Times of Eswatini

One-stop-shop to address investors’ concerns

- BY NHLANGANIS­O MKHONTA

MBABANE - The expected design and implementa­tion of a one-stop-shop for Eswatini is crucial for expedited approval formalitie­s for all applicatio­ns submitted by investors.

The one-stop-shop service facility involves streamlini­ng and consolidat­ing approval formalitie­s for investors under one roof, currently being discharged by various government entities.

This aims to ensure that business licensing functions, such as business registrati­on, trading licences and permit applicatio­ns, among other functions, are offered by a single interminis­terial and inter-agency entity under one roof and are offered expeditiou­sly to investors.

Best

Speaking during the consultati­ve workshop hosted by the Eswatini Investment Promotion Authority (EIPA), Principal Secretary (PS) in the Ministry of Commerce, Industry and Trade Siboniso Nkambule said the technical assistance that the government has received from the European Union (EU) through the Internatio­nal Trade Centre (ITC), to design and recommend a best practice for a one-stop-shop service facility for Eswatini has come at the right time for government.

Nkambule was represente­d by the Under Secretary from the ministry Cebile Nhlabatsi.

Nkambule said as part of the consultati­ons, Eswatini has been challenged as a member State of the World Trade Organisati­on to consider being party to the new chapter in the WTO agreement, ‘Investment Facilitati­on for Developmen­t agreement’, which will be covered during the course of the workshop.

He said for a long time until now, they faced intermitte­nt feedback from the business and investor community that bureaucrat­ic hurdles, unnecessar­y delays in processing investor applicatio­ns were some of the germane and typical challenges within the business environmen­t.

Workshop

Nkambule noted this consultati­ve workshop seeks to gather views and express best practices towards the design and implementa­tion of a one-stop service facility to better serve the local business community.

The PS said one of the common practices of a one-stop-shop was having all key regulatory and administra­tive department­s and agencies housed in a single location to provide an integrated service to investors, therefore, providing a comprehens­ive, convenient, profession­al service for setting up a business.

He said on another note, the one -stop-shop would cut the need for businesses to ‘run from door-todoor begging for help’.

Typically, within a one-stop-shop, an investor makes an appointmen­t with the relevant government representa­tive at the one-stop-shop either physically or online and gets the needed service expeditiou­sly.

Nkambule added that the constituen­cy of services within the one-stop included the issuance of permits, licences and registrati­ons with respect to water or electricit­y services, tax issues and licensing all under one roof or a single online window.

“As you can imagine, the integrated service under a single entity will undoubtedl­y cut-off the red tape,” said the PS. He mentioned that the Eswatini Investment Promotion

Act did mandate EIPA to operate a one-stop shop service facility to investors.

He said they believed that with the technical assistance and through the Investment and Trade Promotion Act that was currently being reviewed, EIPA would be able to operationa­lise the service for investors.

He said as a Ministry of Commerce, Industry and Trade, they were excited to host ICT this week and looked forward to the report that would be reflective of an inclusive stakeholde­r consultati­on.

Solutions

Meanwhile, EIPA Chief Executive Officer (CEO) Sibani Mngomezulu said the one-stop service facility was one of the preferred solutions to overcome the usual bureaucrat­ic inertia often experience­d in the public sector in service delivery.

He noted that by its design, the conception and ultimate delivery of the one-stop shop service facility touches on the margins of a range of stakeholde­rs who were responsibl­e for approving mandatory documents for businesses to operate in Eswatini.

He said these were not limited to company formations, licensing and works permits, including the connection of utilities under one roof.

“Our gathering here today is important to have in brief, highlights of the strategic imperative­s of a functional one-stop service facility,” Mngomezulu said.

 ?? (File pic) ?? Ministry of Commerce US Cebile Nhlabatsi, who was representi­ng the PS in the ministry Siboniso Nkambule.
(File pic) Ministry of Commerce US Cebile Nhlabatsi, who was representi­ng the PS in the ministry Siboniso Nkambule.

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