Dear Editor,I GOT this from somewhere and realised I wasn’t the only one who has been struggling with these issues.In Zambia, starting a professional business venture comes with very huge challenges mostly created by bureaucrats. Imagine setting a lab in Mufulira came with the following bills on licensing alone.1. Business permit – K2, 0002. Health permit – K1, 5003. Fire certificate – K1, 0004. Personal levy – K15/employee5. HPCZ licensing – K11, 6006. Pacra – K1, 0007. Workers Compensation – K400Total- K17, 630A hefty K17, 630 for licensing only! In other words, that’s just for paperwork, now you have to pay rentals and buy your working apparatus and employ people to work there and you have to pay tax from day one of your business when foreigners get a tax free window.This is an extremely harsh environment for emerging businesses. Imagine a situation where almost 50 percent of your startup expense is on licensing alone.Something […]
SORT OUT COST OF DOING BUSINESS
