COST OF DOING BUSINESS IN SWAZILAND’S CAPITAL CITY OF MBABANE SHOOTS UP

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Mbabane

The Municipal Council of Mbabane, Swaziland’s capital city, is releasing Service Charges Bye Laws to increase cost of doing business while other countries are striving to keep the costs of doing business as low as possible so to attract investors, en.starafrica.com / APA reports on Monday.

Service charge increments that will affect almost all businesses operating from the city are trading license inspection fees, building application fees and advertising fees as some of the service charges have been increased by a whopping 100 per cent.

Businesspeople under the informal sector will now pay $11.5 for the council to do inspection, in order to be awarded a trading license. This reflects an increase by 28.20 per cent from the current $9.

The businesspeople who will be hit by this cost hike are food vendors, street photographers, barbers, street vendors with stalls, hawkers, shoe repairs, clobbers, Small and Medium Enterprises (SMEs) and motor vehicle attendants.

See the article at www.en.starafrica.com/news/swaziland-cost-of-doing-business-in-capital-city-shoots-up.html

Source: www.en.starafrica.com

#By #Ferie #Hovedstad #Mbabane #Næringsliv #Reise #Swaziland #Turisme

#Business #Capital #City #Holiday #Tourism #Travel

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