Online Reporter
Sikhulekelani Moyo
Zimpapers Business Hub
The Confederation of Zimbabwe Industries (CZI) is leading an initiative to develop regulatory impact assessment (RIA) capabilities in policy institutions to improve the ease of doing business, regulatory environment and business conditions.
Key stakeholders include the Ministries of Finance, Economic Development and Investment; Industry and Commerce; Competition and Tariff Commission; National Competitiveness Commission; National Economic Consultative Forum and the private sector.
CZI will also lead the development of the proposed RIA implementation framework.
This comes as the Government is enacting a series of legal instruments, starting late 2025 and into 2026, to solidify ongoing business regulatory reforms aimed at reducing the cost of doing business and improving the investment climate.
Zimbabwe is implementing comprehensive regulatory reforms across key sectors that include agriculture, transport, retail and wholesale, mining, tourism and the general business environment.
In a post on X, CZI said an enabling and competitive business regulatory environment was a shared goal.
The industrial lobby said the inception meeting held on Wednesday focused on building a shared understanding of RIA, unpacking the methodology for conducting the RIA and identifying a sector or sub-sector for the pilot programme based on agreed-upon parameters, with Genesis Analytics providing technical accompaniment.
Genetic Analytics economist Ms Emma Green said the programme would look at various regulations that can reduce red tape and make doing business easier.
She said the programmes would run for the next few months.
CZI said a clear understanding of the baseline was critical before conducting the RIA.
Accurate problem identification is essential for effective regulation and stakeholder cooperation and engagement should be done from the outset, CZI noted.
“This marks a significant step toward evidence-based policymaking and smarter regulation that supports growth and competitiveness,” said CZI.
Zimbabwe’s economy is expected to maintain strong growth.
Continued reforms, stable policies, and strategic investment in energy, agriculture, and manufacturing are driving this positive trajectory, with the Treasury saying prudent fiscal management and firm monetary policy have created a foundation for business-friendly reforms.
