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Quarterly kwacha rate review, Q1 2017

2 January 2017 00:00:00 +0000

Based on the current value of the Zambian kwacha in US dollars and recent trends, we are maintaining our retail kwacha prices until the next quarterly review.

Some sample rates:

  • webONE hosting plan (monthly): ZMW 157.50
  • mailONE hosting plan (monthly): ZMW 105.00
  • gTLD domain (annually): ZMW 199.50

Our kwacha rates are available on our website.

Quarterly kwacha rate review, Q4 2016

1 October 2016 00:03:14 +0000

Based on the current value of the Zambian kwacha in US dollars and recent trends, we are lowering our retail kwacha prices effective today and until the next quarterly review by about 9%.

Some sample rates:

  • webONE hosting plan (monthly): ZMW 157.50
  • mailONE hosting plan (monthly): ZMW 105.00
  • gTLD domain (annually): ZMW 199.50

Our new kwacha rates will be online within 24 hours.

Quarterly kwacha rate review, Q3 2016

1 July 2016 22:51:01 +0000

Based on the current value of the Zambian kwacha in US dollars and recent trends, we are lowering our retail kwacha prices effective today and until the next quarterly review by 4%.

Some sample rates:

  • webONE hosting plan (monthly): ZMW 172.50
  • mailONE hosting plan (monthly): ZMW 115.00
  • gTLD domain (annually): ZMW 218.50

Our new kwacha rates will be online within 24 hours.

Quarterly kwacha rate review, Q2 2016

1 April 2016 08:35:07 +0000

Based on the current value of the Zambian kwacha in US dollars and recent trends, we are lowering our retail kwacha prices effective today and until the next quarterly review by 11%.

Some sample rates:

  • webONE hosting plan (monthly): ZMW180.00
  • mailONE hosting plan (monthly): ZMW120.00
  • gTLD domain (annually): ZMW228.00

Our new kwacha rates will be online within 24 hours.

Domain news: Price increase on dot-uk domains, elimination of multi-year rates

19 January 2016 01:22:12 +0000

The dot-uk registry is raising the price of their domains and eliminating lower pricing when registering for two years at a time effective 1 March, and so we must too.

This means that the new annual price for dot-uk domains will increase from US$14.00 to US$17.00 per year on 1 March. Most of this increase is due to the elimination of the lower pricing on biennial renewals.

Due to low demand for multi-year registrations and renewals, we’re also taking this opportunity to eliminate our multi-year pricing that we have offered on most domains we sell. In order to make a meagre profit on a ten-year registration/renewal we have had to charge a high enough single-year price that when you whittle down the price to what we’d offer for ten years (the maximum allowed by most registries), we were possibly making mere pennies. Given that we have absorbed domain price increases in the past, we would have actually lost money on a ten-year registration at our posted prices on some top-level domains.

We’ll still sell multi-year registrations and renewals, but any discounts will be negotiated on a case-by-case basis.

If you have any questions, please let us know. Thanks for your business.

Rate pages updated

9 October 2015 09:29:08 +0000

In addition to posting the new kwacha rates we mentioned here last week, we have updated all of our rate pages to lower our managed VPS rates in all currencies, and provide a complete list of the huge number of top-level domains (TLDs) that we now offer. In addition to a comprehensive array of country code top-level domains (ccTLDs), we now offer 364 new TLDs, such as (for example) the following:

  • .amsterdam
  • .club
  • .design
  • .golf
  • .irish
  • .london
  • .news
  • .ngo/.ong
  • .ninja
  • .online
  • .rocks
  • .site
  • .space
  • .taxi
  • .tech
  • .website
  • .work
  • .xyz

Please check out the new rates pages:

If you have any feedback, please let us know!

A note to our Zambian clients on the value of the kwacha

3 October 2015 08:13:59 +0000

As you have no doubt noticed too, the recent slide in the value of the kwacha has not escaped our notice.

Although we bill and accept payment locally in kwachas, most of NinerNet’s expenses are paid in foreign currency to offshore suppliers where our servers are located. The reliability of these offshore systems is one of the reasons we’ve heard from our clients for choosing NinerNet over other local companies with data centres in Zambia. Before the current situation, our kwacha pricing had already fallen behind the kwacha’s trajectory against the US dollar, and we were considering options to address this that did not involve a pricing shock to you, our client, and simultaneously laid out plans for future price changes (even decreases) in a predictable manner.

When we first started operating in Zambia we, like many companies, invoiced in US dollars while accepting payment in kwachas. In 2012 the Government issued The Bank of Zambia (Currency) Regulations, 2012, outlawing the use of foreign currencies for domestic transactions. As NinerNet Communications is a Zambian-registered turnover tax company, we complied. For philosophical reasons (not the least of which was to keep our pricing predictable) we did not return to invoicing in US dollars when this law was later rescinded, and the kwacha rates we set in 2012 have not changed in the three years since.

