All set for Capital Markets Awards 2022 ceremony
Some of the delegates at the inaugural Capital Markets Awards at Meikles Hotel in Harare last year
ALL is set for the second edition of the Capital Markets Awards 2022 organised and
hosted by Business Weekly in collaboration with the Financial Markets Indaba.
The awards, which will be held tomorrow, at the Golden Conifer in Harare, are a
recognition programme designed to benchmark institutional achievements and
performance in Zimbabwe’s financial sector’s markets and exchanges.
They will honour best performers in an array of disciplines found in the capital markets
encompassing, best performing listed company, environmental social governance, bestperforming asset manager, best equities fund manager, best investor communication
award, best stockbroker of the year, media coverage award, best technology
implementation in capital markets, best investment research provider, best stockbroker,
best capital markets advocacy award and lifetime achievement award.
Winners will be determined by an adjudicating panel through a voting process as well as
a comprehensive evaluation of reports and submissions along with research and analysis
conducted by research teams at Emergent Capital Management (ECM), a firm that is
regulated by the Securities and Exchange Commission of Zimbabwe.
Speaking ahead of the ceremony, Business Weekly Editor, Herbert Zharare said through
cooperation with the Financial Markets Indaba the publication intended to continue
refining the awards event concept until it meets the envisaged standards.
He said capital markets are central to the financing of Government and companies hence
economic growth and financial stability, further indicating that the initiative had
broadened its obligation to incorporate schools so as to further the understanding of
capital markets.
“We are holding this event for the second time following its launch last year and we have
been planning for a long time, starting with the Capital Markets High School competition
that we launched on September 16, 2022.
“Through this, we would want to recognise corporates and individuals who have
tirelessly worked hard to have the mature capital markets we have today in this country.
“We believe in partnerships and for tomorrow’s event, it is not too late for those who
want to partner with us to come through.
“By incorporating the Capital Markets High School quiz competition, we want learners to
grow up understanding that capital markets play a vital role in an economy and it is one
of the most powerful drivers of economic growth and wealth creation,” said Mr Zharare.
FMI managing director, Patrick Muzondo said his institution was dedicated to
transparency and fairness as shown by several updates and scorecards that were
published for all awards categories over the website, online, social, and media platforms.
“The annual awards recognise and celebrate the achievements in all the main segments
of the capital markets and in turn the program serves as an opportunity to inform and
demystify complexities and myths that surround participating in financial and capital
markets encouraging individuals from all walks of life to invest on the local markets
including stock exchanges.
“As organisers and co-hosts, we have consistently maintained that our goal is to
highlight the important role played by Capital Markets in the development of the
economy,” said Mr Muzondo.
Stockbroking firm Morgan & Co received the highest number of nominations (four) while
Old Mutual Investment Group, Zimnat Asset Management Company, ABC Asset
Management Company, and Akribos Capital received two nominations each.-The Herald
