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MACRA Rolls Out Revenue Assurance System

MACRA Rolls Out Revenue Assurance System

The Malawi Communications Regulatory Authority (MACRA) is installing a system that will strengthen its ability to detect fraud In billion and tax remittance among players in the telecommunication industry.

Known as Revenue Assurance System (RAS), the system will become operational Friday May 31,2024, according to MACRA director general Daud Suleman.

He unveiled this during a press briefing in Lilongwe on Thursday.

A director general Daud Suleman says the system is a robust tool for detecting and preventing fraud in the billing processes, which will enhance the integrity of the country's telecommunications sector."

Suleman also indicated that they will be streamlining revenue collection processes, reducing errors and increasing efficiency.

"We are also expecting fair pricing and improved service quality: RAS will promote a fair and competitive market environment, leading to better services and pricing for consumes," Suleman added.

Governance commentator Victor Chipofya Jnr has hailed MACRA for the initiative but has called financial prudence in utilizing the revenue generated through the telecommunication companies.

According to MACRA the system is also expected to promote a fair and competitive market environment, leading to better services and pricing for consumers.

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Last modified on Friday, 31/05/2024

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