Econet decries tariff structure

ECONET Wireless, Zimbabwe’s largest mobile network operator says the current tariff structure is a threat to long-term viability of the local telecoms sector.
In the group’s annual report for 2023, chairman James Myers acknowledged various interventions granted by the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) in a bid to align operating costs with revenue generating activities.
“However, tariffs continue to fall behind inflation because of rapid changes in the macro-economic environment. This disparity occurs because tariffs for the sector are determined in the local currency, based on movements in inflation and in the exchange rates.