This Policy Brief highlights the associated time and monetary costs of regulatory compliance – the experience from the hotel industry in Tanzania. In the quest to address the highlighted compliance cost challenge, REPOA offers the following Policy Recommendations:
- The need for Government agencies to invest in online technologies that offer the most promise in reducing the time cost of being compliant.
- Make mandatory the use of Compliance Cost Assessments (CCAs) and the Customer Satisfaction Measures (CSMs) in tracking trends on compliance costs.
- Invest in cultural change in the Government that embraces business-minded approach to policy formulation.
- Revisit all the hotel regulatory payments including the possibility of setting up one-stop-shop, including integrating some of the fees and levies into one.
- Set a mechanism for coordinating inspections both among regulators and across units within regulatory agencies.
Ready the full details just below…