The Zambian Government is in the process of reviewing the Business Regulatory Review Act which provides a legal framework for business regulation in the country.
Ministry of Commerce Trade and Industry, Permanent Secretary Kayula Siame noted that the review of the act will enhance the quality of services offered by the government and contribute towards the creation of a favourable business environment.
Ms Siame said this when Zambia handed over of the baton of Presidency to Côte d’Ivoire
at the 9th International Conference of Ease of Doing Business Initiative for 2019 in Abidjan, Côte d’Ivoire.
She explained that the country is also ready to put in place a legal and institutional framework that will give struggling businesses, a greater chance of survival.
Ms Siame also disclosed that Zambia has implemented two major reforms under the Getting Credit Indicator, which are Credit information and availability of information on the Movable Property Collateral Registry.
This is according to a statement released by the Ministry of Commerce Trade and Industry Public Relations Officer Godfridah Chisala.