Understanding Ease of Doing Business

What is the current ranking of Zimbabwe on the World Bank doing business report index and why is the country poorly ranked, what needs to be done to improve the ranking?

 Answer

 Zimbabwe is currently ranked at 155 out of 189 countries in the World Bank Ease of Doing Business Index of 2015. The World Bank DOING BUSINESS investigates the quantitative indicators on regulations that enhance business activity and those that constrain it. Ease of Doing Business measures aspects of regulation affecting 11 areas of the life of a business.

Starting a Business and Protecting Minority Rights

EASE OF DOING BUSINESS IN ZIMBABWE

 

The Government of Zimbabwe is committed to reforming the country’s investment climate. A streamlined, more transparent and predictable business environment will help to make the economy more competitive, and help attract and maintain local and foreign investment. Increased investment leads to job creation and improved revenue, which contribute to growth.

 

Construction Permits and Registering Property

DEALING WITH CONSTRUCTION PERMITS AND REGISTERING PROPERTY THEMATIC WORKING GROUP

 

A)     Dealing with Construction Permits

 

Goal:

 

Reduce the number of days required to obtain construction permits from 448 days to 120 days by 13 May 2016

 

Milestones:

Resolving Insolvency

RESOLVING INSOLVENCY AND ENFORCING CONTRACTS

The Technical Working Group on Resolving Insolvency and Enforcing Contracts aims to reduce the time and costs of enforcing contracts and to reduce the time of resolving insolvency issues from 45 months to less than 12 months.

By May 30, the government aims to:

Public Procurement Reform

Public Procurement Reform

Government has taken a deliberate move to reform the State Procurement Board (SPB) as part of the Ease of Doing Business reforms. The reform was necessitated by the need to address the inadequacies of the current Procurement Act (Chapter 22:14) of 1999, to effectively regulate public procurement given the dynamic socio-economic environment.

Results Based Management

Strengthening the Implementation of the Integrated Results Based Management   system in Zimbabwe