VATupdate

Share this post on

Telecoms, Mobile and Broadband Sector Report 2022: Heavy Tax Burden Causing Difficulties for Players/Consumers

Zimbabwe’s MNOs increase tariffs for voice and data services to address pressure on revenue. The Zimbabwean government has for some years addressed the country’s economic difficulties by finding ways to tax telecom services. Telcos have also been under economic pressure, facing stresses on revenue and on their ability to invest in infrastructure and network upgrades. This has encouraged the telcos to increase tariffs, supported by the regulator.

Source: Yahoo Finance

Sponsors:

VAT news

Advertisements: