Business

ZAMACE urges farmers against panic selling

KABANDA CHULU, Lusaka
ZAMBIAN Commodity Exchange (ZAMACE) has urged farmers against panic selling and utilise the platform that offers profitable returns.
The ZAMACE platform operates through the warehouse receipt system (WRS) that entails farmers or producers should deposit grains in a certified storage shed and be issued with a receipt that can be redeemed for cash at participating financial institutions.
In an interview ahead of the regional warehouse receipt finance training that starts today and ends on Friday in Lusaka, ZAMACE executive director Jacob Mwale said cooperatives and farmer associations should encourage members to wait for the right time.
“We understand that farmers require money for basic needs and READ MORE

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