Assessing the readiness of Zimbabwe in adoption of an agricultural commodity and derivatives market- a review paper

With the increased fragmentation of the Zimbabwean agricultural system it has become apparent for stakeholders to look for new ways to managing market risk to enhance farm profits. Globalisation has also increased the pressure for regional and global integration hence the possibility of a commoditie...

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Main Authors: Nyamutowa, C., Masunda, Stein, Mupaso, N.
Format: Article
Language:English
Published: Midlands State University 2015
Subjects:
Online Access:http://hdl.handle.net/11408/679
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author Nyamutowa, C.
Masunda, Stein
Mupaso, N.
author_facet Nyamutowa, C.
Masunda, Stein
Mupaso, N.
author_sort Nyamutowa, C.
collection DSpace
description With the increased fragmentation of the Zimbabwean agricultural system it has become apparent for stakeholders to look for new ways to managing market risk to enhance farm profits. Globalisation has also increased the pressure for regional and global integration hence the possibility of a commodities and derivative exchange has been under serious consideration by the Government and stakeholders. This review has shown that while financing the exchange is central to its implementation, more studies need to be done to assess, the level of interest by farmers, infrastructural, the logistical, warehousing, capacity building and legal parameters. A specific study on viability of the exchange is also required. The review has also shown that the success of such an exchange in sub-Saharan Africa, with the exception of SAFEX is limited due to the main issues of volumes of trade and strong government interventions in the market.
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spelling ir-11408-6792022-06-27T13:49:06Z Assessing the readiness of Zimbabwe in adoption of an agricultural commodity and derivatives market- a review paper Nyamutowa, C. Masunda, Stein Mupaso, N. Agricultural commodities, derivatives, agricultural markets, Zimbabwe With the increased fragmentation of the Zimbabwean agricultural system it has become apparent for stakeholders to look for new ways to managing market risk to enhance farm profits. Globalisation has also increased the pressure for regional and global integration hence the possibility of a commodities and derivative exchange has been under serious consideration by the Government and stakeholders. This review has shown that while financing the exchange is central to its implementation, more studies need to be done to assess, the level of interest by farmers, infrastructural, the logistical, warehousing, capacity building and legal parameters. A specific study on viability of the exchange is also required. The review has also shown that the success of such an exchange in sub-Saharan Africa, with the exception of SAFEX is limited due to the main issues of volumes of trade and strong government interventions in the market. 2015-09-18T10:50:19Z 2015-09-18T10:50:19Z 2014 Article http://hdl.handle.net/11408/679 en Midlands State University Journal of Science, Agriculture and Technology;Vol. 5 (1); p. 91-110 open Midlands State University
spellingShingle Agricultural commodities, derivatives, agricultural markets, Zimbabwe
Nyamutowa, C.
Masunda, Stein
Mupaso, N.
Assessing the readiness of Zimbabwe in adoption of an agricultural commodity and derivatives market- a review paper
title Assessing the readiness of Zimbabwe in adoption of an agricultural commodity and derivatives market- a review paper
title_full Assessing the readiness of Zimbabwe in adoption of an agricultural commodity and derivatives market- a review paper
title_fullStr Assessing the readiness of Zimbabwe in adoption of an agricultural commodity and derivatives market- a review paper
title_full_unstemmed Assessing the readiness of Zimbabwe in adoption of an agricultural commodity and derivatives market- a review paper
title_short Assessing the readiness of Zimbabwe in adoption of an agricultural commodity and derivatives market- a review paper
title_sort assessing the readiness of zimbabwe in adoption of an agricultural commodity and derivatives market- a review paper
topic Agricultural commodities, derivatives, agricultural markets, Zimbabwe
url http://hdl.handle.net/11408/679
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