Doing Business Reform Roadmap to Improve Rankings (allAfrica.com)

| September 14, 2015

The successful implementation of the Doing Business Reform Roadmap would place Botswana among the best performers in terms of doing business rankings in the world, says trade and industry minister, Mr Vincent Seretse.

Speaking at the Doing Business Reforms Roadmap for Botswana launch on Friday September 11, Mr Seretse said the country had constantly performed below par over the years as shown by different indicators of doing business, which included, among others, trading across borders and dealing with constriction permits.

He said in May, the government shared with the World Bank the revised data on various reform areas to ensure that the next Doing Business Report reflected an accurate picture of the business regulation.

“I am delighted to inform you that some of the data was accepted, and I am optimistic that they would positively influence our rankings in the upcoming report,” he said.

He noted that the government would constantly engage with the World Bank to ensure correct details were captured in subsequent reports. He also noted that the government established the National Doing Business Committee and the Cabinet Sub-Committee in 2011 to ensure that reforms were developed and implemented.

Mr Seretse also noted that a number of business reforms had since been adopted, among them, the amendment of the Companies Act which allowed applicants to register companies without assistance of company secretaries, installation of container scanners at the Tlokweng Border Gate and Gabcon terminal to ease congestion and reduce delays, e-filing and e-payment for tax administration.

He noted that in an effort to consolidate the reform, the government approved the Doing Business Roadmap.

Minister Seretse said some of the reforms contained in the roadmap included reducing the number of documents required and the period taken to apply for export and import.

He also said the reforms would limit the number of licenses to those areas related to public health and safety. Doing Business Reforms Roadmap, he said, was a benchmark of what comparator countries were doing to improve their investment climate.

Furthermore, the minister said the reform process was intended to reduce government bureaucracy, eliminate unfriendly business laws and regulations, improve service delivery, reduce paper work as well as leverage on ICT applications.

He added that it was also anticipated to reduce the cost and time of doing business thereby improving the competitive edge.

The success of the process, he said, would be dependent upon cooperation and commitment of stakeholders, including the business community. The minister recognised the negative impact brought about by the shortage of power and water on business operation. He said the government was doing everything possible to address the situation.

BOPA

Category: Governance

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