CBZ bets on ZMX for regional expansion

ZMX, a joint venture comprising CBZ with 35 percent, Financial Securities Exchange (Private) Limited (FINSEC) with 22,5 percent, TSL Limited with 22,5 percent, and the government of Zimbabwe with 20 percent, aims to streamline agricultural commodity trading.

CBZ Holdings (CBZ), is leveraging its 35 percent stake in the Zimbabwe Mercantile Exchange (ZMX) to position itself as a key player in the development of a robust commodity exchange ecosystem, both domestically and across the region, a top company executive has said.The group has been instrumental in agricultural financing and economic development initiatives.In an…

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