By ZBC Reporter
Cabinet has approved the Principles for the Electronic Transactions and Electronic Commerce Bill, which was presented by the Minister of Information Communication Technology, Postal and Courier Services, Honourable Dr. Jenfan Muswere.
The passing of the bill was explained by the Minister of Information,Publicity and Broadcasting Services Senator Monica Mutsvangwa during a Post Cabinet Media Briefing in Harare this Tuesday .
The nation is being informed that the development of information communication technologies in cyberspace requires that the legal and policy environment be adapted to take into account the relevant changes. In particular, there is need for a holistic electronic transaction regulation regime in the face of the opening up of markets and movement of goods and services across borders, and growing incidences of scams and unfair practices, which leave the end-user at risk,she said.
The bill will bridge the gap between laws created for paper based transactions and technological advancements.
The Electronic Transactions and Electronic Commerce Bill will therefore first and foremost attune the country’s legal framework to technological changes by addressing the current deficiencies in most of the country’s existing laws, which were designed for paper-based transactions. The Bill will promote and advance the business environment in Zimbabwe by establishing a legislative framework that enables fair, accessible, responsible and sustainable online transacting. The Bill will, in whole or in part, consolidate and harmonise existing electronic transactions-related legislation, such as the Consumer Contracts Act [Chapter 8:03],she added.
The key issues provided for by the Bill are the use and regulation of electronic contracts and electronic transactions.
The Bill will establish a predictable, accessible, safe and transparent online trading environment, which is necessary for e-commerce to flourish. It will also result in business innovation, while simultaneously empowering consumers supported by well-resourced, effective and efficient regulatory institutions.