Business News of 2014-08-19

IFEJ launches scheme to reward financial journalists

The Institute of Financial and Economic Journalists (IFEJ), Ghana, has launched a scheme to reward business and financial journalists in the country.
Dubbed the “IFEJ Flamingo awards for Business and financial journalism”, the award seeks to deepen the level of financial journalism in the country, while rewarding outstanding financial journalists based on their published works.
Speaking at the launch of the awards, the President of IFEJ Ghana, Mr Lloyd Evans, said the award was not aimed at competing with the annual Ghana Journalists Association (GJA) awards, but rather to complement the awards programme of the association.
The first edition of the awards scheme slated for November this year has drawn a lot of corporate sponsors, including the World Bank and Enterprise Life.
According to Mr Evans, the awards would not just be an annual event for the sake of it, but would help Ghanaian financial journalists improve on their writing skills to better equip them to win international awards.
“As a follow-up to the awards, we will hold what you can call a clinic/workshop with the jury to bring out the flaws of the various submissions. This will be followed by other training programmes aimed at improving the level of financial journalism. The ultimate is to develop training models for post training of financial journalists in the country and beyond,” he explained.
Award categories
The awards have 10 categories; Information and Communications Technology (ICT), finance, extractives, agribusiness, tourism, business, developmental issues, rural banking/micro financing and micro enterprises, business of health and best news story.
He said the World Bank was committed to helping journalists nurture their reporting skills on the economy and had, therefore, presented a platform for IFEJ to host the maiden awards at their office in Ghana.
The Head of Human Resource at Enterprise Life, Mr Alex Inkoom, in his address, said the company was committed to helping financial journalists upgrade their skills and had, therefore, signed a Memorandum of Understanding (MoU) with IFEJ in that direction.