Mauritius maintains No 1 spot in World Bank Doing Business 2018 Report in SSA
With four reforms undertaken, Mauritius has improved its global ranking significantly, climbing up from 49th last year to 25th this year, and making it once again the highest ranked economy in Sub-Saharan Africa.
Mauritius carried out four reforms, which included outsourcing the design and construction of sewerage connection works, speeding up the process of obtaining a construction permit and improving processes to facilitate cross border trade. Mauritius also made it easier to transfer property by reducing the transfer tax, implementing a complaint mechanism and publishing service standards. Mauritius also has amongst the least cumbersome procedures in two Doing Business areas for which it ranks amongst the world’s ten best performers: Dealing with Construction Permits (9th) and Paying Taxes (10th).
The other best performing economies in the region are Rwanda (41), Kenya (80), Botswana (81) and South Africa (82). Nigeria, Malawi and Zambia are amongst this year’s top improvers, based on the reforms undertaken.
A record number of 83 reforms, making it easier to do business, were implemented in 36 of 48 economies in Sub-Saharan Africa in the past year. This is the largest number of reforms ever recorded by the Doing Business report in any region, and represents 31 per cent of all reforms implemented globally in the past year. However, Sub-Saharan Africa underperforms in the areas of Getting Electricity (with an average rank of 148), Trading Across Borders (137), and Registering Property (131).
Globally, New Zealand, Singapore and Denmark are ranked in first, second and third spots respectively in the 2018 report.