Unless the kwacha loses further value in a short period of time, this is an issue that we will deal with gradually over the next few months by bringing our kwacha rates back into line with the kwacha’s value against the US dollar.

Effective with our October 2015 invoicing at the middle of the month, our rates will increase by K3.00 per US dollar — i.e., from the K5.50 per US dollar we set in 2012 to K8.50 per US dollar. In other words — to use our most popular hosting plan (webONE) as an example — if the monthly rate was K82.50, the rate effective with this month’s billing will be K127.50. Similarly, our price for generic top-level domains (e.g., dot-com) will increase from K104.50 per year to K161.50 per year. (We will leave the price of our alternative top-level domain for Zambia [dot-zam.co] at K66.00 per year.) You can use our US dollar rates page to see where things are going; our kwacha rates page will be updated in the next few days to reflect rates at the current exchange rate that will be charged for all NEW business.

Something important to note is that accounts that are already paid up to a certain expiry date will NOT be affected. In other words, if your expiry date is set at 1 June 2016 (for example), your hosting will still expire on that date and you will not be billed anything extra. This will also continue to apply into the future; your expiry date will remain your expiry date no matter what happens to the exchange rate in the meantime. Refunds for cancelled hosting will be refunded at the rate that was paid at the time the service was invoiced.

We would like to return to stable and predictable kwacha rates as soon as possible. Assuming that the exchange rate does indeed stabilise in the near term, we will look at revising our kwacha rates — up or down, as the case may be — every three months going forward to avoid sudden changes like the one we are being forced to implement today. Of course, if there are any wild swings like there have been since the beginning of September we will have no choice but to react more quickly.

We welcome any feedback you may have on our plans. Thank-you for your understanding, and thank-you for your business.

Price increase for dot-co.za domains

4 June 2013 11:52:29 +0000

The dot-co.za registry has announced a price increase of 50% for registration and renewal of dot-co.za domains, effective 1 March 2013. As a result, we too must increase our prices, and this will be effective immediately.

The new prices are live on our rates pages. Please check there for the new rates in your currency.

We appreciate your understanding.

Zambian kwacha rebasing

15 December 2012 15:42:05 +0000

As you will be aware, if you’re a Zambian client, the kwacha will be rebased on 1 January 2013, making 1000 old kwachas equal to 1 new kwacha. In keeping with Bank of Zambia guidelines and requirements, this will affect our invoicing as follows:

  • Invoices we issue between 15 and 31 December 2012, inclusive, will be issued in old kwachas, but will also include a value in new (rebased) kwachas. If you pay the invoice on or before 31 December, you will need to pay the old kwacha amount. If you pay the invoice on or after 1 January, you will need to pay the new kwacha amount.
  • Invoices we issue between 1 January and 30 June will be in new kwachas, but will include the value in old kwachas for comparison.
  • Where we have used the “K” symbol we will use the “KR” symbol (“kwacha rebased”) between 1 January and 30 June, inclusive. After that we will once again revert to using just the “K”.
  • Where we have used the currency code ZMK, we will use ZMW on and after 1 January.
  • Any account balances carried over into 2013 will be converted to new kwachas (ZMW) by dividing by 1000, and rounding as per BOZ guidelines. Similarly, previous account balances, although billed and paid for in old kwachas, will be converted to new kwachas for the purpose of calculating your running account balance in new kwachas.
  • Invoices will be rounded off to the nearest 5 ngwee to facilitate cash payments by those clients who prefer to pay in cash. CORRECTION, 2013-01-30: Invoices will not be rounded. If you are paying in cash in person, your balance owing will be rounded to the nearest 5 ngwee at the time of payment. If you deposit cash to our bank account, please round to the nearest 5 ngwee. Whether the rounding is up or down, we will record the actual payment and carry forward a balance of the difference (1 or 2 ngwee) between your payment and the actual invoice amount. If the rounding is down, this will not adversely affect the state of your account with us.
  • The cover emails to which invoices are attached (and all reminders, expiry notices, etc.) will reflect amounts only in old kwachas in 2012, and only in new kwachas in 2013. These emails are only an unofficial summary of the official invoice, which is the PDF document attached to the invoice email.
  • We will, in due course, publish new rates on our website. There will be no increase in our rates at this time — i.e., all rates in new kwachas will be the same as the old rates, divided by 1000.

If you have any questions about this, please let us know. Thank-you.

Kwacha rates published

27 October 2012 05:55:19 +0000

We have published our kwacha rates on our website four our Zambian clients. If you have any questions, please let us know!

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This is the corporate blog of NinerNet Communications. It's where we post announcements, inform and educate our clients, and discuss issues related to the Internet (web and email) hosting business and all that that entails. This includes such concomitant industries and activities such a domain registration, SSL certificates, online back-up, virtual private servers (VPS), cloud hosting, etc. Please visit our main website for more information about us.

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