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*Zimbabwe Plans To Abandon Fixing Prices For Grains* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?dd Finance and Economic Development Minister Mthuli Ncube said the government plans to stop fixing the prices of commodities and will set up a trading exchange before the end of the year where market prices will prevail. Speaking during an interview on Tuesday with the state-owned Zimpapers Television Network (ZTN), Ncube said: ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- > We as government determine prices of wheat, maize and cotton. We want the market to be able to do this, so we are going to launch a proper commodity exchange that makes sure that prices are market-determined, and they are fair. The Grain Marketing Board (GMB) currently fixes prices for commodities including maize, wheat, soya beans and small grains such as rapoko, millet and sorghum. In place of the arrangement, a commodities exchange will be launched this year and will be in full operation in 2021, Ncube said. *More: Bloomberg* itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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