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ZAMACE - Institutional Changes and Persistent Challenges - Dec 2011

ZAMACE - Institutional Changes and Persistent Challenges - Dec 2011

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Published by Zambian-Economist

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Published by: Zambian-Economist on Jan 15, 2012
Copyright:Attribution Non-commercial

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11/18/2013

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ZAMBIAN AGRICULTURAL COMMODITYEXCHANGE: INSTITUTIONAL CHANGESAND PERSISTENT CHALLENGES
Nicholas Sitko and T.S. JayneIndaba Agricultural Policy Research Institute (IAPRI)Presented at the Agricultural Cooperating Partners MeetingLusaka, December 13
th
, 2011
 
Objectives of Presentation
1)
Why commodity exchanges would be beneficial toAfrican food markets
2)
Institutional challenges impeding ZAMACE’s
development
3)
Recent restructuring at the exchange
4)
Persistent policy challenges
5)
Conclusion
 
Institutional solutions to Africa’s food
market challenges?
In developed agricultural markets, commodity exchangesserve to:
Manage risk
Reduce costs
Provide transparent price discovery
Increase market activity and decrease price volatility

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