Economy

Zambian Youngsters Win Global Financial Award

zambia-financial-winnersA team of four Zambians has won the Global Financial Award in South Africa after beating Australia and Ghana in the final.

According to a statement from Nicky Shabolyo at the Zambia High Commission in South Africa, the competition format is such that the participants are given business case studies in which they are required to analyse scenarios and challenges of a particular organisation whose findings and recommendations they presented to a board of directors.

The competition started off with 320 teams representing 1,278 aspirants, 53 universities in 25 countries across five continents.

BELOW IS THE FULL STATEMENT

FOUR ZAMBIANS SCOOP GLOBAL FINANCE AWARD IN S.AFRICA

PRETORIA – SATURDAY, 15TH OCTOBER, 2016 – FOUR Zambians have won the globally acclaimed 2016 CFO Case Study Competition organised by Africa’s world class business firm, Charter Quest. The award was presented to the winners at the Finance Indaba Africa 2016 Expo in Johannesburg, South Africa last night.

The Zambian team, Athena, was presented with a 100, 000 rand cheque and a trophy at a colourful ceremony held at the Sandton International Convention Centre last night. Athena comprises David Mwanza, Chanshi Mwandama, Elinah Nyala and Chileleko Hanjawa who are financial experts studying Accounting at the Copperbelt University.

The four beat Australia and Ghana after making it to the last three in a competition that started off with 320 teams representing 1,278 aspirants, 53 universities in 25 countries across five continents.

The Zambian team entered the final stages after the Project Board of The CFO (Chief Financial Officer) Case Study Competition on 1st July, 2016 announced the top 6 teams who were to be invited on an all-expenses paid trip to Johannesburg for the global semi-finals and grand finale at the Finance Indaba Africa 2016 Expo which eventually took place last night.

The other five teams were Allez Consulting from Australia, Team Dolphins from Indonesia, Team Snipers from Ghana, Team UKZN from South Africa and Team UP 116 from South Africa.

The competition format is that the participants are given business case studies in which they are required to analyse scenarios and challenges of a particular organisation. They then present their findings and recommendations to a board of directors.

Participants were in the initial stages of the competition required to compile and submit reports from their respective countries. Eliminations were conducted at various stages of assignments and report presentation until the last six were picked and invited to the grand finale in Johannesburg.
The last three, Athena from Zambia, Allez Consulting from Australia and Team Snipers from Ghana, had to
compete in an extended case study which had more scenarios.

The excited Zambian team said they drew their motivation from Indira Ghandi whom they quoted as having said: “’Be the change you wish to see in the world’. We want to see Zambia and the African continent at large wake up from its slumber and unlock its untapped potential to become self-sufficient, we are burning with determination to be part of this change.”

The winners were picked by a team of accomplished financial advisors from various renowned South African blue chip companies which included CFOs from Telkom, Phillips, Johannesburg Stock Exchange and Telesure.

First Secretary in charge of education, Mrs. Emmerentiana Bweupe and First Secretary in charge of Tourism, Mrs. Patricia Muyamwa attended the global semi-finals and grand finale at the Finance Indaba Africa 2016 Expo.

Finance Indaba Africa is the biggest annual expo and conference for finance professionals. It brings together peers, technology suppliers, platforms, banks, tools, specialists, CFOs and thought leaders. 5,000 visitors tap into a wealth of resources, knowhow and inspiration and gain unparalleled insights.

Issued by:

Nicky Shabolyo
Press Secretary
ZAMBIAN HIGH COMMISSION IN SOUTH AFRICA
Cell: +27 (0) 810027548
Email: press@zambiapretoria.net or nshabolyo@gmail.com

30 Comments

  1. Kayz

    Whoa! congratulations! U hv done us proud

  2. TIMELESS

    weldone. now see if you can that theory into practice.

    • Joe

      Comment
      Congrats!May the same team can help the likes of ZESCO given their senarior

  3. Kelvin Kumesa

    congratulations

  4. John Chifofo

    congratulations for puting Zambia on the map.

  5. toto

    Congratulations guys that’s the way to go.

  6. Thomas

    Way to go guys

  7. Jolie mahoney

    In deed my Zambia with fresh brains awaiting to deliver change.

  8. Tiger Impi

    Theory!!! kuwayawayafye!

  9. Tiger Impi

    Theory!!! kuwayawayafye! !!!

  10. Chipango Nyala

    Well done. You have shown that determination and hard work brings good results. You have also contributed to enhancing the reputation of Copperbelt University.

  11. mk

    We can do better than this

  12. Abraham sakala

    that should give the government more reasons to pay the students their meal allowances they are starving.

  13. paul

    Congrats guyz

  14. MATT

    Congratulations guys! Zambia still has great minds.

  15. team no sleep

    Yes..dats wat we want 2 hear 4 zambia.dats watup guyz continue with da same spirit

  16. Imsk

    Wow we r great Zambia.

  17. Cole

    Comment please dear lets learn 2b civilised in ur speech one zambia one pipo

  18. Daniel Njenga

    Wow!! Am soo proud of people who have great mind for their country.keep it up….

  19. SHADRICK MWIMANZI

    congratulations intellectuals

  20. Kabungo Mpundu Richard

    Congratulations guys keep it up.

  21. nobody citumbuwa

    Comment my big hand for them

  22. nobody citumbuwa

    Comment a big hand for them

  23. Mwilario

    This is so inspiring! Way to go guys! Congratulations!

  24. i love my country

    Weldon there ‘re so many ways of puting Zambian flag up

  25. i love my country

    Congraturations to you guys keep it up

  26. Mutale chisanga

    CommentGood effort students

  27. khalifa

    congrats to the guys ..hope they make a change in our country and put their papers to use

  28. momo

    these re the Zambians we need…..congrats to them

  29. mr kayz

    keep it up guys, that’s awesome for mother Zambia…. great job

Comments are closed.