

The Taguta Business Centre has officially opened in Manicaland along the Harare–Mutare Highway, in an event attended by senior Government officials who highlighted the role of private-sector investment in Zimbabwe's economic development.
The Minister of Economic Development and Investment Promotion, Hon. Dr. Kuda Tagwirei, delivered introductory remarks before welcoming the Guest of Honour, Finance Minister Prof. Mthuli Ncube, who represented President Emmerson Mnangagwa at the official opening.
In his keynote address, Prof. Ncube reaffirmed the Government's commitment to attracting investment, supporting local entrepreneurs and accelerating private-sector-led economic growth.
The opening of the business centre was presented as an example of the Government's drive to translate its Zimbabwe is Open for Business policy into tangible investments capable of stimulating economic activity and creating employment opportunities.
Private-sector investment can contribute to local economic activity, enterprise development and job creation.
INVESTMENT AND PRIVATE-SECTOR DEVELOPMENT
The event highlighted the importance of private businesses in supporting national development through investment, enterprise growth and employment creation.
Government continues to position investment as a key driver of economic transformation, with the broader objective of strengthening productive sectors and expanding opportunities for businesses across the country.
The development also aligns with Zimbabwe's Vision 2030 ambitions and the National Development Strategy 2 (NDS2), which places emphasis on investment mobilisation, industrialisation and sustainable economic growth.
However, the centre's long-term economic contribution will ultimately depend on the business activities it attracts, the jobs it supports and the opportunities it creates for local entrepreneurs and communities.
The Granite Post Zimbabwe verifies documents, interviews sources and checks official records before publication. Our editorial standards explain what we require before a story runs.
Read our editorial standardsSimba Zimunya reports for The Granite Post, focused on accountability and public-interest journalism.
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Annual ZiG inflation dropped to 2.9% in August, the lowest since independence, 18 April 1980. But the central bank says some banks have not cut lending rates since June, leaving borrowers paying more than 40% while prices barely move.
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