Today, Principal Secretary, State Department for Co-operatives PS Patrick Kilemi attended the Validation of The Kenya National Multi Commodities Exchange (Komex) Trading Rules by stakeholders and the Board of Directors. PS Kilemi is a director of KOMEX Board member.
KOMEX operates warehouses where farmers will deposit produce for storage, pending a decision to sell when prices improve. As a result, the platform provides real-time commodity prices about exchange trading, which provides openness in the interaction between the supplier and the trader or the consumer.