Telecom

Zimbabwe telecom regulator approves new cost hike

Zimbabwe telecom regulator approves new cost hike
Thursday, 26 October 2023 15:06

Since 2019, Zimbabwean telecom operators have been allowed to increase their tariffs several times to meet the challenges of the local operating environment. The latest tariff adjustments date back to February and April 2023.

The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has approved a new increase in tariffs for services provided by telecom companies. This new adjustment, effective this week, concerns only prices in Zimbabwean dollars (ZWL), while those in US dollars remain unchanged.

As a reminder, telecom operators have been allowed to increase their tariffs several times since 2019 to meet the challenges of the local operating environment. The latest tariff adjustments date back to February and April 2023. A first increase of 50% was implemented immediately after the measure was announced in February, while the second came into effect on April 1.

Price increases are authorized as part of the regulator's efforts to limit the impact of the local operating context on telecom operators' activities. These include hyperinflation, a weak local currency, a shortage of foreign currency, rising operating costs, increased vandalism of infrastructure, power cuts, and more.

In addition, POTRAZ recently submitted to the government a new pricing model based not only on the local currency but also on the US dollar. This measure should help to guarantee price stability in the national telecoms market.

On the same topic
Burkina Faso to accelerate online justice services rollout from 2026 New platforms enable remote filings, documents, prison visit requests Reform aims...
OADC secures approval to acquire seven NTT Data centres in South Africa Deal expands footprint in Africa’s largest data centre...
Egypt plans mobile phone exports from 2026, targets 15 million devices Strategy builds local ICT manufacturing; 40% value-added, 15 brands...
Gambia’s Gamtel signs $50 million PPP to modernise internet backbone Project boosts core network capacity from 50 Gbps to 800...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...

Nigeria’s Tax Overhaul Set to Take Effect Amid Fury Over ‘Illegal’ Changes
03

Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...

CEMAC Bloc Clears Way for Private Credit Bureau: New Implications for Regional Lending
04

Partnership targets priority projects, startup support and skills training Deal aligns with...

Gabon Signs MoU With Huawei on Digital Economy Push
05

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.