Minerals commodity exchange launch imminent

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THE Treasury has announced that the rules governing the operation of the Minerals Commodity Exchange have been finalised, and trading is expected to begin shortly.

The exchange, which will be managed by the Victoria Falls Stock Exchange, is set to be established in a special economic zone and will conduct its operations using the United States dollar.

The Minerals Commodity Exchange aims to increase international market access, boost productivity, enhance liquidity, and foster competitive pricing for Zimbabwe’s mineral resources.

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