Challenges of Ethiopian Commodity Exchange in a Coffee Market

Zusatztext

To plan a suitable organizational growth as well as for great contribution for the economy, ECX need to identify the basic problems.Hence, the purpose of this study is to examine the basic challenges of ECX on coffee: with the reference of yirgachiffe, sidama, harari and jimma coffee.The findings result from this study reveal that shortfall of agricultural product, physical infrastructure, macroeconomic instability, price fluctuation, lack of adequate warehouses that accommodate ECX participants request,. Higher penalty cost imposed on the participants for not withdrawing their commodity from the warehouses, poor quality of warehouse service insufficient time to store and transfer the commodity, inefficient and inadequate in store credit; discouraging the membership requirement of ECX, expensive membership seat fee and exposed for corruption were found to be amongst the fore front challenges to the success of ECX.

Autorenportrait

My name is Tekabe Sintayehu I was born in the continent of Africa typically in Ethiopia.I was graduated my first degree and masters degree in Jimma University under the department of Banking and Finance,and Accounting and Finance respectively.Currently am working Jimma University as a lecturer under the department of Banking and Finance.

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