Goverment run fixed telephone network service provider, Telone, which is battling recover outstanding debts from customers dating back to the days of the 2008 economic collapse has sent out a threatening statement to blacklist the debtors.
Here is the latest statement from the State owned Telecoms company:
So far, 48000 people have been blacklisted.
Don’t be the next one!
Pay your outstanding telephone bill today.
We have so far blacklisted 48 000 individuals and companies who did not heed our warning to settle their outstanding telephone bills. If you have not paid off your TelOne phone bill, avoid being backlisted by making your payment to TelOne right away.
No further warnings will be issued
If you are blacklisted, you will not be able to open a bank account, access loans, or get credit approved for clothing or furniture amongst many other inconveniences that come with a bad credit rating,
Settle your bill immediately at any TelOne Service Centre or online through ourTelPay facility.
But will this work?
In normal economy blacklisting would probably have more effect than this.
The fact that 48 000 people have already been blacklisted shows the strategy is not work and does not carry the threat TelOne thinks it does. That’s a lot of people and it points to something fundamentally wrong within the economy rather: it’s not that debtors don’t want to pay, debtors simply cannot pay.
There are no credit facilities either and so people will happily brave the threat of blacklisting than sacrifice their little earnings to pay legacy debts.
With the poverty line now above $10 000 people would rather not pay than starve so they can pay. The government forgave the debts of bigwigs who couldn’t pay their Farming Equipment loans surely they can forgive these debts too.
Additional reporting by Price check