Harare Council Reduces Business Fees

The Harare City Council approved substantial reductions in business license fees, cutting costs by up to 50% as part of its 2025 budget. This move reduces the financial burden on businesses, particularly Small and Medium Enterprises (SMEs). Retailers urge these cost savings must translate into lower shelf prices for consumers. The initiative follows President Mnangagwa’s order for a swift review of business licenses. This policy shift promotes economic activity within the capital. The fee reductions are part of the Harare City Council’s 2025 budget. The move targets a cost reduction of up to 50% for businesses. This supports SMEs and potentially sets a precedent for other local authorities.