Connect with us

Taarifa Rwanda

Rwanda Aims To Maintain Global Top Reformer Slot In World Bank DB Report

Business

Rwanda Aims To Maintain Global Top Reformer Slot In World Bank DB Report

Rwanda aims to maintain  its title by retaining the all time top global doing business reformer in the soon to be published Doing Business Report.

At the moment the country ranks second world wide in ease of the process of registering property.

A couple of strategic reforms have been undertaken, which the country believes will impact significantly it’s position as a competitive business destination.

For exsmple the burden of keeping paper land titles is over.

Under the new doing business reforms, government will begin issuing electronic land titles.

During a Media Breakfast on Friday morning, the Rwanda Development Board revealed several reforms that aim at maintaining Rwanda as a top performer in the ease of doing business.

Louise Kanyonga, the Head of Competitiveness at RDB presented the latest reforms that Rwanda is implementing in the key growth indicators by World Bank that converge towards global best practices.

The reforms also include; Merger of the Building Permit Management System (BPMIS) and LAIS to allow for simultaneous issue of occupational permits and freehold titles.

Under the new reforms, starting business in Rwanda will be much quicker and easier, she said.

A new software application that will be installed on any electronic device has been introduced, replacing the Electronic Billing Machine (EBM).

Richard Tushabe, the Director General of the Rwanda Revenue Authority said that the system eliminates the cost implications of buying the machine.

He has promised that the software will be free and easy for the end user.

Meanwhile, RDB says that in dealing with construction permits, buildings are now categorized according to the nature and magnitude of the anticipated risk.

This, therefore, determines which projects must undergo a full or partial Environmental Impact Assessment (EIA).

The new reforms also address the previous challenges of getting connected to national electricity grid.

It has been a lengthy and expensive process, says, Rwanda Electricity Group CEO, Ron Weiss.

Ron explained that Rwanda experiences regular water shortages in dry seasons and the quantity required to run hydro power plants declines.

“Well, now we have rain, good rain, too much rain, so we have more production,” Ron said.

However, getting electricity connection in Rwanda is now at the touch of a button, since the introduction of the online application for electricity connection, the number of days have reduced from 34 to 20.

For water access and connectivity, it now takes 15 days from the previous 30 days.

Geo-technical studies for buildings that fall in category of doing business reforms has been eliminated, as well as topographic surveys for various types of buildings.

The reforms have also introduced an online website where all property to be auctioned will be posted for the general public to access.

Kanyonga said this will reduce time taken in enforcing judgments.

More on the reforms, working hours at Gatuna and Rusumo borders have been extended from 12 to 24 hours. “This will reduce time and cost implications for investors,” she said.

Vincent Munyeshyaka, Minister of Trade, doubling as the Chairman of the Steering Committee of Doing Business, presided over the unveiling of the report.

He arged the public and private sector to double efforts in enhancing Rwanda’s competitiveness globally.

“Rwanda’s remarkable performance in doing business is due to strong leadership and consistent commitment in reforming the business environment and government will continue to implement numerous business reforms to improve the country’s competitiveness,” the Minister said.

Tariffa will publish a special report on the reforms this Sunday. Don’t miss it.

Continue Reading
Advertisement
1 Comment

1 Comment

  1. Vincent

    May 5, 2018 at 4:58 am

    Good quality article indeed!! Please keep it up

Comment

More in Business

To Top