By Scoop Reporter
WE have intensified the monitoring of various enterprises registered with us to ensure compliance, optimization of revenue collection, and protection of citizens in the country, the Zambia Development Agency (ZDA) has said.
ZDA board chairperson Fisho Mwale says the Agency has partnered with the Ministry of Finance (MOF) and Zambia Revenue Authority (ZRA) in initiating a validation exercise countrywide meant to follow-up on all businesses registered with the agency.
Mr. Mwale says this is a multi-faceted approach to ensure compliance essentially for those enterprises receiving incentives from Government.
He says as per ZDA mandate of facilitating trade, investment and enterprise development, the Agency undertakes aftercare services for clients which plays a key role in bringing to the attention of the agency and the Government some key issues affecting businesses.
He says aftercare services include facilitation of various permits, licenses and land issues among others.
“A combined team of experts from ZDA and Ministry of Finance have commenced monitoring of enterprises and will be engaging selected companies in all the 10 provinces of Zambia with the view to ascertain the levels of investments, challenges affecting the investors in order to establish a support mechanism required to further push the industrialization and job creation agenda.
“This on-going exercise will also involve a team from the Zambia Revenue Authority in an effort to promote the One- Stop Shop model. The team work with the Zambia Revenue authority follows the recently signed Service Level Agreement between the two institutions to enhance smooth collaboration in service delivery,” Mr. Mwale said.
He says his board envisages that this collaboration will be ongoing and will result in the creation of a ZRA desk at the ZDA to augment this collaboration.
“The board further wishes to commend the heads of the two institutions in objectively forging a strategic working relationship which will see the two institutions deliver on their mandates effectively,” he said.