Dr Kudakwashe Tagwirei's journey to becoming a top businessman began in a 12-hour fuel queue in Harare's Hatfield. Speaking at the Zimbabwe CEOs Policy Roundtable, he shared how frustration sparked the birth of Sakunda Holdings .
Tagwirei's big break came when he secured a US$500,000 loan using fuel as security. He took a bold gamble with a take-or-pay arrangement for the Beira pipeline, slashing margins to US$0.015-US$0.02 per litre to fulfil obligations. This move helped grow the economy, he said.
He warned CEOs against excessive margins, citing a bank that offered 5% monthly interest and went bust. Tagwirei prioritized national interest in 2017, helping government secure full ownership of the Beira pipeline.
"Success lies in solving problems, pricing responsibly, and putting national interest first," he said .
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