Government through its investment promotion arm Rwanda Development Board [RDB] has stepped up efforts aimed to enhance the country’s business climate by improving business laws and cutting red tape.
“We are looking at electronic transactions like payments of taxes on line, registering on line---we are also looking at the E-payments law,” Frank Twagira, in charge of Doing Business at RDB told The New Times.
This follows Rwanda’s leap to 67th from 143rd position in the recent World Bank’s ‘Doing Business report.’
“We are also looking at having regional solutions because our goods go through Kenya, Tanzania and Uganda,” said Twagira.
Despite service and transactions, Twagira said that government is taking a holistic approach in providing business solutions that are aimed at improving the private sector.
The private sector federation chief, Emmanuel Hategeka told The New Times in a separate interview that the reforms are part of parallel initiatives to improve business operations.
But he contended that better laws and improved service delivery alone cannot make Rwanda the best investment destination.
Hategeka said other steps like cutting down on the cost of doing business are much needed elements.
Last Monday, government tabled two bills in parliament; one seeking to ease issuance of work permits and another setting up an arbitration centre in the country.