January 18, 2011

Zimbabwe Launches Commodity Exchange

Zimbabwe has openened a new exchange for commodities, although trading has yet to commence. The Commodities Exchange of Zimbabwe (COMEZ) is the first in the country since 2001, when the prior exchange was closed to give the government a monopoly on corn and wheat trading. Initially, the exchange is expected to host trading of grains, cereals, and oil seeds, and shares of the exchange will be available to private investors.

1 comment:

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