Zimbabwe: Business Reforms to Build Confidence in Property Sector

21 April 2016

REFORMS aimed at improving the doing business environment in the construction and property clusters will build confidence and enhance economic activities in the sub-sectors. This came out at the technical committee meeting on information dissemination for the construction permits and property registration clusters on Tuesday.The doing business reforms touch a number of issues under the clusters from reducing the number of days for the processing of construction permits and registration of properties.

"The moment we build confidence in the property sector, there will be increased investment into the sector. Government will reap benefits as a result of increased investment in the sector in the form of fees and stamp duties that will be levied on registered properties. It will also enhance economic activities in the country," said Elizabeth Nyagura, deputy chief registrar for the Department of Deeds, Companies and Intellectual Property.

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