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Morris Mpala
MoB Capital
IT is often said the YOUTH are the future leaders but after we noticed the statistics of their “refusal” to repay loans advanced by financial institutions, we are left with many questions than answers. The figures that have been quoted will not be written down here because we believe the youth can do much better than their non performing loan figures.It is with a heavy heart that we ask: If the youth are weak in business management then what does the future hold for us?
We can understand the older generation being financially irresponsible but we get worried when the youth who are our future copy those tendencies.
The youth cannot be the future leaders if such tendences are tolerated. For whatever reason, we expect the figures for outstanding loan money to be lower than those published and being advanced by these institutions.

To make matters worse, some have suspended lending to the youth so that they get it right.
Even the Bible says enjoy your youth but remember the Lord Almighty will ask you to account for your actions.
We urge the youth to seek financial advice, financial grooming, mentorship, accountability and responsible financial management, business incubation, forget freebies, no substitute for hard work, reduce mentality of entitlement so that we reduce the failure rate of our businesses.

Business management is a process that is full of discipline and dedication and as such we expect the youth to go down to the drawing board.
The initiatives that have been given by the some government departments to revive the youth fund, vocational training and incubation centres are a second bite at the cherry.

And the youth are advised to be better equipped this time around.
The youth are the future leaders and masters of their own destiny thus mismanagement will affect them and their children.
To those that have raised the flag, we salute you and plead with you to continue to strive for the better as you are our future.

Above all, as a man thinketh so is he or she.
Our forefathers fought gallantly to emancipate you politically, now it’s your turn to fight economically to get that financial freedom that we deserve.
You have the energy and brains as well as youth. It is a fact that you might not have all the resources but all you need is that integrity to empower yourselves first then family and Zimbabwe and Africa afterwards.

What you do now will determine your future, so do not spoil it through financial indiscipline that is not in line with your growth trajectory.
Because the youth are the future leaders, we expect much more from them than the previous generation.
It is a challenge that we leave you with as the future leaders. Get your act together in order for you to be taken seriously and moreover it’s your world since you have many years ahead of you.

The youth have a close relations with the economy and the economy with the youth. New ideas come from the youth. Innovation is from the youth.
Growth is brought about by the youth so there is no greater motivation for youth than to access cheaper and long term loans that enable them to contribute to the building of the economy. The youths should leave a legacy for future generations.

We challenge all the YOUTH to rise and take up these opportunities that have risen with vigour of a man who is determined not to fail.

All the best to our youth.

Short term pain for long term gain
We believe if the government, labour, private companies and individuals could forgo instant glory and await long term gains, it would be beneficial to everyone. In some parts of world it is called dedication, that willingness to see things happen regardless of circumstances. The little sacrifice that one has to make for it to happen, that little urge to continue when the future seems bleak.

The selfless attitude and culture for a better tomorrow. The “It shall be well” spirit.
The attitude of tomorrow will definitely come and with it the need to plan. The concern about the future of the next generation. The perseverance that we need to endure difficulties before everything can be alright. The patience and will power to work towards a common goal and purpose to achieve Zimbabwe’s financial freedom.

Financial ubuntu states that you need short term pain for long term gain. Like the old tired cliche No Pain No Gain.
Zimbabwe are you ready for this because we at MoB Capital are more than ready for the sacrifice!

Month of listening

MoB Capital declares December 2015 as the month of LISTENING. Please learn to listen. Just pure listening skills is required for all Zimbabweans whether politician, Christian, technocrat, and business among others.
Let us listen to the inner voice of reason and there is no any need to be instruction proof.

As it is written be fast in LISTENING but slow in speaking.
Only when we listen can we correct our mistakes and grow as a person as business as a nation. Pure listening is the beginning of solving challenges.
No more already listening if we are to get out of this economic meltdown.
Let’s just learn to listen to each other as business, labour and government. Let’s listen at all times and then we can ask the consumers of products and services to listen as well.

Warning for Xmas/New Year expenditures   
In as much as we wish our clients a merry Xmas and prosperous New Year, we also issue out a warning on impulse buying. Please be careful with your expenditure this holiday as it seems the new year will be slightly tough and deserves reserves in case of emergencies up and above the perennial food and fees headaches.

You will require careful financial planning to avoid a serious financial jam that could compromise the financial well being of the entire family.
Let’s enjoy and relax but within our means. If we do get carried away it might push us into debt in the new year.
Let’s accept our financial situation and be financially responsible this holiday. We say spend but spend responsibly that is the message to our clients and audience.

MoB Capital wishes you happy holidays and please take care of yourselves and each other.
If you live in Bulawayo please conserve water. If you live in Zimbabwe please use electricity sparingly: SOS (switch off switches). If you live on planet earth please preserve the environment.

•  Morris Mpala is managing director of MoB Capital (Pvt) Limited, a micro-finance institution offering loans, micro-insurance and advisory services to small to medium enterprises as well as individuals.