S.A.N.C.E.

 Welcome to S.A.N.C.E.

SOUTH AFRICAN NATIONAL COMMODITY EXCHANGE

Join us as we assist each other in the National and International Commodity trade and as we look after the Interests of the South African Commodity Brokers, Buyers and Sellers.

Thank you for visiting "The SOUTH AFRICAN National Commodity Exchange", S.A.N.C.E (Pronounced SAANS). We make it possible and easy for those who has Commodities for sale to find Buyers, and for those wanting to Buy Commodities, to find Sellers, quickly and easily without the need to run around from Table Top Meeting to Table Top Meeting (TTM) looking for Product or Funds.

The National Commodity Exchange buys products direct from mines and then sells it to International and Local End Buyers. We as far as possible, deal straight with both Buyers and Sellers.

One Focus of the Commodity Exchange is to set guidelines for a currently "unregulated" South African commodity industry.  Intermediaries, Buyers, Sellers, Mine owners, Shareholders and Mandate Holders are invited to register with S.A.N.C.E.
In return all registered Members immediately receive accreditation and confirmation by way of a registration number and a S.A.N.C.E. Accreditation Membership Card with your unique Membership Number. A special Web Page is also built for every SANCE member (and a copy of their S.A.N.C.E. membership card placed online) so that anyone wanting to verify Membership of individual S.A.N.C.E. members, can do so quickly and easily.

Registered S.A.N.C.E. Members receive preferential information from the National Commodity Exchange when we receive Product (POP) and Funds (POF). As Mines and Buyers are becoming more familiar with S.A.N.C.E. and since their experience with us is generally very positive, more and more mines and Buyers turn to us for assistance. International Buyers prefer to deal through accredited Groups like S.A.N.C.E. and it's members. Being part of S.A.N.C.E. create excellent opportunities for you!

The National Commodity Exchange Boasts with its own Board selected from some of the most experienced and most influential  commodity Brokers in South Africa.

The National Commodity Exchange strive to serve as a central base where Products and Funds meet. Many Buyers and Seller are running around trying to source either Product for their Money, or Funds for their product. They are often messed around from meeting to meeting where either no POF (Proof of Funds) or POP (Proof of Products) exists.

The Commodity Exchange can assist in verifying both Proof of Product (pop) and Proof of Funds (pof) for our members.  Once POP and POF have been 100% verified and confirmed, the Buyers and Sellers will be contacted to arrange a once off TTM where final proof will be presented to both parties concerned, and the final signing of agreements will be arranged.

The Commodity Exchange can assist in drafting final contracts, prepare IMFPA's for signing by the Sellers, Buyers and Intermediaries and can be the paymaster securing the payments for all concerned on a monthly basis.

The Commodity Exchange offers a complete, "One Stop" Service and takes pride in assisting the Commodity Industry in S.A.

To verify your POP or POF today, feel free to call Mr Kearney on 079 872 3339.

The Fact is: You will find what you are looking for through us!

Intermediaries interested to make quick money simply because of their presence in meetings, and who are not involved in doing the hard work involved in commodity trading will be only be facilitated as referral agents and will be rewarded handsomely with a "Once Off Referral Commission".

Join S.A.N.C.E. now

We will need Copy of your ID, a recent Full Colour Electronic Passport photo and the online application form completed.

We invite all Intermediaries to register as Intermediaries with the Commodity Exchange (S.A.N.C.E.) You will be allocated with a registration number and your own unique Membership Card. The Annual Fee is R1500.

For this you will

a) Be notified FIRST when New Product, or Buyers with Funds, register with S.A.N.C.E.

b) Receive a regular Email update with Product, information, news and updates

c) You will Automatically, when registering be accredited as a S.A.N.C.E. Affiliate

d) We offer assistance to conclude transactions

e) We offer training to SANCE Members on different subjects of interest (individual courses normally cost between R500-R750 per course)

f) We will forward you your Special Membership Card containing your S.A.N.C.E. Membership number, ID Number and Photograph, stamped by S.A.N.C.E.

g) As a S.A.N.C.E. member you may use your S.A.N.C.E. membership Number on your Letterheads, emails and Business Cards.

h) You will be invited to Join our Circle of Senior commodity Brokers. We have regular meetings where available Product, methods to Market Products, Advertising of Products, names of people not to be trusted and why, market trends etc. etc. are discussed.  We will also be inviting specialists in their fields to briefly address the meeting on various subjects of Interest such as RBCT, Coal, Mining, Chrome, Manganese, Rail allocations and how it works and other problems and solutions in the Industry. These meetings normally happen either in Johannesburg, Centurion or Pretoria.

More detailed Benefits of SANCE membership are available at www.SANCE.co.za/Benefits


On Offer / Wanted

1. Chrome - we require Chrome for Buyers all the time. Chips. Lumpies, Concentrate and feeding Stock.

2. Coal  FOB/FOT, A Grade Coal and C Grade Coal for sale - we have regular buyers wanting FOB and FOT Coal

3. Gold and Diamonds - if your paperwork is in place we will gladly take deals though with you to the end

4. Manganese - We often get requests for Manganese

6. Iron Ore - Can you assist with Buyers or Sellers?

7. Mines wanted and for sale  - We have many more Buyers than we can handle


Articles: Why Ghost Coal? Written by Louis Kearney (Chairman of S.A.N.C.E.)

              Illegal Practices in Commodities Written by Louis Kearney (Chairman of S.A.N.C.E.)


Our LOI Requirements

Blacklisting and SANCE

Our Signed Coal NCNDA (Select "Save as" option and Edit on your PC)

Our Signed Chrome NCNDA (Select "Save as" option and Edit on your PC)

AA Agreement -The Single point of accountability Agreement (Select "Save as" option and Edit on your PC)

The Benefits of joining S.A.N.C.E.

S.A.N.C.E. Code of Conduct

Join S.A.N.C.E. now

Our views on Commissions to Commodity Brokers internationally

What is a NCNDA document?

What is a IMFPA document?


 Contact Louis Kearney  on 079 872 3339 during office hours
Office: 012-751 6050 (Neotel)
Fax: 0866 124 303