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Charity Ruzvidzo, Business Reporter

THE Zimbabwe Investment Authority (ZIA) will this month host its second investors’ awards meant to recognise and reward contributions of investors operating in different sectors of the economy.

The investors’ awards were launched last year.

ZIA spokesperson Nixon Kanyemba said the awards would attract market leaders from across the industry and salute their achievements.

“The event will take place on October 24. The investors’ awards are not just about the dollar value performance of an investor’s portfolio. They’re about other key factors that contribute to each individual’s success story and are of strategic value to the Zimbabwean economy. For instance, job creation, supply chain development, exports and imports substitution and environment sustainability,” he said.

Kanyemba said the event also seeks to enable investors to gain access to influential business and political leaders.

“The awards aim to create a professional business atmosphere which provides guests and sponsors with an environment to create contacts that lead to future transactions and long-term business alliances with influential business and political leaders,” he said.

Kanyemba said the investor of the year award was the key award while other awards were to be won in different categories.

“The investor of the year award is the key award. This will deal with statistics mainly of the current year such as innovation, industrialisation, supply chain development and contribution to taxes. Other awards are going to be won in different classifications. There is going to be the industry, manufacturing, mining and mineral processing, tourism, construction  and service, financial, retail and distribution, energy and agriculture awards,”  he said.

Kanyemba said also to be won were the recognition awards which comprised the woman investor of the year, SMEs investor of the year, the stock market investment of the year, best rural local authority promoting investment and best infrastructure deal.

The government last year said it was going to amend the Zimbabwe Investment Authority Act to give investors incentives in an effort to create a conducive environment for investors.