Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) manager of consumer affairs, Mr Phibion Chaibva said the parastatal is still conducting stakeholder consultations in response to the mobile network operators’ demands to hike their tariffs.
Chaibva said this when he addressed journalists on the sidelines of the Potraz consumer education and awareness campaign road show at Chinotimba Shopping Centre, Victoria Falls on Sunday. Said Chaibva:
What I understand on the issue of mobile tariff hikes is that Potraz is still conducting stakeholder consultations to get a better understanding of the matter at hand. A cost based pricing method is a fixed sum or a percentage of the total cost added as income or profit to the cost of the product to arrive at its selling price. The reason why we base our decisions on this method is because it is the easiest way to calculate what a product should be priced at, taking into consideration both variable fixed costs and a percentage mark-up,