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Banker mulls pan-African commodity exchange

Posted on 10 October 2011

One of the country’s leading bankers, Chris Goromonzi, is working on setting up a pan-African commodity spot and derivatives exchange where commodities would be traded in a move set to bring fairness in prices. Goromonzi’s Botswana-headquartered Bourse Africa is working with Financial Technologies Group, an Indian firm, to set up a pan-African bourse.
This comes at a time the government promoted Commodity Exchange of Zimbabwe (Comez) is still to take-off since its launch in January……………………………………….Full Article: Source


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