Business

Mthuli Ncube in shock over high license fees as wify registers restaurant

Business Reporter

FINANCE Minister,Prof ย Mthuli Ncube Thursday laid bare his shock after revealing that his wife received a long list of license fees due for payment for a newly registered restaurant.

The countryโ€™s business community has cried foul over numerous and repetitive licence fees which must be paid by companies to smoothly run their businesses.

For instance, a single supermarket has to pay Bakery, Butchery, Restaurant and Liqour license fees to run different departments of this nature even when they are operating under one roof.

Speaking during a plenary discussion at the Womenโ€™s Prosperity Conference, Prof Ncube   also laid bare his fruistrations.

โ€œOn the issue of licenses, I totally agree with what women in business are saying. Just recently my wife showed me a very long list of licenses that have to be paid by her before she opens a restaurant in Bulawayo. I mean you canโ€™t believe it itโ€™s just too much for a restaurant,โ€ he said.

The Treasury boss promised to tackle the licensing challenges as part of work to perpetuate the Ease of Doing Business legacy left behind by the World Bank.

โ€œSo we are putting in place a team to look into that cost of doing business. We want to deal with this .We is aware of that. This is an issue. My family is in business and I have experienced this .There are no exceptions just because you are a Finance Minister it doesnโ€™t mean that your wife or cousin can get a simple through pass .It doesnโ€™t work like that,โ€ he added.

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