By JUDITH NAMUTOWE –

THE Zambia Development Agency (ZDA) says it is in the process of reviewing its Act to make Zambia a more attractive investment destination.
ZDA director general Patrick Chisanga said the ZDA Act was being reviewed in consultation with all stakeholders particularly the private sector.
Mr Chisanga explained in a statement that stakeholders were involved from the beginning of the review process and the Agency was currently receiving feedback.
He said the main focus of reviewing the ZDA Act was to make Zambia more attractive for investment and empower more Zambians.
“We want to create an environment in which Zambians will be empowered to maximize their potential to do business in their own country and this will be a major investment in the future of the Zambian economy, ” Mr Chisanga said.
He added that the ZDA was facilitating the One Stop Shop (OSS) Business Registration Facility in order to reduce the cost of doing business.
Mr Chisanga said the One Stop Shop concept has drastically reduced the period of business registration from seven days to 24 hours.
He said the OSS facility consists of Patents and Company Registration Agency (PACRA) for company registration, Zambia Revenue Authority (ZRA)for Tax Payers
Identification Number, National Pension Scheme Authority (NAPSA) registration and loan facilitation through the Citizens Economic Empowerment Commission.
“Our plan is to have one of these facilities in all the ten provinces of the country. Currently, only two are operational, one in Lusaka and another in Livingstone,” he said.
The Director General added that at the least, the Agency will be rolling out one OSS facility in each province per year.