Macra says new tariff regulations to correct market failures

The Malawi Communications and Regulatory Authority (Macra) has said new regulations it has developed will enhance the legal and regulatory framework for the Information and Communication Technology (ICT) industry players.

Macra director general Godfrey Itaye said this on Wednesday in Blantyre during a stakeholder consultation workshop on draft regulations on telecommunication tariffs, interconnection and facilities.

Itaye: Tariffs should be cost-based

He said: “We have developed draft regulations on tariffs, interconnection and facilities sharing and it is a requirement by law that we consult stakeholders. Feedback from the consultative meeting will form the basis of continuous review and revision of policies and regulations to correct market failures.”

Itaye said under the tariffs regulations, Macra intends to ensure that they are cost-based, as well as, provide rules that operators need to follow when setting or revising charges for their telecommunication services.

TNM chief officer for consumer services Daniel Makata praised Macra for consulting the operators on the new regulations.

“These regulations affect our businesses, how we provide services to our customers and we need to have an agreement that is both representative of the consumers and operators,” he said.

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