Government has gazetted Statutory Instrument 41 of 2026, introducing significant reductions in parking and vehicle clamping charges while abolishing several agricultural levies to ease the cost of doing business.
The new regulations, which take immediate effect, cap hourly parking fees at US$0.50, down from previously varied charges imposed by local authorities, where motorists in some areas paid up to US$1 per hour. The SI
also standardises vehicle clamping fees at US$20 per incident, addressing longstanding public concerns over inconsistent and often excessive penalties.
Government said the rationalisation of fees forms part of broader efforts to streamline local authority charges, enhance transparency and create a more conducive environment for economic activity.
As part of measures to support the agricultural sector, the instrument abolishes several levies affecting farmers, including the cattle levy, livestock movement clearance fees, timber transportation levy per load, annual dairy permit, borehole and water abstraction levy, and carcass inspection fees.
It also removes a range of retail-related levies, such as licences for butcheries, food purveyors, restaurants, takeaways, wholesalers and food factories operating within licensed retail shops, among others.
Authorities said these reforms are part of a wider Government strategy to streamline urban fees, improve regulatory efficiency and promote a more business-friendly environment.
The new framework is expected to bring relief to motorists, bring forth balance revenue collection by local authorities, enhance compliance and reduce operational costs, while reinforcing Government’s ongoing reform agenda.
