THE 2011 Ghana Investment awards has been launched in Accra
with a call on all stakeholders in the industry to brace themselves for the
changes in the investment sector.
The sector is currently faced with new pension reforms, the
anticipated introduction of the Ghana Alternative Exchange and Exchange Traded
Funds as well as the anticipated listing of some banks on the capital market.
According to the President of the Premier Networking
Investment Club (PNIC), Mr Kwame Ampofo, this will be a challenge to the
responsible authorities to carefully study the readiness of the investor market
for new developments.
The awards, on the theme: “Enhancing Investment variety for
a competitive and liquid capital market” are meant to reward star performers
who continue to show an enduring commitment to give investors high returns on
their investments.
According to PNIC (organisers of the event), the awards are
also aimed at motivating award winners and stimulating competition in the
industry.
Mr Ampofo also added that the group was seeking to promote a
greater interest in investments, especially among the youth i order to attract
a lot of young ones to start investing.
A chartered account with the Association of Certified
Chattered Accountants (ACCA), Mr Norman Williams, said the initiative was
laudable since the importance of the capital market in improving the economy
could not be overlooked.
“This is because establishing a country as a centre of
choice for raising of capital and investment improves the economy and benefits
its people,” he added.
He said today’s accountants had a key role to act as
guardians of integrity in their businesses and “by showing ethical leadership
and embodying the values of integrity, objectivity, and professional care,
accountants help maintain and strengthen the reputation of the business they
work for, and at the same time protect the public interest.”
The Chairman of the Ghana Stock Brokers Association, Mr
David Tetteh, also tasked the executives of the PNIC to sustain the credibility
of the awards to create a benchmark of sustainability in the industry.
He said they should not be swayed by money but do well to
maintain their credibility to warrant the sustainability of the awards in the
industry.
The 2011 awards main categories include the corporate
awards, fund and product awards, individual awards and the newly introduced
service awards.
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