Depreciating Zimdollar erodes tariff increase benefits: Econet

ECONET Wireless Zimbabwe Limited (EWZ) says the volatile operating environment is eroding any benefits from the adjustments to the tariff regime, despite a 100% upwards review on voice and data charges last month.

Last month, the Postal and Telecommunications Regulatory Authority of Zimbabwe increased voice tariffs to US$0,40 per minute and data to US$0,63 per megabyte.

In a statement accompanying its half year financial results for the period ended August 31, 2023, EWZ chairperson James Myers said viable pricing of telecommunication services remained a key factor for the continued growth and sustainability of the industry.

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