New law a ‘big leap forward’ for local commodities exchange, experts say

The local commodities exchange has been growing at a slow pace, and has been characterised by low volumes over the past two years. The exchange operated by East Africa Exchange (EAX) has a few traded commodities, mainly maize and beans. However, this could soon be history thanks to new initiatives by Capital Market Authority (CMA) and EAX geared at attracting more farmer participation to boost volumes and ensure sustainable supply.
EAXu2019s Ngoga explains how climate change is affecting the quality of maize during the interview. (Stephen Nuwagira)
EAX’s Ngoga explains how climate change is affecting the quality of maize during the interview. (Stephen Nuwagira)
Stephen Nuwagira