Zimbabwe Commodities Exchange shareholding finalised

THE government says it has finalised the shareholding structure of the Zimbabwe Commodities Exchange (ZMX) with its partners in the project.
Speaking after a cabinet meeting on Tuesday, acting Information minister Jenfan Muswere said the government will own 20 percent of the entity, while FINSEC and TSL will each get 22,5 percent. CBZ Bank will own 35 percent.

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In 2020, the government gazetted the Warehousing Receipt Act with the aim of introducing the exchange. And in August last year, the platform was la

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