Vodacom South Africa has blamed the price hikes on factors such as load shedding and vandalism on its sites.
is hiking the price of its post-paid contracts and its fibre broadband services, beginning on 1 April.operator said the average adjustments amount to 4.6%, which it said is lower than the 5.3% increase in headline consumer inflation recorded in January.
However, post-paid tariffs and recurring and once-off bundles will be adjusted by an average of 8% from May — well above the consumer inflation rate and two percentage points above the upper band of the South African Reserve Bank’s inflation target — while fibre customers can expect a 5% average increase on “selected fibre plans”, Vodacom said.
“The decision comes at a time when Vodacom continues to invest heavily into maintaining network resilience to deliver an enhanced customer experience and in response to various challenges faced by the industry that have resulted in increased operational costs for operators, including base station vandalism and battery theft, load shedding, currency weakness, and high inflation,” the company said in a statement.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Most Powerful and Expensive Tablets in South AfricaTechCentral investigates the most powerful and expensive tablets available in South Africa in 2024.
Read more »
Bitcoin miners flood into Africa - TechCentralChinese bitcoin miners, having bounced from country to country in search of cheap power, have arrived in the Horn of Africa.
Read more »
Nigeria reaches Africa Cup of Nations final after penalty shootout win over South AfricaNigeria reached the Africa Cup of Nations final after goalkeeper Stanley Nwabali saved two penalties in the shootout to guide his side to a 4-2 victory over South Africa following a 1-1 draw on Wednesday.
Read more »
Hot demand for luxury property in South Africa – this is what you can get for R4 million-plusDespite the average purchase price declining in South Africa, luxury houses are seeing increased demand.
Read more »
One bitcoin now costs R1-million - TechCentralOne bitcoin now costs R1-million, nearly equalling the record high price (in rand terms) set in 2021.
Read more »
5 must-read blog posts for the aspiring programmerTechCentral has compiled a list of five blog posts we believe every aspiring programmer should read.
Read more »