Stock exchanges provide a platform. A platform that Chris Sturgess, assistant general manager of the Agricultural Products Division of the Johannesburg Stock Exchange, says helps with price discovery and price risk management. He says Africa needs such platforms. At the same time though, he stresses that stock exchanges do not set prices.
Chris presented at the opening session of the 2008 U.S. Africa Agribusiness ForumYou can listen to Mbaye’s remarks here:
usafag-08-sturgess.mp3
2008 U.S. Africa Agribusiness Photo Album
AgWired coverage of the 2008 U.S. Africa Agribusiness Forum is sponsored by: