THE Zimbabwe Taxpayers Platform (ZITAP) has extended its commendations to government for spearheading widespread reforms designed to ease the burden of doing business in the country.
The reforms, which are aimed at reducing operational costs, enhancing competitiveness and fostering economic prosperity, are a significant step towards creating a conducive business environment.
By streamlining bureaucratic processes and eliminating unnecessary costs, the government has demonstrated its commitment to supporting businesses and promoting economic growth.
The commendation came soon after the government reviewed business regulations for the livestock and dairy farming and as well as the stockfeed subsectors, cutting compliance costs.
In addition, the government also slashed parking fees, clamping and towing fees, as well as the car registration plate charge from US$500 to US$50.
These reforms are part of a broader strategy to revitalise the economy, attract investment and create jobs.
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By making it easier for businesses to operate, the government hopes to stimulate economic activity, increase revenue and improve the overall standard of living for Zimbabweans.
The taxpayers organisation said it was committed to seeing the government promoting economic growth and development in Zimbabwe.
ZITAP director Vivid Gwede commended the government for taking bold steps to improve ease of doing business.
“We commend the government of Zimbabwe for widespread reforms to reduce the cost of doing business and increase competitiveness and enhance prosperity in Zimbabwe,” he said.
“As Zimbabwe’s leading taxpayers’ voice, we celebrate the measures set to improve the ease of doing business and lower local government parking fees. This is a significant step towards creating a more business-friendly environment and promoting economic growth.”
The reforms are designed to address some of the key challenges faced by businesses in Zimbabwe, including high operational costs and bureaucratic processes.
By streamlining processes and reducing costs, the government hopes to create a favourable business environment that attracts investment, boosts economic growth and creates jobs.
Said Gwede: “Zimbabwe is currently a high tax jurisdiction and we take this development as positive because that is what many stakeholders have been calling for.
“We have also called for taxes such as the intermediated money transfer tax to be scrapped as they affect ordinary people and business.
“Revenue from taxes like the sugar tax meant for services such as health also need to be utilised efficiently and transparently. So we hope the tax reforms will continue.”
ZITAP said through “#MyTax, #MyVoice Campaign”, it would continue to lobby the government for more extensive taxation reforms to ensure Zimbabwe quickly moves towards inclusive economic growth.