Econet says it was deprived of over $130 million in revenues through government & regulatory interference

By Nigel Gambanga

In a statement accompanying its consolidated annual financial results, Econet’s chairman Dr. J Meyers highlighted how the regulatory directive to reduce tariffs as well as the 5% tax added to all airtime prejudiced the operator of $95 million and $30 million respectively.

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Econet says it was deprived of over $130 million in revenues through government & regulatory interference

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