Agreement to foster conducive business, investment climate in Zambia signed

A five-year Memorandum of Understanding (MoU) aimed at fostering a conducive business and investment climate has been signed.

This agreement was signed between the Business Regulatory Review Agency (BRRA) and the Public Private Dialogue Forum (PPDF).

BRRA Public Relations Officer, Masiye Mulenga, said the parties had agreed to create a common platform to facilitate interaction in order to exchange ideas and information on various matters concerning the business and investment climate.

Mulenga said this in a statement issued on Thursday.

“This will in turn help to promote reforms that facilitate an efficient, cost-effective and accessible business licensing system in Zambia and allow the two parties where appropriate, to jointly undertake monitoring and evaluation activities for purposes of obtaining an informed position on business and investment or economic related issues,” she said.

Mulenga stated that the MoU was a framework for enhanced collaboration between the two parties.

The MoU, she said, would further facilitate sharing information of mutual interest on business regulatory environment challenges and interventions affecting businesses at district and national levels in identified sectors.

“The two have committed to conduct joint training and development, and capacity building related to business reform agenda as well as better regulatory delivery,” Mulenga concluded.

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