OSS registration facility set for Byo

last week.
Currently, all investment registration applications are processed in the country’s capital city where the OSS is located.
The OSS was launched last year to shorten the time taken to approve an investment project and eradicate bottlenecks inherent in the system.

Under the new system, all Government departments responsible for processing investment projects work under one roof at the Zimbabwe Investment Authority (ZIA) offices in Harare. But analysts say the centralised system makes it cumbersome for investors outside the capital city to register their projects.
Economic Planning and Investment Promotion Minister Tapiwa Mashakada said setting up the OSS in Bulawayo would cost about US$200 000. “What we now want to do is to focus on spreading the

One-Stop Shop to Bulawayo in December this year.
“This is meant to enhance the investment registration process,” he said, noting that Government intends to decentralise the registration system.
Opening the OSS in Bulawayo, Minister Mashakada said this would also help arrest the wave of company closures ravaging the city.
About 80 distressed companies in Bulawayo have either relocated or shut operations in the past two years with manufacturing being the hardest hit sector. – New Ziana.