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[QUOTE="Queen, post: 88319, member: 27"]
Business licence fees in Harare just got slashed by up to 50 percent, and the banking sector saw the most jaw-dropping cut of all.

Small businesses get major relief
[LIST]
[*]Small shops under 50 square metres drop from US$400 to US$200 annually.
[*]Hairdresser fees got halved from US$460 to US$230.
[*]Non-food traders pay US$58 instead of US$115.
[*]The goal is to pull informal traders into the formal economy.
[/LIST]
Banking fees took the biggest hit
[LIST]
[*]Bank licence fees plummeted from US$5,750 to just US$250.
[*]That is easily the most dramatic reduction across all sectors.
[*]Harare City Council wants a more business-friendly environment overall.
[*]Officials are calling the new tariff structure an economic catalyst.
[/LIST]
Eligibility comes with conditions attached
[LIST]
[*]Businesses must settle their property taxes in full first.
[*]A valid tax-clearance certificate is required under the Income Tax Act.
[*]The cuts align with Zimbabwe's National Development Strategy 2 goals.
[*]Tourism and aviation sectors have seen similar fee reductions nationally.
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[/QUOTE]

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