Economy INDIGENIZATION AND ECONOMIC EMPOWERMENT

Simplification of doing business procedures and reduction of the attendant costs

In progress
Sep 2019

Zim among top 20 improvers: WB

www.herald.co.zw September 28, 2019

World Bank, which has since named the country as one of the “top 20 improvers” in Doing Business 2020 following key regulatory improvements in five areas:

Improvements: -Online name search -Reducing Harare Municipality business licensing fees. -Faster approval of construction permits. -Deeds registry implemented an internal tracking system allowing applicants to track their applications throughout the property transfer process -New re-organisation procedure, allowing creditors to vote on the re-organisation plan

Oct 2018

Procurement body standardises bidding

www.herald.co.zw October 23, 2018

The Procurement Regulatory Authority of Zimbabwe (PRAZ) has introduced standard bidding documents for use by all procuring entities as part of efforts to ensure transparency, uniformity and containing costs.