ZMX struggles to penetrate market

The assessment underscores the importance of continued vigilance, regulatory enforcement and industry collaboration in mitigating financial crime risks.

THE Zimbabwe Mercantile Exchange (ZMX) is battling lower-than-anticipated trading volumes due to market inefficiencies, despite ongoing stakeholders’ efforts to improve its competitiveness.The electronic agricultural commodities trading platform, launched in 2021 operates through a warehouse receipt system which allows farmers to store their produce in licensed warehouses and receive a receipt that can be used as…

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