22 October 2017
   
Mugabe UN honour offensive; Irish min
Gukurahundi event: cops block Dabengwa
PRC: No contest, Mujuru our automatic boss
Mthwakazi: Zim men target our women
Biti: Govt worsening Zim high risk profile
Gweru heeds Mugabe order, clears vendors
Harare city spends 600k monthly on fuel
Four face 9 years jail over dead pangolin
MORE NEWS
EU to Zim: Speed up economic reforms
Zim currency crisis: When the market rules
MORE BUSINESS
Mr Ugly is back! 13 up for 2017 gong
EU Film Festival comes to Bulawayo
MORE SHOWBIZ
Huddersfield hand Man U first defeat
Premiership takes Chibuku break
MORE SPORTS
Zimbabwe is Africa’s shakedown state
Napping dictator no Mandela match
MORE OPINION
 
Sunday Roast: Brave, heroic diarrhoea!
Clerics! Please plead the cause of the poor
MORE COLUMNISTS
 
 
Election cash hunt targets Econet, Telecel
12/03/2013 00:00:00
by Staff Reporter
 
Budget constraints ... Tendai Biti
 
RELATED STORIES
Elections: Madhuku defends court ruling
Election timing: MDCs unite against Zanu PF
Elections by June 29: Chinamasa
No decision on Western observers: PM
Tsvangirai slams ‘demonic’ riot police
World is watching, UK warns Mugabe
Armed police block Tsvangirai meeting
Election monitors ban a shame: UK
Zim rejects EU, US election monitors
Mugabe vows peaceful election triumph
'Level' electoral field a myth: Mugabe

THE government has increased licence fees for mobile phone companies by 80 percent to US$180 million in a decision that may be linked to the country's scramble to raise funding for elections expected later this year.

“The Ministry of Transport, Communication and Infrastructure will, from 30 June 2013, issue new 15-year licences under the Converged Licensing Framework at a fee of US$180 million,” Finance Minister Tendai Biti told reporters in Harare early this week.

The decision will immediately hit Econet Wireless and Telecel Zimbabwe whose licences are said to be due for renewal in June while the state-run NetOne has another year before it must pay the increased fee.

According to the Herald newspaper, Biti said the licensing revenue “would be leveraged in support of some of the financial requirements of both referendum and election programmes”.

Zimbabweans are set to vote on a draft new constitution this Saturday while elections to choose a substantive government are expected later in the year.

While funding for the constitutional referendum has been raised locally, the government has appealed for international support with the general elections.

“As far as elections are concerned there is a real challenge. Things are excruciatingly tight,” Biti said last weekend. “The support of the international community is critical.”

Prime Minister Morgan Tsvangirai added Tuesday: “While acknowledging the tremendous efforts being made towards raising financial resources to fund the referendum and the elections, the (GPA) principals appreciate that domestic resources will not be enough and it is necessary to seek external support through the UNDP.

“After further discussions on the UNDP’s terms of reference, the Ministers of Finance and Justice have been mandated to communicate with the UNDP with a view to kick-starting the process.

“We therefore expect a Needs Assessment Mission to visit the country soon after the referendum because time is of the essence.”



Advertisement


 
Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark

 
 
 
comments powered by Disqus
 
RSS NewsTicker