ZMX recently signed deals with three farm product markets from nearby countries. These new partnerships connect ZMX with market systems from Malawi, Zambia, and Tanzania. All four groups belong to the African Continental Free Trade Association- Association of Commodity Exchange, known as A-ACX. The agreements were made last week during a special meeting.
Mr. Collen Tapfumaneyi, the chief executive officer of ZMX, explained how these partnerships create fresh sales opportunities for local farmers. He mentioned that people currently trade between countries without good systems. Farmers must travel long distances just to sell their crops, which wastes time and money. These new connections solve that problem.
The four market systems act...