The four finalists in MTN’s Nsindika Njake entrepreneurship show pitched intriguing business ideas in the hopes of winning the 60 million shillings up for grabs. (Finalists from the Nsindika Njake Show compete for a UGX 60 million grand prize with big business ideas )
Jovan Kagezi spoke about a charcoal stove connected to a chimney and a biogas source that provides end-users with clean cooking energy. Kagezi also stated that his company sells charcoal briquettes at low prices to households, schools, restaurants, and hotels. He referred to his establishment as the best for any cook.
Shakirah Nassejje’s concept revolved around a tailoring business that made bags and clothes while also training people with disabilities. Nassejje assured the judges that her company’s profits would skyrocket once it upgraded to digital tailoring with industrial-grade electric machines using the 60 million grand prize money.
According to Joseph Kwesiga, a juice manufacturer, once he receives the 60 million shillings, he plans to buy resourceful-land worth 10 million in Luwero district, where he can plant and harvest sugarcanes and other ingredients needed for juice production.
The wise jury advised Kwesiga to be cautious of his farming prospects because it could be risky if he had no prior farming experience. They advised him to instead focus on meeting juice manufacturing quality standards.
David Kasaali calmly presented his groundnut business, listing the various types enjoyed by customers such as seeds, ground nut pastes commonly known as Odi, pounded groundnuts, and more. He mentioned that he sells high-quality items to schools, restaurants, and hotels.
Kasaali stated that he hoped to use the $60 million to purchase land and machinery needed to expand and multiply his business.
Kasaali was advised by Business Coach Leilah Ndagire to consider the packaging and brand identity of his products. She praised him for cleverly presenting his idea.
Ruth Biyinzika expressed gratitude to MTN and all partners for the evolution of empowering youths with entrepreneurship skills and rescuing them from poverty.
“I’d like to thank MTN for funding this initiative, as well as the partners who have helped make it a success.” Many young people are depressed and see no future. “Nsindika Njake has shown many Ugandans who they can be in the coming years,” said Biyinzika.
Both Leila Ndagire and Issa Sekito stated that this project has enabled the youth to do what they love, and that they are now able to attract investors, opportunities, and knowledge to the viewers out there.
In this episode, viewers were given the opportunity to vote for the best presenter. The voting process began on June 17th, 2022, and people can easily vote by dialing *170*70# or visiting www.mtn.co.ug/vote. The winner of the People’s Choice Award will receive UGX 5,000,000. (Finalists from the Nsindika Njake Show compete for a UGX 60 million grand prize with big business ideas – Fresh news 2022)