Government through the Ministry of commerce, trade, and industry says the high cost of registering businesses in Zambia is a barrier to setting up businesses.
Officiating at the induction workshop on cooperate governance and competition consumer protection law for board members of CCPC in Chaminuka area Chongwe district, Minister of Commerce, Trade and Industry Chipoka Mulenga said the workshop will meaningfully develop the way businesses are conducted in the country and the region at large.
The Minister urged the inductees and the commission at large to be an enabler of businesses and Create innovative ways to reach out to businesses, consumers, and clients.
Mr. Mulenga also advised the commission to invest in research and investigation before pouncing on businesses.
“At the inception of the products let’s make sure our agents are observing what we are bringing in the country, we need to only to get good quality products in our country, that there should be value for our money,” he said.
And speaking at the same event Competition and Consumer Protection Commission (CCPC) executive director Chilufya Sampa said the workshop is aimed at reducing and eliminating audit queries as well as aligning the CCPC enforcement of competition and consumer protection law at national, regional, and at Continental level.
“We have noted that a lot of audit queries raised by the auditor general usually are as a result of lack of good cooperate governance, this in effect affects how an institution implements its mandate,” he said.