Zambia reduces registration fees to attract more health investment


  • World
  • Thursday, 23 May 2024

LUSAKA, May 22 (Xinhua) -- The Zambian government on Wednesday announced a reduction in registration fees for investors seeking to set up facilities in the health sector in a bid to attract more private investment.

Minister of Health Sylvia Masebo said the fees charged by the Health Professions Council of Zambia for the approval and licensing of medical institutions have been a burden on investors and hindered more private investment in the sector.

"Some investors have expressed interest in putting up healthcare facilities in rural and remote areas, either through mobile health services or the actual construction of static health facilities. However, high fees for opening new health facilities can be an obstacle," she said during a press briefing.

The minister expressed optimism that the reduction in registration fees will attract more private investment in the healthcare sector, resulting in the introduction of new and advanced medical technologies for efficiency and better patient outcomes.

She said the government recognizes that the provision of quality healthcare services requires many players in the health sector, hence the need to provide a conducive environment to stimulate private sector investment.

According to her, reducing the fees has the potential to improve compliance with healthcare standards among health facilities and health professionals.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Mark Zuckerberg’s ‘year of efficiency’ at Meta has spread to the company’s upper ranks and incompetent VPs are next to be culled
Irish coalition parties on top after marathon European election counts
Analysis-Super-rich may quit UK over Labour plans for inheritance taxes on trusts
After several near-misses on airport runways, a tech company revives work on a hazard-warning system
Fake news still has a home on Facebook
Microsoft faces heat from US Congress over cybersecurity
Apple is sued by female employees claiming pay discrimination
Clearview AI used Americans’ faces. Now they may get a stake in the company.
Amazon often says its employees are satisfied. Workers explain why you should question the data
Opinion: Use a roaming eSIM on your summer travels to avoid cellphone data fees

Others Also Read