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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?ms 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: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > 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* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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