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Patrick Chitumba Midlands Bureau Chief
There is need for local companies to rethink the way they do business if they are to spread their wings and tap into regional and international markets.

Addressing academics and business people at the annual Megafest Awards dinner at a local hotel on Monday, Megafest Holdings chief executive Dr Tafadzwa Matsika said local companies should thrive to spread their tentacles and earn the country foreign currency.

Dr Matsika said he is impressed by business people who have managed to stay afloat at a time when most companies are going under

“There is need for local companies to rethink the way they do business if they are to spread their wings and tap into the regional and international markets.

“What we have are businesses that have refused to be cry-babies but have decided to proffer solutions in challenging times. We are all winners here because your presence here means you are still in business,” he  said.

Dr Matsika said in these challenging times only business people who are innovative can survive.

“The mindset has to change and we need to think globally and harness the foreign currency through products and services that are competitive out there,” he said.

Some of the notable winners during the event were chief executive of Matsa Holdings Mr Solomon Matsa, who scooped the overall Businessman of the Year award, taking over from last year’s winner, Engineer Mcedisi Dube of River Valley Properties, who won the Industrialist of the Year in the Platinum category while his company won the Corporate Social Responsibility Award.

Mrs Kirsty Lisa of Studio X scooped the overall best business woman award, Dr Tinashe Manzungu of TM Holdings won the Business Person of the Year award in the Silver category, Mr Robson Vunganai of Mashmo Land Developers won the Industrialist of the Year Silver category as well as Engineer Fazo Dube of ZETDC, who scooped two accolades of excellence ,among others.

Dr Manzungu said they had managed to be resilient in the face of a harsh economic environment as they strove to complement Government efforts in its economic turnaround strategy.

“As business we are in it to help grow our economy. The Government is trying to assist business grow as evidenced by business engagements and deals spearheaded by President Mnangagwa and we have to play our part as well by going regional, continental or global with our products to earn foreign currency for the country,” he   said.