Uganda follows Zambia model.

Position:Business - Brief article
 
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In order for more FDI to be attracted to the country, Uganda plans to follow Zambia's example of ensuring its business ratings are competitive. Zambia is seen as a frontrunner within the Comesa trade bloc for its low compliance costs, fewer trade licences, its integration of regulatory processes, mitigation of revenue losses from non-tax sources and faster turnaround times for acquisition of business permits - an achievement that has also rid the regulatory system of much of the scourge of corruption.

As a result of extensive business reforms, the number of days taken to register a new business in Zambia has fallen to less than a week while the net administrative burden suffered by local businesses has dropped substantially. Zambia's global business rating score has risen to 76, up from 84, according to the World Bank's Doing Business indicators for...

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