By Nurdin Ndimbe
The World Bank has just released a World doing Business report where Judiciary has attained high ranking on enhancing business environment in doing business for 2016.Tanzania is among the 189 World economies that are evaluated by the World Bank on the easiness and conduciveness of their business regulatory system necessary for investment attraction.
Presenting a paper on Doing Business Report 2016 in Dar Es Salaam recently, the Court Administrator of High Court -Commercial Division, Mr Willy Machumu said that, the trend for doing business and service within the Judiciary has significantly improved better than before. According to reports released by the World recently, Tanzania has improved in service delivery in recent years.
The World doing Business report is a series of cumulative report which presents quantitative indicators on business regulations which can be compared within 189 economies of the World. The World Doing Business Report broad objectives are to inform various policy makers to improve quality of rules and regulation which aims on improving private Sector economic understanding.
“It depicts how easy or difficulty for local entrepreneur to open and run small to medium sized business when complying with relevant regulations, in short it is matter of measuring regulatory quality and efficiency in a given country how conducive is the country for business grounds and investment attractions” he said.
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