1) Depositor Details


  • Entity:


  • Contact:

    Chichere Club
  • Physical Address:

    Mchinji
  • Postal Address:

    P.O.Box Mchinji
  • Tel:

    265999032666
  • Fax:


  • Email:

    client@aceafrica.org
  • Proceeds Assignment:



2) Warehouse details


  • Warehouse Name:

    RAB Kamwendo WH
  • Warehouse Manager:

    Innocent Manda
  • Warehouse Operator:

    RAB PROCESSORS LTD
  • Warehouse Number:

    RAB Kamwendo
  • Location:

    MCHINJI
  • Fax:


  • Email:

    client@aceafrica.org

3) Commodity Details


  • Commodity Name:

    Maize Grain
  • Variety:

    White Maize (non GMO)
  • Grade:

    ACE1
  • Crop Year

    2017
  • Quantity:

    0.00  MT
  • Total Draw Down:

    35.44 MT
  • Volume at Current Moisture:

    0.00 MT at 11.30 %
  • Volume loss at current Moisture:

    0.43 MT
  • Volume at Standard Moisture:

    0.00 MT

4) Storage Cost as of  12 Dec 2018


Cost codeCost (MWK)
Fixed Handling71,739.80
Bags and Bagging233,154.35
Daily Storage Fee719,811.02
Total1,024,705.17

Storage settled till : 12/12/2018
Amount Financed :
Final Settlement Till Date : 0
Accumulated Interest Till Date : 0
Placement : Owner

5) This Warehouse Receipt is subject to the terms and conditions stipulated in:

  • The ACE Warehouse Receipt Rules
  • The parties acknowledge themselves to be familiar with and to be bound by the defaults terms and conditions if applicable as stipulated generally by the Regulations of ACE.
  • ACE Arbitration Rules - Any dispute arising under this or in relation to this Warehouse Receipt shall be submitted to Arbitration in terms of regulation 38 of the regulations of ACE.

6) Audit Trail

DateDescriptionOwnerVolume(MT)
02/08/2017WHR CreatedChichere Club30.49
08/09/2017Additional VolumeChichere Club5.38
05/04/2018Drawndown VolumeChichere Club30.13
09/07/2018Drawndown VolumeChichere Club5.31
ACE
Agricultural Commodity Exchange for Africa (ACE) - www.aceafrica.org – ace@aceafrica.org - +2651710204