Tanzania Mercantile Exchange
4th Floor, Millenium Tower II, New Bagamoyo Road, Dar es Salaam, Tanzania
+255 (0) 222923700
info@tmx.co.tz
Banking, Finance, Capital Markets, Microfinance, Loans, Stock Market
Location: 4th Floor, Millenium Tower II, New Bagamoyo Road, Dar es Salaam, Tanzania
Tanzania Mercantile Exchange (TMX), operating since 2018, is a platform ensuring quality trading and fair market access for Tanzanian commodity buyers and sellers.
The Tanzania Mercantile Exchange (TMX) is Tanzania's first regulated electronic and floor-based commodity exchange platform, designed to connect agricultural producers, buyers, and financial institutions.
???? Overview & Ownership
- Founded: Incorporated on August 25, 2014.
- Structure: Public-Private Partnership (PPP).
- Government Share: 49% (held via the Treasury Registrar).
- Private Share: 51% (initial founders include TIB Development Bank, PSPF, and TFC).
- Regulator: Capital Markets and Securities Authority (CMSA).
✅ Core Objectives
- Fair pricing: Securing competitive market prices for farmers.
- Transparency: Providing real-time digital auctions and price discovery.
- Efficiency: Eliminating fragmented rural markets and reducing middleman exploitation.
- Access: Connecting smallholder cooperatives to national and global markets.
???? How the Trading Process Works
- Aggregation: Farmers group produce through Agricultural Market Cooperative Societies (AMCOS).
- Warehousing: Goods move to licensed facilities supervised by the Warehouse Receipt Regulatory Board (WRRB).
- Certification: Commodities undergo quality testing and weighing before issuing digital warehouse receipts.
- Auctioning: Receipts link directly to the TMX Online Trading System (OTS) for transparent bidding and settlement.
???? Traded Commodities
- Primary focus: Sesame seeds, green grams, pulses, rice, maize, sunflower, coffee, and cashew nuts.
Chairman of the Board
Chief Executive Officer
