Minimise regulatory costs in budget, NDCCI asks Govt
Published On September 28, 2022 » 721 Views» By Times Reporter » Business, Stories
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By CHATULA KANGALI-
THE Ndola District Chamber of Commerce and Industry (NDCCI) expect the 2023 National Budget to minimise regulatory costs, statutory fees and excessive penalties for Medium and Small Scale Enterprises (MSMEs).
NDCCI president Paul Chisunka says regulatory cost, fees and penalties are causing MSMEs and informal businesses to avoid formalisation because the cost of compliance is unbearable and unsustainable.

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