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Commodities Exchange Pilot Programme in Progress


Commodities Exchange Pilot Programme in Progress
December 11, 2020
Pilot programme and awareness campaigns for the soon coming commodities exchange are already underway as efforts to intensify its operations by March 2021.
In his 2021 National Budget, Finance and Economic Development Minister Professor Mthuli Ncube indicated the exchange will be launched in March next year, to address agriculture marketing problems, which undermine market access and financial viability of farmers.
The initiative is being spearheaded under Pillar Six of the National Agriculture Policy Financing (NAPF): Agriculture Finance and Credit.
The Pillar Six is a Public Private Partnership (PPP) financing model, which is seen as a conducive financing model for development projects in developing countries. The Pillar Six membership is made up of Ministry of Lands, Agriculture, Water & Rural Resettlement, Ministry of Finance and Economic Development, the Reserve Bank of Zimbabwe; Food and ....

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