Business ReporterGovernment will roll out a series of reforms in 2026 to improve the business environment and attract investment, according to the 2026 Budget Strategy Paper signed off by Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube.The policy is designed to reduce the costs of doing business and the “compliancy costs associated with the various business regulations.According to the strategy paper, the reforms will require all Ministries, Departments, and Agencies (MDAs) to conduct value chain analyses for their respective sectors.This is intended to “reduce regulatory requirements such as permits, charges and licences imposed on the business sector.”To improve efficiency for investors, the One Stop Investment Service Centre at the Zimbabwe Investment and Development Agency (ZIDA) will be enhanced through the “automation of registration systems for licencing of investments.”Furthermore, a national Investment Climate Dashboard is planned for launch in 2026. This digital tool will “facilitate monitoring the implementation of investment climate reforms and capture investor feedback in real time,” with the aim of enhancing transparency and accountability.The Government has also outlined a strategy to improve investment coordination at both the national and provincial levels.All MDAs are expected to establish investment committees, which will be co-chaired by the Treasury, to develop investment plans.To tap into the country’s potential for resource-based investments, the policy directs MDAs to “prioritise investment planning aimed at developing a pipeline of investment opportunities.”This includes budgeting for project development up to the pre-feasibility stage. Once this is done, the projects will be eligible to “access funding for detailed feasibility study from the Project Preparation and Development Fund (PPDF).”Share on FacebookPost on XFollow usSave
Originally published on Zimbabwe Herald
Source: Zimbabwe Herald
All Zim News
All Zim News is a central hub for all things Zimbabwean, curating news from across the country so no story is missed.
Alongside aggregation, our team of nationwide reporters provides real-time, on-the-ground coverage. Stay informed and connected — reach us at admin@allzimnews.com.
.
