Financial Markets Indaba in partnership with Business Weekly
Capital markets awards 2023
The Capital Markets Awards is a landmark recognition programme to benchmark institutional achievement and performance in the markets & exchanges landscape of Zimbabwe’s Financial Sector.
The prestigious annual awards programmes goal is to recognise excellence in those institutions and individuals that have demonstrated a superior business strategy based on strong underlying fundamentals, highlight emerging best practices in establishing robust market structures and identify challenges in executing sound operational processes which market participants can both learn and benefit from.
The Capital Markets Awards are unique. They are the only awards that recognise achievement in all the main segments of the capital markets through a poll of market participants. 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 reports and submissions along with research and analysis conducted by our research team. Financial Markets Indaba is dedicated to transparency and fairness that is evidenced through the various scorecards that we publish for all awards categories.
The awards ceremony will be held on Friday 1 December 2023.
METHODOLOGY
It’s important to note that the adjudication process strives to be fair, objective, and consistent. The exact methodology differs from one award category to another, depending on the award’s purpose, scope, and the organization behind it.
Through research The Financial Markets Indaba team works hard in identifying great businesses. The team encourages external nominations from local capital markets participants, clients, social media following and wider circulation. Nominating parties are invited to put forward either their own business or third-party companies whom they hold in high regard. Companies are also invited to submit information about their achievements, performance, and contributions within the capital markets.
All nominees are formally requested to accept their nomination, nominees are obviously free to accept or decline if they so wish. Those who formally accept are given the opportunity to submit additional supporting information to cement their nomination.
Our dedicated research team assesses all information presented to them. The team gather information independently from a variety of publicly accessible sources, which are assessed alongside any material supplied by a nominating party or by the nominee themselves. The research team casts their final judgment, based on various criteria that includes:
- Performance Metrics
- Leadership and Management
- Market Impact and Innovation
- Corporate Social Responsibility
- Industry Reputation
- Peer Recognition and Nominations
- Transparency and Compliance
- Contributions to the Market
We have an independent judging panel comprised of experts in the field of capital markets. These experts have industry knowledge and experience that allows them to assess nominees objectively.
The Judges score each nominee based on the established criteria. The scoring is done on a numeric scale. The total scores are used to rank the nominees.
The information provided in the nominations is verified to ensure accuracy and legitimacy. Due diligence involves reviewing financial statements, market impact data, and other relevant documentation.
Judges convene to discuss the nominees, review their scores, and deliberate on the winners. This step ensures a thorough evaluation and helps reach a consensus on the most deserving recipients.
Based on the judges’ scores, rankings, and deliberations, the winners are selected. Typically, the nominees with the highest scores or the most compelling achievements in line with the award’s criteria are chosen.
Once the winners are determined, the award organizers announce the recipients through various channels, such as the awards ceremony, press releases, awards ceremonies and online platforms.