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Zimbabwe: Commodities exchange boon to economy

Posted on 14 April 2014

The setting up of a vibrant Agricultural Commodity Exchange will be essential for Zimbabwe’s economic recovery as it has the capacity to stimulate the circulation of money, experts have said. A commodities exchange is an open and organised marketplace where ownership titles to standardised quantities or volumes of certain agricultural commodities are traded by its members.
Securities Exchange Commission of Zimbabwe (SECZ) chief executive Tafadzwa Chinamo said such a trading platform could stimulate more circulation of money in the economy, with benefits for investors and producers………………………………………..Full Article: Source


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