Zimbabwe: POTRAZ imposes price controls on Econet by stopping a 60% cut in user tariffs
Potraz, Zimbabwe’s telecommunications regulator, has reportedly forced the country’s largest mobile service provider, Econet, to reverse a 60% cut in user tariffs – a move that has been met with anger amongst the company’s subscribers.
The issue has been picked up by international media and one media report, posted by SW Radio Africa, explained how, in response to cheaper tariffs offered by Telecel, the privately-owned Econet reduced its call rates from 25 cents per-minute to 10 cents last week. SW Radio Africa states that according a report by Newsday, the explanation for the order, provided by Portraz, was that it “was in accordance with telecoms regulations”.
The regulator has also claimed that it had to vet any changes in tariffs in order to protect consumers and promote fair competition.