• Addressing The Zimbabwean Business Environment

    The recent amendments to the Indigenisation and Empowerment Act and the slight adjustments on petroleum levies are massive steps to entice investors, as Zimbabwe opens up for new business. Other positives on the ease of doing business include the reduced waiting periods for permits, licenses, tax clearances and company registration time frames. By VICTOR BHOROMA Addressing the ease of doing business is part of transforming a composite local business climate, which may need more time and government commitment to fully develop. There is no doubt that the country has what it takes to compete with the best on the African continent or at least our Sadc peers in terms of foreign direct investment inflows. The World Bank Report (2017) on the ease of doing business ranks Zimbabwe 159 out 190 countries. The country averaged 163 from 2008 to 2017, reaching an all-time low of 171 in 2011 and a record

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