The experienced coach previously led Arrows to success in the 2009 MTN8 in his first stint with the team.
They have been inconsistent in the Betway Premiership this season with four wins, five losses and one draw to sit in ninth place with 13 points after 10 games.
But Mngqithi says he has seen enough from his side too know they are capable to springing a few surprises.
Arrows reached the semi-final of the league cup with a 2-1 victory over TS Galaxy at the weekend.
"We've our own principles and playing concepts that I always want to polish, and maybe try to focus on that particular opponent. How can we use our way to get over them?" he said on IOL.
"If you remember the first time I won the MTN8 with Arrows, I was facing the same issue myself as a coach, not having experienced players.
"Everybody was sure that we couldn't make it because we faced a team that was strong in cup matches [Ajax Cape Town in the final], but I told them: 'I didn't repeat matric and I didn't need experience to pass matric — I did it once.'
“In life, when you come across this [difficult] moment, you must always want to conquer it even when you are not experienced.”
Marumo Gallants coach Alexandre Lafitte believes his side has what it takes to pull off another upset when they face Orlando Pirates in the Carling Knockout final at Peter Mokaba Stadium on December 6.
Golden Arrows coach Manqoba Mngqithi cut a frustrated figure after watching his side crash out of the Carling Knockout semi-finals despite dominating large spells against Marumo Gallants at King Goodwill Zwelithini Stadium on Sunday.
Orlando Pirates will enjoy home advantage when they take on Marumo Gallants in the 2025 Carling Knockout Cup final, after the Premier Soccer League (PSL) confirmed the venue and date for the much-anticipated clash.
Richards Bay mentor Ronnie Gabriel was proud of his players despite their 1-0 defeat to Orlando Pirates in the semi-finals of the Carling Knockout.
