Econet’s post-paid services back on

28 Jan 2009

Zimbabwe’s mobile market leader Econet Wireless has resumed offering its post-paid services, which were suspended last November because of a shortage of foreign currency and lack of funding to pay for a new billing system. The move was made possible by the recent government initiative to allow operators to bill their users in foreign currency. A company statement said: ‘Econet is restoring contract services. The recent authorisation granted to the industry to bill in foreign currency allows us to re-engage our suppliers of billing systems.’ On related issues of affordability, the operator added, ’The concerns raised by our customers on the cost of services are absolutely valid, we share these concerns and we will continue to engage relevant authorities with a view to lessening the impact of VAT on call charges.’ The statement said that VAT, pegged at 22.5%, is the highest in the region, and that government officials are currently in consultations to look at the possibility of reducing the tax.