Govt unveils US$70 million rural development initiative

Staff Reporter

Government has committed US$70 million to a major rural development project, aiming to establish 10 000 village business units (VBUs) by December 2024, with an additional 1 500 units planned for the first half of 2025.

 This ambitious investment seeks to enhance rural economies through vocational training, infrastructure improvements, and the provision of agricultural resources.

The initiative, announced on Monday, focuses on equipping rural communities with the skills and resources needed to boost productivity and self-sufficiency.

The funding will support the distribution of vegetable combo packs, sweet potato vines, and fruit trees, promoting sustainable farming practices and helping to diversify agricultural production.

Government envisions this investment as a catalyst for economic growth, job creation, and enhanced food security in Zimbabwe’s rural regions.

In a statement on X yesterday, the Zimbabwe Economic Review described the move as "a pivotal step toward sustainable rural development that aligns with the nation’s Vision 2030."

Professor Obert Jiri, the Permanent Secretary for Lands, Agriculture, Fisheries, Water, and Rural Development, emphasized the strategic use of the funds.

“By allocating these resources, we aim to stimulate economic growth, create job opportunities, and promote sustainable practices in farming and entrepreneurship,” Jiri said.

He added that the phased approach—introducing 10,000 units this year and an additional 1500 by mid-2025—ensures that support systems and infrastructure will be in place to sustain long-term growth.

“The addition of a further 1 500 units in the early months of 2025 will expand the program’s reach and impact, addressing both immediate economic needs and the sustainability of these new business ventures,” Jiri noted.

Local communities have responded positively to the initiative, expressing hope that it will bring tangible improvements to their livelihoods.

Sarah Chikoko, a local farmer in Hurungwe, highlighted the potential benefits of the funding.

“This means a lot to us. With better resources and training, we can improve our yields and provide for our families,” she said.

Tinashe Moyo, another community member in Bindura, shared his enthusiasm.

“I’m excited about the new business units. It will create jobs and help us support each other as a community,” Moyo stated.

As the program gets underway, expectations are high that it will provide a much-needed boost to rural economies, empowering communities and reinforcing Zimbabwe’s broader goals of economic resilience and sustainable development.

Government’s investment is seen as a key component of the nation’s Vision 2030, aiming to build a more prosperous and self-reliant society.

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