Besides failing to woo investors to the country because of bickering in the coalition government, the authorities have failed to create a conducive environment for investors because of red tape.
The one-stop investment centre is a means to facilitate investment, streamline and simplify business set-up processes, such as company registration, immigration permits, taxation and customs clearance issues, access to office space, access to utilities such as water, electricity and telecommunication facilities and any other requirements of investors, so as to cut on the time and costs associated with doing business in Zimbabwe, said the Zimbabwe Investment Authority.
Several ministries, including local government, economic investment, indigenisation and economic empowerment, will be under the same roof.
Post published in: Manufacturing