Local business tycoon Jimmy Korea Mpatsa has urged the country’s budding entrepreneurs to make use of emerging business opportunities if they are to stay ahead of competition.
Mpatsa said this on Thursday in Blantyre during the second Blantyre Entrepreneurs Pitch Night organised by a grouping of Blantyre-based entrepreneurs.
Mpatsa, who is the founder of Mpatsa Trust which has investments in real estate, private companies and hospitality industry, among others, advised entrepreneurs to take charge of the economy by making good use of platforms and opportunities in the country.
“There have been a number of innovative programmes set by government which if fully exploited stand to benefit the entrepreneur and the country at large,” he said.
Mpatsa advised budding entrepreneurs to look beyond agriculture, which has been often looked at as the only key sector that grows the economy, arguing that there are other sectors that people ought to look at as sources of income.
“Much as the country is an agro-based economy, let us bear in mind that not everything hinges on agriculture,” he advised.
Mpatsa further urged the youth to go for economic independence other than political power since the former lasts forever.
He said: “Economic power is more sustainable and is what will develop the country unlike political which is decided by the people. Time is now for the youth to look beyond attaining political power.”
One of the organisers of the event, LombolaLombola, who is a fellow of the United States of America’s Young African Leaders Initiative (Yali), said the event, which will be held monthly, aims at providing a platform for budding entrepreneurs to get some specialised insights from established businesses.