Duncan Banda | Econet boss and founder Strive Masiyiwa has contradicted his own company on mobile data tariff increases.
Masiyiwa claimed he was against floor prices introduced by the Central Intelligence Organisation (CIO) infested Potraz.
He even claimed the Potraz directive is “unusual.”
Masiyiwa via his online portal said, “it is my understanding that it was a directive from the telecoms regulator. I have never supported this type of regulatory approach.
“It makes it difficult to introduce new services such as Mobile TV, when a “floor price” is set for data. Very unusual”.
But a leaked document exposes his company, Econet for being a chief proponent of price rises.
Econet are seen in the memo calling for higher prices than those imposed by Potraz.
Revealingly, Econet has since come out as the only network to hike their data tariffs. The new draconian tariffs are up to 5 times the minimum value set by Potraz. Zimbabweans have opened the year with trouble as many who had established their small to medium businesses online are now shutting down not so much due to the government body’s action, but due to Econet’s prohibitive prices.
Coincidentally, Econet is also the only company that once raided a media house, The Source using rogue ZRP cops through an immoral High Court Order.
And Steward Bank’s bank charges are ludicrous!
Very disappointed in you Strive Masiiwa!! Thought you were for the people. I guess there is a reason why he is so rich!
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If was using econet and the price increases wwould switch to another service provider
Why am I not surprised. Isn’t it the same econet that used to sell sim cards for several hundreds of US dollars? Yet the man preaches very differently!
Masiiwaldinho, don’t forget this guy is Phillip’s friend and might be heavily linked to ZANU PF coz Chiyangwa said it all that Masiiwa funds the government. He doesn’t care about the suffering of the people but rather cares about being a billionaire.
I dint trust soft spoken people, about 99.9% of them are crooks and dangerous.
Imagine. And yet we are still to learn kuti public image is different to who he is. Too many people worship this guy and put him on a pedestal as some kind of saviour wanting him to be president. All based on information from his PR machine. The only saviour is Jesus. Mazimba futi
The business of a business person is business and profits .Period!
This guy is surely a person of double standards. This shows how dangerous he can become if he were to hold a big political office.