27 October 2023
The Posts and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has approved a further increase in tariffs for services provided by telcos - but only those priced in Zimbabwean dollars (ZWL).
As a result, Econet Wireless, NetOne, TelOne, Telecel have all announced new prices coming into effect this week.
POTRAZ had already authorized the country’s telcos to increase the prices of their services in two stages. A first increase of 50% was immediately implemented after the measure was announced in February, while the second came into force from April.
These initiatives are part of the regulator's efforts to limit the impacts of the local operational context on the activities of telecom operators, who are facing hyperinflation, local currency weaknesses, foreign currency shortages, increased operating costs, increased vandalism, and power cuts.
POTRAZ recently submitted to the government a new pricing model based not only on the local currency, but also on the US dollar. The measure should make it possible to guarantee price stability on the national telecoms market.
