Sat, 17 Jun 2017 11:17:24 +0000 By SHEILA SAKUPWANYA Finance minister has called for reduced bureacracy in the tourism sector to improve perfornance. Finance minister Felix Mutati said this will help grow the sector’s contribution to the Gross Domestic Product (GDP) from the current two percent. And Tourism and Arts minister Charles Banda said Government considered tourism not only as a means of poverty reduction through job creation but also as a source of foreign earnings and economic diversification for national development. The two ministers said this at the official opening of the one-day tourism consultative meeting at Government Complex yesterday. Mr Mutati noted that there was need to address the transaction costs associated with bureaucracy in the sector and some elements of taxation that would enable the industry to thrive. “There is no dispute that the sector is a priority for the Government but the engine is still idling, the cylinders are not kicking,” […]
