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.
AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agricultur...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...
Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...
BNP Paribas entered exclusive preliminary talks with Holmarcom to sell its 67% stake in BMCI. ...
Kenya approved two national infrastructure funds targeting KSh5 trillion ($38.7 billion) The government seeks to mobilise private capital and reduce...
Carrefour plans to enter Ghana in 2026 through a franchise partnership The group will take over and rebrand Shoprite Ghana’s seven...
South Africa’s direct investment outflows dropped to 21 billion rand ($1.25 billion) in Q3 2025 Anglo American’s exit from Valterra Platinum...
Banks’ exposure to sovereign risk rose to 32% of total assets in 2024 48.8% of banks’ treasury assets were invested in public securities Cameroon,...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...
(FEZ–MEKNES REGION) - As AFCON 2025 approaches: the Fez-Meknes region is emerging as one of Morocco’s most strategic tourism hubs, offering strong...