GOVERNMENT REGULATIONS AFFECTING EASE OF DOING BUSINESS IN ZIMBABWE: BUSINESS COMMUNITY

by | Apr 18, 2020 | Business, Local News | 0 comments

Tafadzwa Nyikadzino

Members of the business community in Zimbabwe have blamed government regulation as the main reason why the country’s ease of doing business is still regarded as low on the world standards as it does not provide a viable business environment for investors

Zimbabwe is has a low rank on the global ease of doing business index as it is ranked 155 out of 159 countries and the business community has blamed this on the slow reform of business laws to make them business and investor friendly.

The community echoes these sentiments at the launch of the 2020-2021 doing business reform programme which was held in Harare today to provide a platform of addressing challenges being encountered on a daily basis by investors  and business people so that the government can find the best way of assisting them to create a friendly and sustainable business environment.

Addressing delegates at the launch, Chief Executive Officer of the Confederation of Zimbabwean Industries said the manufacturing industry is declining because of the slow reform process of laws which make the country unattractive to foreign investors.

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