Zimbabwe: Govt Improves Investment Climate

27 April 2016

GOVERNMENT is aiming to have reduced the period it takes to register a company to 15 days from the current 30 days as part of efforts to improve the doing business environment under the second 100 day Rapid Results Framework, which is being spearheaded by the Office of the President and Cabinet in partnership with the World Bank. Under the framework, Government set targets which include; reducing the starting a business period from the current 30 days to 15 days by May 13, 2016 and to have a final draft of the Companies Bill by May 13, 2016 under the Starting a Business and Protecting Minority Investors cluster.

The results will be reviewed at a workshop set to be held next month in Harare. The purpose of the review, which tallies with the speech made by President Mugabe is to update stakeholders on the developments and progress made so far in improving the business environment for both domestic and foreign investment in Zimbabwe.

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