New Trade and Industrial Development Acts come into effect
Following the review of both the Trade Act of 2003 and the Industrial Development Act of 2006, this week government began the implementation of the new versions of both Acts.
The review of the two Acts, passed by parliament last August, aims to reduce the time it takes to start a business.
According to the Minister of Investment, Trade and Industry (MITI), Peggy Serame, ultimately the aim is to improve the ease of doing business in the country.
The review of the two Acts also seeks to shorten the licencing procedures and i...
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