Airtel Malawi lifts prices amidst tough economic challenges

18 December 2023

Airtel Malawi has announced a revision of the prices of some of its voice and data offers, with an average increase of 15% and 20%, respectively. The tariff adjustment was approved by the Malawi Communications Regulatory Authority (MACRA).

According to Airtel Malawi, this tariff revision is a partial cost recovery which was necessitated by recent developments in the country’s macroeconomic factors. These include the cumulative loss in value of the kwacha of 64% since June 2023, the increase in electricity tariffs of 18% in September 2023 and the increase in the price of diesel by 42.4%.

“These costs constitute a significant portion of our daily operational costs and have since significantly increased the cost of doing business for Airtel Malawi PLC. At this level of cost escalation, it is not viable to continue with current prices. It is important that Airtel continues to be viable so that it can continue to invest in the network and ensure better service delivery to its customers,” said Airtel Malawi in a statement.