The ease of doing business exercise being spearheaded by the Office of the President and Cabinet has moved a gear up with some pieces of legislation to guide the exercise already in place and set to be operational by September this year, a top government official has said.
The national investment policy framework which seeks to provide an inclusive roadmap with inclusive guidelines to be followed by investors who want to set business in the country is set to be operational by September, while amendments to the Zimbabwe Investment Act are at an advanced stage as government scales up efforts of easing the way of doing business.
Addressing journalists on the sidelines of an investment conference held in Bulawayo today, Brigadier General Thando Madzvamuse who is the principal director in the Ministry of Economic Planning and Investment Promotion said its time for stakeholders to walk the talk as time for talk-shows is over.
“A virtual one stop shop that seeks to cut distance and time by having a central saver that connects to all departments that licence investors which outlines the details of any investor is also expected to be operational by September,” said the Zimbabwe Investment Authority chief executive officer, Mr Richard Mubaiwa.
The government’s policy on the ease of doing business is meant to plug out all bottlenecks that are affecting the attraction of all forms of investment in the country that have seen the Harare administration being ranked number 161 out of 190 countries on the 2016 World Bank business investment index.