there are not two present tenses in Kiswahili as there are in English - the present and the present continuous, so both of these translations should be acceptable. e.g. In English one can say "he increases the price every Friday" or " he is increasing the price day by day"
Well, there are actually kind of three ...
... but they don't line up easily to English forms, so yeah, both should be accepted. We just have to report these things till they eventually get fixed. Hit the report button!
It's mostly only used in newspaper headlines now or describing what happens in the plot of something.