Mugeyi remains in charge of Usuthu following Craig Rosslee's departure yesterday, with former Kaizer Chiefs striker Fani Madida and ex-Platinum Stars mentor Miguel Gamondi thought to be contenders for the job.
With AmaZulu anchoring the standings on three points, Mugeyi is desperate to lead them to victory in their upcoming league matches against Chippa United and Free State Stars.
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In fact, the former Bush Bucks hitman is well aware that failing to turn around the fortunes of AmaZulu could see him parting ways with the club before the season reaches the halfway mark.
Mugeyi – who spent the past weekend assessing the team's reserve team in the Multichoice Diski Challenge – is confident the club will perform better going forward.
"The victory in the Telkom Knockout has done a lot in terms of encouraging the boys. This is just what the team needed," Mugeyi tells KickOff.com.
"Things have changed because the players now believe in themselves. This is what winning does and the aim now is to take this form into our league matches. We really need to start collecting maximum points," adds the coach.
Mugeyi points out that he is not thinking about the implications of how a prolonged poor performance in the League could affect his standing.
"There is always pressure as a coach, whether you are a caretaker coach, head coach or assistant coach. We deal with these things every day and I can handle it. I think the pressure will help us.
"It is not really about what happens to Mugeyi. In the long run, the objective is to make sure that we pull ourselves out of the relegation zone. We still have plenty of games to correct where we have failed.
"I cannot concentrate on becoming the head coach of the club. There is no need to put more pressure on myself.
"I have not been given a mandate as such by the management. However, the objectives are clear – we must win all our upcoming matches and take ourselves out of danger. I expect that this is how I will be measured," explains Mugeyi.