Potraz to audit telecoms firms' financial statements

Potraz to audit telecoms firms' financial statements
Published: 26 January 2018
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) will audit financial statements of telecommunication firms that failed to pay licensing fees to ascertain veracity of such incapacity.

Indications from the regulator are that some telecommunication firms were not yet fully paid up on their renewal licence fees, citing the prevailing difficult economic environment. However, there are fears that some firms could be taking advantage of the prevailing economic challenges to dodge payment of license fees on time.

Potraz director general Dr Gift Machengete told journalists at a recent media forum that the regulator would allow the telecommunication firms to stagger their payments over a period of time through installments.
- The Herald
Tags: Potraz,


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