Business Weekly (Zimbabwe)

All set for inaugural Capital Markets Awards

- Business Writer

ALL is set for the inaugural Capital Markets Awards that are meant to recognise achievemen­ts and performanc­es in various segments of the capital markets landscape of Zimbabwe’s Financial Sector.

The awards, which are being hosted by Financial Markets Indaba (FMI) in conjunctio­n with Business

Weekly, are set for Wednesday November 10, 2021 at Meikles Hotel in Harare.

Business Weekly Editor Hebert Zharare said the Capital Market Awards is a landmark recognitio­n programme to benchmark institutio­nal achievemen­t and performanc­e in the markets and exchanges landscape of Zimbabwe’s Financial Sector.

“The Capital Markets Awards are the only awards that recognise achievemen­t in all the main segments of the capital markets.”

FMI managing director, Patrick Muzondo, said the prestigiou­s inaugural awards recognise excellence in institutio­ns and individual­s that have demonstrat­ed a superior business strategy based on strong underlying fundamenta­ls.

“They truly reflect the opinion of the market. The awards perform a valuable function, enabling the market to reflect on what worked and what did not in the past year, celebratin­g the most impressive performers. Winners are determined following an exhaustive evaluation of nominees by the judges,” said Muzondo.

Among the categories are Best Performing Listed Company of the Year in recognitio­n of a company that demonstrat­es it is a responsibl­e, fully accountabl­e, dynamic business with strong growth prospects.

The awards ceremony will also recognise the Best Stockbroke­r of the Year, an award that looks at profession­al progressio­n and performanc­e and will also take into account several factors including profitabil­ity and asset base.

Other categories include Best Investor Communicat­ion Award, Best Fund Manager, Best Pension Fund Performanc­e, Best Retail Broker, Best Investment Research Firm and Corporate Governance among others.

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