ZMX is an end-to-end commodities market place. The company is a Private Limited company registered under Zimbabwe’s New Companies Act [Chapter 24:31] of 2020. The company is structured as a joint venture between the Financial Securities Exchange (FINSEC) and the TSL Limited. We are there to bridge the gap between commodity buyers with sellers and commodity holders with finance by offering a platform that brings fair price discovery and convivence into trading, and pledging of commodities.

ZMX depends on a diverse group of participants, each of whom plays an important role in maintaining a fully functioning marketplace. The role of ZMX is to ensure that the rules are fair to all of these market participants:

• Producers
• Industrial End-Users
• Traders
• Speculators

ZMX simply creates a formalized process for the buying and selling of commodities and provide the following advantages:

• Transparency and Efficiency – The process of price discovery allows market participants to see and trade off of prices instantly, creating more efficient markets.
• Standardization – Since commodities exchanges standardize the features of contracts, market participants can compare prices on an equal basis.
• Liquidity – Without ZMX, producers and suppliers would lack the liquidity to buy and sell raw goods. This would increase the volatility of commodities and create unnecessary price swings for everyday items.

The exchange-traded commodities (ETC) that are currently available on ZMX include selected grain, seed oils, tea and macadamia nuts. We will be adding more commodities in due cause.

Step 1 Dial *727* and Select Register

Step 2 Enter name

Step 3 Enter surname

Step 4 Enter ID number

Step 5 Confirm

Step 6 Set pin

Step 7 Enter confirm 

Registration Complete

Step 1: Download the ZMX App on Google Play store or Apple App store

Step 2: Click the do not have an account area, fill all the fields

Step 3: Click submit:

Step 4: To login enter your email address and password. Your One Time Password will be sent to your email Step 5: Enter One Time Password and start trading

Registration Complete

Step 1: Follow this link–

https://zmx.co.zw/

Step 2: On the login page click

Create account

Step 3: Fill all the fields and when done click submit

Step 4: To start trading return to the login page using the above link

Step 5: Enter your email address and password. Your One Time Password will be sent to your email.

Step 6: Enter your One Time Password and start trading.

Registration Complete

Step 1: Click deliveries on your menu

Step 2: Enter commodity type

Step 3: Enter region and location

Step 4: Enter quantity:

Step 5: Confirm order

Step 6: You will receive a notification on the status of the booked delivery

To sell your commodities, you follow the simple steps below

Step 1: Dial *727#

Step 2: Select commodities

Step 3: Select Buy/Sell

Step 4: Select Sell Commodities

Step 4: Select commodity name

Step 5: Enter quantity

Step 8: Choose to either (1) sell at market price or (2) to enter your own price

Step 7: If (2) was chosen in step 8 enter price

Step 7:  Confirm

You will receive a notification on the status of your sell order.

Step 1: Dial *727#

Step 2: Select commodities

Step 3: Select Buy/Sell

Step 4: Select Buy Commodities

Step 5: Select commodity type

Step 6: Select grade

Step 7: Enter Quantity

Step 8: Choose to either (1) buy at market price or (2) to enter your own price

Step 7: If (2) was chosen in step 8 enter price per unit

Step 7:  Confirm

You will receive a notification on the status of your buy order.

Step 1: Dial *727#

Step 2: Select commodities

Step 3: Loan

Step 4: Select product

Step5: Enter quantity

Step 6: Enter loan amount

Step 7: Enter tenure

Step 5: Enter lender

Step 7: Confirm

Step 1: Initiate withdrawal by selecting cash withdrawal option

Step 2: Cash is sent to farmer’s Bank account on mobile wallet

Step 1: Initiates withdrawal by selecting commodity withdrawal option

Step 2: Farmer collects commodity form the warehouse