In an email sent out earlier today, ZOL informed their customers that they will be increasing their prices for all their residential and business fibre packages.
Dear Valued ZOL Customer,
We are writing to inform you about a pricing update that will affect your account.
The circumstances prompting this change are compelling. Our costs are growing at a rate poised to outpace our service delivery. In order for us to continue providing you with the same quality of services you have come to rely on, we are revising our prices upwards.
This increase will take effect on the 1st of November, 2018. Due to the short notice, we have extended a 7 day period for you to pay your subscription before your service is interrupted.
In 2012, ZOL was acquired by Liquid Telecom Group a subsidiary of Econet Wireless Group which operates Econet Wireless Zimbabwe the largest telecoms company in Zimbabwe in terms of subscriber base.
Meanwhile, Zimbabwean business tycoon Mutumwa Mawere has suggested that there is a Data and voice Queen B in Zimbabwe. There is currently a multi-billion dollar foreign currency scandal in Zimbabwe which outspoken Zanu-PF activist, Acie Lumumba has linked to a shadowy character he has referred to as Queen Bee.
Perhaps Joseph is completely blindfolded by the dominance in electronic money&the profits generated by a disguised monopoly. If a Queen B of fuel exists, then who is the data&voice Queen B? https://t.co/JKYswuGgsE
— Mutumwa (@mmawere) October 30, 2018
When benchmarked against other countries, monthly mobile data costs in Zimbabwe remain one of the most expensive in Africa. Ecobank's report found that Zimbabwe ranks number 2 across 47 African countries, in a study that examined the average monthly cost of one gigabyte of data. The monthly average cost of mobile data in Zimbabwe is pegged at $25 per gigabyte, second to Equatorial Guinea’s most expensive mobile data which goes for $35.47 per gigabyte.
