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ZimInd’s Banks and Banking Survey set for today

AMH acting CEO Takelah Gondokondp

TOP performing Zimbabwean banks will today be rewarded for their efforts and resilience amid economic headwinds at the Bank and Banking Survey Awards ceremony to be held in Harare today.

The survey is the initiative of the country’s leading business weekly, the Zimbabwe Independent (ZimInd), in partnership with First Capital Bank (FCB) and will be held at the Nest in Borrowdale.

ZimInd is one of the publications under Alpha Media Holdings (AMH), which also publishes NewsDay, The Standard, Weekly Digest and Green Digest. AMH also runs digital television and radio station, HSTV.

The event, which will be headlined by the former group digital officer for the National Bank of Dubai Evans Munyuki, will also be graced by the deputy governor of the Reserve Bank of Zimbabwe, Jasmine Chipika and Bankers Association of Zimbabwe president Mehluli Mpofu.

AMH editor-in-chief and NewsDay editor Wisdom Mdzungairi said the event comes hard on the heels of the prestigious 2022 Quoted Companies Survey held last month and the Zimbabwe Annual Investor Forum held in August.

“Our market leadership position demands that we become responsible citizens who share our progress with the generality of Zimbabweans,” Mdzungairi said.

“We want to promise our readers and stakeholders that we will continue unveiling cutting edge products to help the country achieve its goals.”

Mdzungairi said this year’s theme Ramping Up Financial Inclusion Casting The Net Wider, dovetailed well with the Reserve Bank of Zimbabwe’s financial inclusion strategy.

AMH acting group chief executive Takelah Gondokondo hailed the partnership between AMH and FCB, which is in its seventh year.

“We are most grateful to First Capital Bank Zimbabwe management and board for seeing value in this event and the unwavering commitment and support in financing Zimbabwe Independent’s Banks and Banking Survey Awards,” she said.

The not-to-be-missed event, first launched in 2009, comes at a time when banks are reeling under several constraints which include liquidity challenges, shortage of foreign currency, poor foreign direct investment inflows, high interest rates and suppressed loan portfolios.

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