Today, we celebrate the World Entrepreneurship Day. Globally, entrepreneurship is holding stronger roots in the mindsets of people. According to the Global Entrepreneurship Monitor Report 2020-21, in 32 out of 43 economies, more than half of the respondents intended to open a new business despite the pandemic.
The growth of entrepreneurship worldwide appears as a golden time for importing countries to try and turn the tables or become self-reliant. Mauritius is one such country, and this article highlights the three main factors that prevent Mauritians from reaping the long-term benefits of entrepreneurship.
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Today is observed as International Youth Day. Elaborating on the significance of the youth in determining the future of society, this article explores the entrepreneurial pursuits of young Mauritians.
Every year, the International Youth Day is based on a theme. This year’s theme is “Transforming Food Systems: Youth Innovation for Human and Planetary Health”. I picked a specific aspect of them: how the youths work to sustain human and planetary health innovation. The UN’s website states, “Through youth education, engagement, innovation, and entrepreneurial solutions, this year’s International Youth Day aims to provide a platform for young people to continue the momentum from the ECOSOC Youth Forum in the lead up to the high-level Food Systems Summit.” Since the pandemic has hit the world, food systems and all economic and social aspects have faced slack.
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On Wednesday, 9 October 2019 the YUVA Academy conducted a 4-hour session on Corporate Leadership with 19 staff members of the Indian Oil Mauritius Limited (IOML).
IOML was incorporated in Mauritius in 2001 and began physical operation in 2004. IOML has, over the years, positioned itself as the leading supplier of Jet Fuel in Mauritius. Within a short span of time, it has become the most preferred aviation fuel supplier in Mauritius, servicing at present nearly two-third of the total aviation fuel supplies in Mauritius. The company caters to the supply of fuel for all major International and Domestic Airlines in Mauritius.
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Today, the YUVA Academy launched the first session of its sixth cohort for The Entrepreneurial Mindset (TEM) and Leadership for Social Change (LSC) programmes with 42 aspiring entrepreneurs and leaders.
Mr Kris Padayachy, the trainer for the entrepreneurship programme, started this first session with a brief introduction of himself and then of the missions and visions of YUVA and the YUVA Academy. He then gave the opportunity to each participant to introduce themselves and express their reasons behind attending the entrepreneurship programme. This allowed the participants to get to know and be at ease to communicate and interact with each other.
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