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New digital platform eases processes, powers investment in Zimbabwe

The
portal
provides
with
investors
with
clear,
step-by-step
guidance
on
how
to
start
and
formalize
a
business
in
Zimbabwe,
covering
everything
from
licenses
and
permits
to
tax
registration
and
social
security.

It
was
carried
out
with
UN
Trade
and
Development
(UNCTAD)
and
the
United
Nations
Institute
for
Training
and
Research
(UNITAR),
through
the
joint digital
government
programme
,
as
well
as
support
from
the
European
Union.

For
the
landlocked
African
country,
the
portal
is
a
foundational
step
to
making
itself
a
more
competitive
and
investor-friendly
destination.

Developed
by
the Zimbabwe
Investment
and
Development
Agency
(ZIDA) in
collaboration
with
21
government
departments,
the
portal
integrates
62
procedures
into
a
single,
user-friendly
interface.

It
eliminates
the
need
for
multiple
visits
to
government
offices
and
offers
a
reliable
information
source
on
required
documents
and
processes.

This
marks
the
first
time
Zimbabwe
has
mapped
the
entire
formalities
for
investors,
allowing
the
government
to
identify
and
remove
redundant
steps.
The
result?
A
more
transparent
and
efficient
system
that
benefits
both
investors
and
public
officials.

The
portal’s
launch
is
part
of
Zimbabwe’s
broader
digital
transformation
agenda.
The
next
phase
will
focus
on
creating
a transactional
single-window
system for
investment
and
business
procedures,
further
enhancing
ease
of
doing
business.

“The
portal
is
designed
to
improve
the
transparency,
accessibility
and
efficiency
of
investment-related
administrative
procedures
in
Zimbabwe,”
says
ZIDA
CEO
Mr. Tafadzwa
Chinamo
stated,

“It
represents
a
significant
step
towards
enhancing
the
ease
of
doing
business
and
positioning
our
country
as
a
competitive
investment
destination.”

More
coming
up
at
UNCTAD16

More
efforts
in
this
area
will
be
discussed
during
a
session
titled “Investment
facilitation:
Progress,
prospects
and
policy
options
” at
the
16th
session
of
the
United
Nations
Conference
on
Trade
and
Development
(UNCTAD16)
set
for
20
to
23
October
in
Geneva.

The
session
will
examine
how
countries
are
adopting
measures
to
enhance
transparency,
streamline
investment
procedures
and
leverage
digital
tools

such
as
single
windows

to
lower
transaction
costs
and
build
more
predictable,
efficient
and
accountable
investment
environments.

Source:


New
digital
platform
eases
processes,
powers
investment
in
Zimbabwe
|

UN
Trade
and
Development
(UNCTAD)