained that their products designs are 100% unique, there is no denying that their devices look similar to some devices from giant brands like Nokia and Samsung and it will be next to impossible for any Astro device to pass through any patent office.