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
Cameroon to tax digital creators as part of broader revenue reform Tax targets income from ads, partnerships, and platform earnings Details...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens competition with Starlink in the LEO satellite...
Yas, part of AXIAN Telecom, surpassed 1 million homes passed with fibre after acquiring Wananchi Group, expanding into Kenya, Tanzania, Uganda, and...
Zimbabwe to build data centre, tech park for AI-driven digital growth Project aims to boost infrastructure, part of Smart Zimbabwe 2030...
Most Read
01

Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...

Africa’s Artificial Intelligence Moment : Infrastructure, Governance and the Path to Scale
02

Development Partners International sold its 20.17% stake in Atlantic Business International for mo...

DPI Exits Atlantic Business International in $200 Million-Plus Deal
03

African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...

Africa’s Billionaires Post Strong Gains as Global Wealth Hits Record
04

Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...

Africa’s Energy Boom in 2026 Puts AfCFTA at the Heart of Its Trade Response to US Tariffs
05

Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...

Flutterwave Adds Open Banking With Mono Acquisition
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.