ZMX, GMAZ bid to streamline grain marketing

From left: GMAZ vice chairman Chipo Nheta, chairman Tafadzwa Musarara, ZMX chief executive Collin Tapfumaneyi and ZMX chairman Derek Odoteye during the signing ceremony in Harare yesterday. Picture by Freedom Mashava

THE Zimbabwe Mercantile Exchange (ZMX) and the Grain Millers Association of Zimbabwe (GMAZ) have signed a memorandum of understanding to align structured trade systems with national food value chains.ZMX’s chief executive, Collen Tapfumaneyi, spoke at a joint press conference, stating that the collaboration enables grain offtake through forward contracts, which secures demand and unlocks finance…

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