FRA COMMENCES TRADING OF SOYA BEANS ON THE ZAMACE PLATFORM
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PRESS STATEMENT FOR IMMEDIATE RELEASE FRA COMMENCES TRADING OF SOYA BEANS ON THE ZAMACE PLATFORM DATE: Wednesday 25TH OCTOBER 2023 The Food Reserve Agency (FRA) has commenced the selling of one hundred thousand metric tonnes (100,000 MTs) of soya beans on the Zambian Commodity Exchange (ZAMACE) platform. ZAMACE is a transparent market place for the trading of commodities, certification of storage sites, grading and valuation of stored commodities under warehouse receipts, as well as an enabler for the financial sector to finance warehouse receipts. It is an exclusively mandated entity prescribed to carry out this mandate under the Agricultural Credits...