MMCZ seeks nod for commodities exchange

MMCZ is a state-owned enterprise mandated to market and sell all of Zimbabwe’s mineral resources, excluding gold and silver.

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) says it is waiting for approval from the relevant authorities to implement the proposed commodities exchange. The commodities exchange for minerals is a specialised marketplace where standardised contracts for raw and refined metals and minerals are traded. MMCZ general manager Nomusa Moyo told The Financial Gazette that the…

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