Government urges maize farmers to use ZAMACE

Government has urged maize producers to use the Zambia Commodity Exchange (ZAMACE) to overcome marketing challenges. “The platform will host buyers and sellers at both small and large-scale, and everybody will benefit,” says Agriculture Minister Dora Siliya. The minister’s comments come in the wake of complaints by farmers that they…

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Zambian farmers enter futures market

Zambian farmers and grain buyers will have access to a futures market from Monday. A landmark deal between Zambia Agricultural Commodity Exchange (ZAMACE) and the Johannesburg Stock Exchange (JSE) has been brokered to open the door futures market for Zambia. Futures will give farmers the ability to sell grain and…

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Your guide to ZAMACE grain future contracts

The Zambian Commodity Exchange(ZAMACE), in conjunction with the Johannesburg Stock Exchange(JSE), recently finalised their grain futures contracts. These contracts would provide a tool for farmers and grain traders to protect themselves against future movement in prices, and will also allow grain traders to proved competitive prices for their clients. If…

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