Significant progress has been made in amending the regulation on the ease of doing business, following recommendations submitted by business leaders at a review meeting held in March this year.
With just 10 days to go before the expiry of the second phase of the 100 days on the ease of doing business, captains of industry are satisfied with the response by some regulating authorities to improve the ease of doing business in the country.
Chairperson of the thematic working group on export regulation, Mr Benison Ntini outlined progress made to date on some regulations that were affecting the operational viability of export sector.
Despite the success recorded so far, there still remains other critical areas that require urgent address to ensure that the country effectively competes with other regional markets as alluded to by Mr Ntini.
Recently, the country’s trade promotion body, ZimTrade highlighted that the government should expedite the process of amending at least 22 statutory instruments to ensure the success of its set targets under the Rapid Results Initiative.
Overall milestones recorded on the ease of doing business are now beyond the 85 percent mark, with work still remaining on satisfying the remaining percentage as the second phase of the 100 days on the ease of doing business lapses.