| 12.07.2011 - EAC seeks to establish commodity exchange |
| East African governments are mulling the creation of a regional commodity exchange. The plan, if implemented, will drastically reduce costs of transactions, enhance information flow and improve returns to market participants. The East African Community and a US-based consultancy Nicolas Berggruen Institute have started discussions to establish the market, expected to create much needed mass and demand in the bloc...............................................Full Article: Source |