Zambia Development Agency (ZDA) has partnered with the Ministry of Finance (MOF) and Zambia Revenue Authority (ZRA) in initiating a validation exercise countrywide meant to follow-up on all businesses registered with the agency in a multi-faceted approach.
Agency Chairman Fisho Mwale said ZDA has intensified the monitoring of various enterprises registered under the Agency in the country to ensure compliance, optimization of revenue collection and protection of citizens in the country with its agenda of restructuring and repositioning itself.
“As per ZDA mandate of facilitating trade, investment and enterprise development, the Agency undertakes aftercare services for clients which plays a key role in bringing to the attention of the agency and the government some key issues affecting businesses,” he said in a statement.
Mr. Mwale said a combined team of experts from ZDA and Ministry of Finance have commenced monitoring of enterprises and will be engaging selected companies countrywide with the view to ascertain the levels of investments among others.
He added that the on-going exercise will also involve a team from the Zambia Revenue Authority (ZRA) in an effort to promote the One- Stop Shop model.
“Thus the Board envisages that this collaboration will be ongoing and will result in the creation of a ZRA desk at the ZDA to augment this collaboration,” he explained.
Mr. Mwale said the team-work with the ZRA follows the recently signed Service Level Agreement between the two institutions to enhance smooth collaboration in service delivery.