Study to ease doing business launched

A study to assess costs businesses incur because of red tape system in the country has been launched. The study, to be conducted by South Africans will identify regulatory and administrative barriers to business development. It is funded by the Private Sector Federation (PSF) in collaboration with gtz. Stakeholders including government institutions, companies and experts have already been consulted, and given their views on how to ease trade in Rwanda and make the country a leading investment destination. Bureaucratic delays, cumbersome procedures, regulations, laws and other government tendencies cause delays……..John Bosco Kanyangoma, director of trade and policy advocacy, PSF said the time frame for the study is not yet defined since consultants hired from South Africa have given them a period that they have not agreed on. “We will finish the study this year, but we are not comfortable with the time frame consultancy proposed to us. They want to give us the final results in August while we need in June,” he explained. J. Calles, Director General SORWATHE S.A.R.L said that some of the conditions in which business supportive institutions like Social Security Fund of Rwanda (CSR) are not favourable for expatriates. He said getting benefits from CSR is costly and time consuming since they are asked to have them after leaving the country. Calles also said that the high costs of electricity make it had for some investors to invest in the country especially if compare with other neighbouring coutries. Ends