Zambian Commodities Exchange Delayed by Legal Holdup
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The Zambian Agricultural Commodities Exchange, which halted trading in July 2011, postponed restarting operations after the government delayed a law needed for the bourse to start up.
The holdup in the legislation needed to certify commodity warehouses meant the exchange couldn’t meet its previous target to restart trading by the end of 2012, Executive Director Brian Tembo said yesterday.