| The Tanzania Mercantile Exchange (TCX) is expecting to start trading by the end of this year as regulations and dealers will be in place at end-September. The training of the first commodities dealers, about 60, is ongoing and will end this July and licensing them will follow thereafter. While, TCX regulations are expected to be sent to the ministry responsible for endorsement in this quarter.
The Capital Market and Securities Authority (CMSA), Public Relations Manager, Mr Charles Shirima, said that the exchange trading expects to with coffee, cashew nuts, sesames and probably maize—current traded under warehouse receipt system. “It seems all are in place...............................................Full Article: Source
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