ZiMetro News

Govt Collapses 11 Licences Into One As Retail Sector Reforms Slash Business Costs

Value-Added Tax Deferral Minimum Threshold Raised To $1 Million

Government has moved to further untangle Zimbabwe’s licensing maze — scrapping eleven permits and fusing overlapping council authorisations into one universal licence — in yet another attempt to cut red-tape and speed up business set-ups.

Finance, Economic Development & Investment Promotion Minister Professor Mthuli Ncube said these reforms are directly targeted at small-to-medium players and composite enterprises that operate several lines of trade under the same roof — such as bakeries, butcheries, fast food outlets and food manufacturing facilities — which were previously forced to pay multiple fees for what was basically one business operation.

In some cases, he noted, operators were being billed over US$2 300 just for a single food factory licence.

Ncube noted that the retail and wholesale space is the country’s fastest-expanding sector — and Government is now moving from the Livestock, Tourism and Transport reforms into this cluster.

He said the new model collapses fragmented permits into one shop licence — and reduces the number of authorities involved to one — removing duplication and slimming down approval windows.

Under the new structure, councils must apply a sliding-scale charge that may not exceed US$500, giving small start-ups and SMEs room to grow, formalise and scale.

Key changes include:

Other announced reforms stretch into the broader economy:

Prof Ncube stressed that this package is not cosmetic — it is intended to ignite enterprise growth, reduce overheads, absorb more employment, and raise productivity.

“These interventions are meant to create an environment where business can thrive — where jobs are created and where the economy can hit higher growth,” he said.

He reaffirmed that the administration remains firm on its target — a competitive, investment-friendly Zimbabwe — and ultimately achieving Upper Middle-Income status by 2030.

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