Hibarri has officially launched South Africa’s first online commodity trading platform, aiming to revolutionize how commodities are traded in the region, and beyond. South Africa’s first online commodity trading platform, Hibarri, notes that its mission has always been to create more transparency within the commodity sector. This remains an attribute that the sector has lacked for a vast majority of time.
The company amplifies that there is a need for transparency within the commodity sector, and the company’s innovative platform, and developing app seeks to enhance transparency and speed, by addressing the shortcomings of traditional trading methods that have long dominated the market.
Hibarri’s entry into the commodity sector comes at a time when the industry is grappling with the need for modernization. Vice President of Hibarri, Cherrylee Samson notes that the platform was designed to provide traders with faster and more transparent access to market data, allowing them to make informed decisions.
“Our company has made it its mission to leverage our advanced technology, and our knowledge of developing technology to position Hibarri as a leader in a sector that has been slow in adapting to technological advancements”, said Samson.
The launch of Hibarri coincides with significant movements in the industry, such as Anglo American’s upcoming demerger of Anglo American Platinum, expected to finalize by June 2025. These developments highlight the ongoing changes within the market and the need for platforms that can keep pace with evolving trading demands.
At the 2025 African Mining Indaba held earlier this year, Anglo America emphasized its commitment to innovation through partnerships and initiatives, such as its collaboration with Sasol and the sponsorship of the Mining Innovation and Research Battlefield competition.
“The world of commodities and trading is calling for innovation; and businesses need to adapt to what the Fourth Industrial Revolution may bring forth within the future.”
“This focus on innovation further underscores the growing importance of modern tech / AI platforms like Hibarri, which aims to empower traders with the tools they need to thrive in a competitive environment”, Samson said.
The company notes that their platform is designed not just for seasoned traders, but also for newcomers looking to enter the commodity market. By simplifying the trading process and offering a user-friendly interface, Hibarri hopes to attract a diverse range of international users.
Samson notes that the company has a vision for everyone within trade and industry to have access to the commodities market, and that the company’s platform makes this possible.
As the commodity trading landscape continues to evolve, Hibarri has continued to position itself as a key player within the sector, aiming to make a lasting global impact with the launch of its inaugural International Commodity Summit 2025 (ICS2025), scheduled for November this year.
“With our commitment to transparency, speed, and accessibility, Hibarri is setting a new standard in the industry”, said Samson.
For further information on The International Commodity Summit 2025, including registration details, sponsorship opportunities, and the full agenda, please visit [https://internationalcommoditysummit.com/].
Grecia Mgolombane, Journalist
