Botswana has announced intentions to roll out online business registration before year end. Conductor Masena, the Companies and Intellectual Property Authority (CIPA) Registrar General told media in the capital Gaborone recently that online registration of businesses will go live this year.
“Our ultimate objective is to adopt modern management systems and practices that facilitate quick and effective decision making with the ideal of assuring service delivery and efficiency to the business community,” said Masena. The development is part of governments efforts to ease doing business
in the country. The island country in the southwestern Pacific Ocean, New Zealand is to assist CIPA to implement the companies and business names online system.
New Zealand currently tops charts on the World Bank’s Ease of Doing Business report that surveys over 190 countries across the globe annual. Though there’s no information on how much the software will cost, Masena said the system includes continuous monitoring and review of CIPA processes to improve accessibility of services, improvement of turnaround times for their services. In addition, he said the system provides an environment conducive for both foreign and domestic investment.
Botswana endevours to rank high on the ease of doing business, as part of efforts to attract the much needed foreign direct investment (FDI) in the country. Meanwhile Botswana’s young and newly elected minister of Investment, Trade and Industry, Bogolo Joy Kenewendo is already pushing the bill that will allow introduction of the online business registration systems. “I’m happy to share that the honourable members of supported our companies’ registration bill and it passed…,” said Kenewendo in a Twitter post this week.