Telekom Networks Malawi (TNM) has announced a 20 percent upward price adjustment for its products that include airtime and bundles, among others.

In a statement made available to Malawi Voice TNM said the adjustment has been necessitated by the recent 25% devaluation of Malawi Kwacha and the rising inflation rate.

According to TNM, the development is also aimed at maintaining its goal of providing high-quality and affordable products and services.

Tnm, one of the leading telecommunications service providers in Malawi, was established in 1995, it is the oldest telecommunications company in the country.

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