President Jacob Zuma will on Friday, 17 March 2017, officially launch the Invest South Africa One Stop Shop (Invest SA OSS) at the offices of the Department of Trade and Industry in Pretoria, which has been established to improve the ease of doing business in South Africa.
The President formally announced InvestSA in the State of the Nation Address and also informed business leaders on February 2016. Business people had informed government on many occasions of the difficulties and delays they incur when having to move from one department or institution to another to obtain licences and other services.
The groundbreaking and enabling programme will enable investors to use one centre to obtain services and to shorten and simplify administrative procedures and guidelines for the issuance of business approvals, permits and licenses. This should help remove bottlenecks faced by investors in establishing and running businesses in the country.
The Invest SA OSS will further serve to co-ordinate Provincial OSS investment centres incorporating the special economic zones, provincial investment agencies, local authorities and the relevant government departments involved in regulatory, registration, permits and licensing matters.
Last year the President established an Inter-Ministerial Committee on Investment where the President, Deputy President and Ministers whose departments provide enabling services for investors, come together to discuss ways of improving the way the services are provided so as to ease delays and frustrations for investors.