By Kapil Kapoor, Doris Mugwara, Isaac Chidavaenzi
Read or Download Empowering small enterprises in Zimbabwe, Parts 63-379 PDF
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Additional info for Empowering small enterprises in Zimbabwe, Parts 63-379
In addition to the sectoral ministries, considerable interaction is necessary with the public utilities, the Zimbabwe Investment Centre, the Department of Immigration, and the Department of Taxation before a venture can take off the ground. While many of the bureaucratic requirements are necessary, entrepreneurs note that the processes are extremely time consuming. Moreover, there is a general lack of knowledge among the smaller entrepreneurs about what the requirements are, and which Government agencies to approach.
Registration and Licensing. The process of registering a business and getting the necessary licenses can be a major deterrent for the small scale sector and is an important reason why informal units are often reluctant to becoming legal. The process of registering a company in terms of Chapter 190 of the Companies Act can be cumbersome. 2). It is not uncommon for the registration process to take upto a year, with the applicant having to visit numerous Government offices several times a year. In addition, staffing and capacity constraints within the Registrar's office further serve to delay the process.
During this period, the country saw a lot of growth in the public sector, as the Government embarked upon massive social programs aimed at redressing the wrongs of the country's segregationist history. Much needed investments were made in health, education, and rural infrastructure. However, while this created a large pool of healthy, easily trainable workers, the Government's negative attitude towards free-enterprise, and hence for entrepreneurial initiative, resulted in the stagnation of the private sector.