MTN vendors quit after dealers hike prices

MUHANGA – Vendors of MTN airtime cards have protested increased prices from dealers who sell them cards with some of them pulling out of the business. Vendors said they are not making any substantial profit out of selling the cards. For a batch of 50 cards of Rwf 500, the profits have dropped from Rwf 1,380 to 850 as a result of the increase.

MUHANGA – Vendors of MTN airtime cards have protested increased prices from dealers who sell them cards with some of them pulling out of the business.

Vendors said they are not making any substantial profit out of selling the cards. For a batch of 50 cards of Rwf 500, the profits have dropped from Rwf 1,380 to 850 as a result of the increase.

“We have decided not to purchase the cards until the retail prices are cut down,” one vendor said.

This has led to a shortage of the MTN prepaid voucher cards in the region. The situation has left the MTN clients frustrated with some having to walk long distances to get airtime.

MTN has continued to warn vendors who increase the prices of prepaid vouchers saying it is illegal.

Ends

 

Have Your SayLeave a comment